The interest rate decision at 2 AM tonight is basically not worth paying attention to, with 99.99% betting on no change in rates. The main focus will still be on what Mr. Powell has to say.
Recently, the international situation has been severe, and any escalation of events could impact the market, so it's best to maintain a cautious attitude.
You can only trade short positions and set good stop-losses, otherwise, your wallet might be attacked while you sleep.
Recently, the international situation is severe, and any escalation of events can affect the market. Therefore, it's best to maintain a cautious attitude, only engage in short-term trading, and set stop-losses, or else it may attack your wallet while you sleep.
Yesterday, the short position on ETH took profit at midnight.
I wanted to build a long position at the midnight low, but my sleep has been poor recently, and I didn't want to monitor the market all night, so I gave up.
As long as ETH doesn't drop below around 2440, there is still hope for recovery. The bulls will resist at this level, but if it breaks below this range, it will be more dangerous.
Binance friends can join the group chat: 币安专属聊天群(十年一梦)
Six months ago, if you had invested in not DeSci (Decentralized Science) in the crypto world, but in regenerative technology (Centralized Science) in the US stock market, you would have received a 350 times return.
Continue shorting ETH, at a similar position as yesterday
Yesterday I tried shorting at the resistance level and took a loss, this morning I woke up to see it back below the resistance level, so I will continue to short
Taking a nap, hoping that when I wake up it has already dropped
Now Alpha is not playable, right? I just checked, the transaction fee for other volumes is 3.5u per refresh, which is a tenfold difference compared to $ZKJ!
Have you all resigned? Or are you quietly playing?🤣
Village Chief: Kid, how much U did Alpha make today? Me: 200U! Village Chief: Kid, you're doing well, looks like there's a big gain today? Me: No, Village Chief, I meant your principal still has 200U left! Village Chief: … Me: Village Chief, Village Chief, wake up, someone, the Village Chief has fainted…
Many traders have experienced a moment like this: they got the direction right, the entry point was good, and after holding for a while, they found themselves in profit. But as soon as there's a pullback, they panic and run.
You say your execution is poor? Ultimately, it's because you've never truly believed that you could capture the full profit from this wave. Your subconscious has long set a ceiling of 'I don't deserve to earn this much,' so whenever your profits reach this critical point, you rush to secure the gains, unable to even withstand the fluctuations.
You are not 'afraid of losing'; you are 'afraid of winning'—afraid of giving back profits, afraid of falling from paradise. So you self-punish in advance, giving up your rightful share of value.
True experts do not guess the direction correctly every time; they have the ability to hold on, endure, and finish strong when they see the right opportunity.
The ceiling on profits does not lie in the market or the situation, but in your heart.
The only charm in the cryptocurrency world right now is contracts and meme coins! Both of these are designed for gamblers, and just think, the masters who design such products are definitely experts in understanding human nature!
The purpose of contracts is to shorten the trading cycle, satisfying the greed of human nature for quick wealth!
Meme coins are about small bets for big returns, but most are scams, giving you a dream of getting rich quick!
However, very few can do well in these two areas, so it is advised that ordinary people really should not play; it's like giving away money!
Some shanzhai are very interesting, already in a state of minimal external intervention, purely controlled by market makers. Small amounts of capital can take advantage of the fluctuations, but slightly larger amounts of capital can easily be targeted.
The CPI announced tonight was lower than expected, which is favorable for a market interest rate cut. However, the market generally expects the Federal Reserve to maintain interest rates at its meeting next week.
The recent strong non-farm payroll report has led traders to lower their expectations for a Federal Reserve rate cut. The money market anticipates that the Federal Reserve will cut rates by 45 basis points before the end of the year, indicating that only one rate cut this year is fully priced in, while the likelihood of a second rate cut is 80%.
Along the way, I've seen many people achieve impressive results in this market and exit
While feeling envious, I also fantasize about when I can reach the other shore and exit
Choosing the trading path was a decision I thought about for a long time, treating it as something I could pursue long-term in life
I don't have the patience for the primary market, and my ability to process information and react can't compare to many people now
In the past, I would participate in whatever was popular; when NFTs were hot, I participated in NFTs, when 'Tugou' was hot, I jumped into that, I have tried everything from GameFi to 'pulling wool', but later realized that it was hard to achieve significant results this way
To master an unfamiliar field requires a lot of effort and constant positive feedback to stimulate growth, but this market itself consumes mental energy, how can one possibly master multiple fields simultaneously?
Only after realizing this did I fully commit to the trading path, hoping to achieve significant results in this field, and I also hope everyone can achieve great results in their own fields
There are no shortcuts in trading; one can only save oneself.