海绵讲币

Are you a left-side trader or a right-side trader?

Many people have been trading in the crypto space for a long time, losing money left and right, and in the end, they look confused. When I ask: are you a left-side trader or a right-side trader?

The other party is puzzled: what is left-side, what is right-side? I really feel helpless; if you can't even figure out left-side and right-side, how do you expect to make money in the crypto space? Come on, isn’t that just relying on luck?

Know your enemy and know yourself, and you will never be defeated; if you do not know your enemy and do not know yourself, you will be defeated in every battle. The crypto space is a battlefield. If you do not understand yourself and do not understand the market, do you expect to get rich? Is that possible? So every trader must first figure out what suits them. Today we will talk about left-side trading and right-side trading to help you find direction.

1: What are left-side trading and right-side trading?
Left-side trading: counter-trend operation, simply put, you have to act like a "prophet", predicting that the price will reverse and taking action in advance. For example, if BTC falls to $90,000 and you think it will rebound, you decisively buy the dip; or if it rises to $100,000 and you think it will fall, you sell in advance. This kind of trading is high risk and high reward; if you succeed once, you can earn a lot of money and boast about your "divine prediction", but it is very difficult. You either need to have strong patience to wait or have precise predictive ability. In summary: be a Zhuge Liang beforehand, guessing the ups and downs in advance, buying and selling a step ahead.

Right-side trading: trend-following operation, waiting for the trend to be clear before entering. For example, if BTC rises to $90,000, breaks through a resistance level, and the trend is confirmed to be upward, you then jump in; or if it breaks a key support level and the trend is downward, you then sell. Right-side trading has high certainty and low difficulty, but the returns may be less because you are always half a step behind and can only capture a portion of the profits, and you can't boast about how great you are. In summary: be a Zhuge Liang afterward, buy only after it rises, and sell only after it falls.

The upcoming Bitcoin trading strategy is "Guerrilla Warfare":

It is feasible to strictly implement the MA120 strategy for Bitcoin! Sell when it breaks below, buy when it goes above; sell again when it breaks below, buy again when it goes above! In this way, as long as you get it right once, you will reduce huge losses or make a big profit!

SUI, this guy, you really can't look at him with normal thinking. Claimed to be the killer of SOL, he still has some weight.
This guy can drop and can drop you dead, and if he rises, he can also rise to the sky.
From the current shape, he has already broken out of the downtrend, and is now starting to reverse. The shape is upward, and as long as he starts to rise, there will be several months of continuous increase.
It is not recommended for individuals to easily short him. It's more reliable to go long.
Currently, the upper pressure is around 4.0, and it will definitely break through later. For spot trading, it is suggested to buy in batches at 2.8-2.5.
For bottom-fishing coins, it is suggested to sell in batches during that period, close to the previous highs.

Those holding coins should think carefully, especially regarding altcoins in the secondary market.

There is a high probability that a black swan event will occur in the United States in the second half of the year, which will then trigger massive monetary easing.

This time, the easing will be of a massive scale because small amounts won't save the foreigners.

In my view, May and June are merely the last opportunities to escape the peak.

The volume of Bitcoin's callback this morning was relatively small, while the volume of the rebound was relatively large and sustained, indicating that the selling pressure in the market is relatively weak, while the buying pressure is relatively strong.

After this callback, the probability of Bitcoin falling below the support line has decreased. ​​​

BTC experienced a pullback in the morning but bounced back. Although last week's closing did not stabilize above the $95,000 resistance level, the closing price was above the $89,000 weekly trend line. In this case, in the coming weeks, Bitcoin will continue to challenge the $95,000 and $100,000 resistance levels as long as it does not break below $89,000. It is still believed that the probability of approaching $100,000 will be relatively high, so the main strategy is to buy on dips.

I haven't checked the price for a few days and it has reached 3.58. Previously, most of the time playing this was profitable, so I looked at the pattern and there are signs of a stop loss, so it's okay to buy more at the current price. Be sure to leave room for additional purchases, first enter the initial position, because the overall market price is relatively high and there may be a small level of correction that could bring the price down.

But there won't be a significant correction, so just leave room for additional purchases. The cost-effectiveness is also quite high, and this was one of the strong coins before, so take a chance.

Even over 1000 ETH and more than 0.1 doge, no one is buying them

And those mainstream coins with very low market value that are about to pass ETF are also not being bought

Everyone has lost faith, and there's no vision left

After being cut by new coins for several years, I'm really scared

There are almost no new coins that have successfully emerged

All technology has turned into nonsense

Those at the top of the crypto world never think about building

But rather desperately harvesting

Actually, it's quite good; the difficulty of bad coins driving out good coins has increased

Squeezing out the bubbles, completely demystifying authority, and good markets should come, right?

Fund Analysis > K-Line > Technical Analysis, it's okay if you don't understand, just know that mocking others is ignorance.

Look less at news, look less at macroeconomic issues, look less at news, and analyze the behavior of the main players more. Everything is the action of the big players.

The most interesting thing in this cycle: MEME was completely deconstructed by meme coins dressed in 'meme'.

Originally, MEME was a deconstruction, rebellion, and satire of traditional projects, possessing non-mainstream energy. It requires cultural accumulation and large-scale community resonance, with a 'unique' temperament.

In fact, true MEMEs are rarer than good projects.

But what's interesting in this cycle is that the 'meme' pouring in like a locust swarm directly dismantled the meaning of MEME. In the end, it completed the process of the deconstructor itself being deconstructed. The extreme PvP drives the occurrence of novel things, which is the most interesting and bizarre thing in this cycle.

BTC has risen so much, but the rate bull still shows no signs, and the vast majority of contracts are even mostly negative rates.

So will the bull return? I think it's quite difficult, as even the stablecoin funds for arbitrage cannot achieve ideal yields.

X mentioned before that he sees the stablecoin supply growing and believes the bull won't die, betting on the bull-bear struggle. To be honest, I've been observing this indicator too. As a result, the bull-bear bets encountered a significant drawdown.

What is the outcome of the review?

The proportion of funds from stablecoin issuance and the existing stock has notably increased the weight of Smartmoney, who won't withdraw but also won't gamble; they will implement quantitative strategies, engage in Defi for stable income, and exploit rates.

The proportion of speculative money and foolish money is decreasing, increasingly concentrated in the hands of PRO players and institutions.

Looking at the continuously increasing balance of stablecoins, it seems no longer suitable to judge bull and bear markets.

Thus, the leverage rate bull also seems very hard to see, so it's better to be cautiously bearish.

Neiro analysis is here. First of all, the trend is in a downtrend. Although there has been a short-term rebound, it is only a rebound and has not reversed. From the chart, we can see that every time there is a pullback, it gets pushed down again, and this has happened several times in a row.

Currently, this rebound is stronger than the previous ones, with the low point nearly doubling. The previous ones were around 50%, so the popularity of this coin is quite good. It’s fine to buy some spot and ride a wave.

For small levels, it’s not advisable to enter. It’s recommended to wait for a pullback. The indicators have been showing a continuous high-level dead cross, so there might be a correction. The support level is around 0.0002u, and the resistance line is at 0.0003u, based on 4-hour level analysis.

Sometimes it really feels contradictory,
Watching the market remain still, feeling anxious, wanting to escape.
Once it starts to rise, I regret not having held on a bit more.
The crypto world is like this; only those who can endure have the chance to see results.

To all the partners who hold on to the secondary market, may you all achieve great results.