春风皆过客

Do you know why it took off?

Tether Treasury has newly minted 1 billion USDT on the Ethereum chain.

I didn't see this news; it turns out they issued another 1 billion. I feel like I've missed out on a few hundred million. 😭

I haven't watched the market for a while, why has it taken off again? Is Ethereum trying to recover its highs and lows?

The whales are swinging back and forth, going up and down, down and up, all kinds of false breakouts and false breakdowns.

It has been half a month since the public trading started, and I have currently made a profit of over 4,000 USD. I am quite satisfied with this profit. 10,000, 50,000, 100,000, 1,000,000, tackling it step by step, executing at my own pace.

Recording how far I can go.

Keep it up.

Waking up, this market is really exciting, it feels like just a couple of days ago it was about to hit a historical high, and today it's the 4000 defense battle.

This market keeps rising when it says it will rise, and keeps falling when it says it will fall.

At this position, it's likely to fluctuate during the day, and by the afternoon or evening, it might break below 4000. If it drops to this level, it would be hard to justify not piercing down a bit.

The market reverses very quickly; looking at the current trend, the main theme in the future will likely be rebounds followed by declines.

Trading Review: I made over 200 U today, and I have already exited all positions, but the process was quite twisted.

After finishing the weekly close early this morning, the market fell all the way down. I tried to catch the bottom, but I ended up halfway up the mountain, with no rebounds in between. I started with Ethereum, but it kept falling. The first rebound hit the take-profit level, but there were no transactions, and it fell again. Finally, the rebound closed my position, but the price pulled up by several points, which was indeed a bit frustrating.

Because there was a decline during the day with almost no rebounds, I felt something big was going to happen. Under normal circumstances, a sharp drop in a bull market would quickly recover, but with the current opening of the US stock market, let’s see how it performs overnight. If it can’t recover, then there might be some issues because the bears were indeed strong today. If it can’t recover, I estimate that we will have to short during the rebounds in the future.

All my trading data is public and can be viewed. Just search for my name to follow my trades. Lastly, I want to add that if you want to follow my trades, it’s best to invest amounts over 100 U, as 10 U is indeed difficult to manage because sometimes I will open large positions in Bitcoin and Ethereum, which will fill up the margin directly.

Keep it up, the market fluctuates greatly every day. Only with fluctuations can one make money, whether it’s a bull market, bear market, or monkey market, as long as one can make money, it’s a bull market for oneself.

Trade Review: The orders I opened today have finally been closed. Among them, I placed a BID order that almost got buried, but I managed to break even. At the time, I thought this coin was quite strong and had some hype around it, and it also broke out, moving strongly in small steps over a 15-minute timeframe, but as soon as I entered, it plummeted.

The bull market is still ongoing, so we can't easily short; we can only go long. Additionally, playing altcoins for long positions is indeed more profitable than shorting, but chasing long positions can easily lead to trouble, as many coins tend to pump and dump.

I am looking for some coins that have relative hype and also some technical background; this is my choice for playing altcoins.

When I was caught in a position, I studied a bit more carefully and recommend a few: Sol, Zora, Link. These three have been performing well recently, and even if they drop, they will likely bounce back quickly.

Tomorrow we will close the weekly candles, and I will open new positions after that. Good night.

After spending an hour scrolling through the Binance Square, it really is quite lively. Sometimes I feel that looking at the posts in the square is more fun than scrolling through certain apps.

First of all, I want to give a thumbs up to the officials; the square is indeed much better than before.

As an old retail investor in the crypto space, I haven’t achieved financial freedom after all these years. Many posts in the square talk about tens of millions of USDT, helping fans turn 2000 USDT into 50,000 USDT within a month, which is a common situation. It’s a bit embarrassing for someone like me to share this; it lowers the perceived value for the big shots.

I started getting into crypto during college, introduced by a friend back in 2017, using Huobi, which old investors should know about. At that time, BTC was around 8000 USDT; I didn’t buy BTC then but bought EOS instead, which was over ten USDT at that time. EOS was very popular back then; I believed in the hype of the waves and ended up with over a hundred.

Later, I experienced a bull market and also the Luna crash, and that was when I first discovered that a coin worth over 100 USDT could drop to 1 and not stop there; it could even drop to 0.0000.

I won’t say much more; in short, too many words lead to tears. I think most old investors feel the same way.

As an old investor, here are some suggestions for beginners or newcomers, focusing mainly on the square today.

When looking at the square, first, you need to stick to one choice: what mindset you have when looking at the square. For me, it’s just for fun.

The square is a mixed bag, so you need to have some basic discernment skills.

If there’s no actual trading, just assume it’s fake. Of course, some of it may be real, but handling it this way is the most effective and convenient method. Actual trading data can be from coin exchanges or the functions provided by Binance for sharing trades; I need data that I can see myself, not just a screenshot.

Don’t let the sharing data in the square affect you; what others do is their business. There are big players and experts from whom you can learn trading strategies. No matter how much others earn, it has nothing to do with you. If you earn 1 USDT, that’s truly yours.

Let’s start with these two aspects; saying too much might get me attacked by others.

What do you think when you see this? 😂

This market is really exciting, with Ethereum approaching a historical new high, it directly cascaded down, and during the waterfall, the candlestick chart got stuck.

During the waterfall, I took a few long positions and have successfully exited; I made about 1000 USDT today, which I am quite satisfied with.

Although it cascaded down, my view remains that as long as Ethereum hasn't reached its historical new high, I will primarily take long positions, and after breaking the new high, I will mainly go short.

Actually, clearing some leverage is quite good; otherwise, the burden is too heavy.

All the trading data can be seen in the order, I am not a master who earns forever; if I miss a market opportunity or a big profit, I will also slap my thigh in frustration.

Mainly recording for myself, to see how far I can go as an experienced player in the crypto world.

Keep it up, let's encourage each other.

Today I made two trades and earned over a hundred U, which were chasing highs, so I didn't dare to be greedy.

I made a long position on ADA. The reason for choosing this coin is that it tends to have a surge during the later stages of a bull market, so I chose to trade this coin $ADA

Today, I withdrew 1000u and put it into investment.

The principal of 5000u has earned 2000u in the past few days, and I regularly withdraw a portion of the profits.

I put u into the trading account and then started trading; this kind of open real trading really tests oneself, and I hope to have a significant breakthrough.

Currently, Ethereum has reached a price of 4600 to 4700, just a step away from breaking the historical high. The closer we get to this point, the more cautious we need to be; we can't get too excited.

To be honest, technical indicators are not very useful right now. This time, Ethereum has been pulling up like this, similar to the previous Bitcoin; most people didn't expect it. After several years of softness, Ethereum's hardening is quite frightening. $ETH