[Technical Post] The Cornerstone of Technical Analysis - Dow Theory
$BTC There are many theories of technical analysis, but Dow Theory is an indispensable one. 1. Trend Line Analysis: Dow Theory emphasizes the importance of trends, and trend line analysis is a core component. By drawing trend lines, one can identify the major trends, minor trends, and temporary trends in the market, as well as determine support and resistance levels. 2. Chart Pattern Analysis: In Dow Theory, specific patterns in price charts can provide predictions of price movements. Common chart patterns include head and shoulders, double tops, double bottoms, triangles, etc. By observing the emergence and evolution of these patterns, future price trends can be predicted.
The big plunge of Bitcoin in the early morning is closely related to the Israeli Air Force's airstrikes on Iran! Bitcoin has plummeted again, as the cryptocurrency market is extremely sensitive to sudden geopolitical events. On one hand, geopolitical conflicts can trigger panic in the market, causing whales to sell off assets to avoid risk. On the other hand, the uncertainty of energy prices may directly affect the costs for cryptocurrency miners, especially for high-energy-consuming mining projects like Bitcoin. As events gradually stabilize, bottom-fishing capital may also gradually flow back. #以色列伊朗冲突 $BTC
What is meant by upholding the righteous law? The so-called law is the eye of all living beings in the ages. Without the righteous law, how can one participate in the creation of heaven and earth? How can one nurture all things? How can one break free from the constraints of the mundane world? How can one enter or exit the world? Therefore, whenever one sees saints and sages, images of deities, scriptures, and classics, one should show more respect or repair and organize them. As for promoting the righteous law, to repay the Buddha's grace, especially one should encourage and motivate.
1. Everyone has their own market conditions that they adapt to; the trading methods that suit you best align with individual human nature. 2. If a coin consistently leads to losses, it’s not your trading system that’s at fault; it’s the coin (S.B). Once you let go of this coin, you will gain clarity. 3. Human nature has flaws, and trading systems do too; filling the gaps in what you've learned is a process, and thus losses are inevitably part of trading. 4. The simpler the tools you use, the closer you get to the truth; the more data you have, the further you drift from reality. 5. Analysts rely on data, but their data is not your direct basis for entering the market. 6. Trading is a personal matter; learn from resonant and outstanding individuals, otherwise the market will just be a back-and-forth battle, and you risk losing your capital. 7. Always remember to avoid over-leveraging; your capital is your power to survive in the market. 8. There has never been a liquidation that didn’t stem from luck; manage your positions well. 9. There are no benevolent beings in the market; the information you see is intentional; the chart is more telling than the news. 10. You cannot achieve perfection in trading; focus on the markets you excel in; making a profit is always the right choice. #交易心理學 #交易认知 $BTC
XRP has also taken off from the same spot🛫 Buy in batches, hold firmly! Reached TP6, gained 10.5% Next, continue to recharge belief🥰🫰 #看懂K线 #韩国加密政策 $XRP
Origin of the contradictions On May 22, the U.S. House of Representatives passed the tax reform bill proposed by the Trump administration, which was described by the Trump administration as 'large and beautiful.' However, it included clauses that eliminated subsidies for electric vehicles and solar energy, marking the beginning of the conflict between the two. Development of contradictions • On May 27, a few days before leaving the 'Government Efficiency Department,' Musk expressed that he was 'disappointed' with the tax reform bill, stating that it undermined the work of the 'Government Efficiency Department.' • On June 1, Musk stated that the 'Government Efficiency Department' he led had become a 'scapegoat,' and dissatisfaction with the U.S. government had intensified.
This round of the bull market is destined to be the bull market for seasoned investors; newcomers and those who have not experienced a complete cycle in the crypto space are out of luck. The entire web3 community is cold and silent. Currently, BTC is severely controlled, and retail investors see the price as too high, with most focusing on Ethereum or other altcoins. It is like everyone is watching Bitcoin perform alone, constantly draining value and breaking new highs, and when a drop occurs, altcoins collectively become blind. There will be many pullbacks during the bull market; we just need to endure this wave of pullback, and we can wait for the good market conditions to arrive. We can still buy small on slight dips and buy large on significant drops! $BTC #加密市场反弹 #我的COS交易 $ETH $XRP
You want to make money off me, and I want to make money off you, so there is no one taking advantage of the other, it's just a game~ The market is rebounding now, are you who shorted it trembling with fear? 🥶 A large number of stop-losses have already been harvested, and it should rebound now! $BTC
I seriously suspect this is a drag~ Going long is aimed at hitting the stop-loss levels of the shorts, and every time a position is built, it's at the highest point of a breakout, this time it's even more obvious. The previous few times were during a sideways phase where it broke out upwards. The main goal is to cause short stop-losses, then the team behind him goes short to absorb these stop-losses, and in the end, they easily shift the blame, portraying themselves as victims… #加密市场回调 $BTC
I feel that reaching 1000 followers is a bit challenging. The big brother in the crypto circle doesn't eat smoke, only eats big pancakes! Seduction doesn't work, just won't follow 😂🤣😭 Can you help me reach 1000 followers? Can you please follow me? 🫶🏻 I wish you have meat to eat every day... #合约交易 #策略交昜 $BTC
Today, Miss Rabbit's Market Analysis In the past 14 hours, the price of Bitcoin has dropped 📉 by 3.8%, reaching the lowest point since 10 days ago!
Market bearish sentiment is growing, and various signs indicate that the price of Bitcoin is very likely to return to the previous low level from 10 days ago. This decline is quite significant, creating an atmosphere of unease in the market.
The price trend of Bitcoin had previously shown relatively strong performance, breaking through $105,000 on May 11, reaching a several-month high. The current downward trend sharply contrasts with the previous upward trend.
During the price increase phase, although there was a momentary display of momentum to reach higher points, there were also many unstable factors. For instance, in recent days, Bitcoin has seen a decrease in trading volume while most other cryptocurrencies have experienced some level of increase, which may indicate a diversion of funds, changes in capital flow, and various other factors. #马斯克宣布离开特朗普政府 #比特币2025大会 $BTC $ETH