This experience of participating in Bitcoin contracts has given me a lot of emotion.
At first, I was attracted by the huge volatility and potential returns of Bitcoin and entered the field of contracts. However, I soon realized that this is by no means an easy road.
The ever-changing market is overwhelming, and the sharp fluctuations in prices bring both opportunities and huge risks. Every decision is like walking on the edge of a cliff, and a little carelessness may lead to serious losses.
In this process, I deeply understand the importance of risk management. It is crucial not to be blinded by greed, and it is crucial to set stop loss and take profit points reasonably. At the same time, it is key to remain calm and rational, and not to be swayed by emotions and make blind and impulsive transactions.
In-depth research and analysis of the market is also essential. To understand the impact of various factors on Bitcoin prices, pay attention to the macroeconomic environment, policies and regulations, and technological development.
Patience is also indispensable. Wait for the right time to enter the market, rather than rushing for success.
However, the uncertainty of Bitcoin contracts always exists, and no matter how experienced you are, you cannot completely avoid risks. This also makes me understand that investment needs to be cautious and always keep awe of the market.
In short, Bitcoin contracts are a field full of challenges and opportunities. Only by constantly learning, summarizing experience, and treating it with a cautious and rational attitude can we better survive and develop in it.
There have been many good news recently. The Bank of Canada recently announced a 25 basis point interest rate cut. Following the interest rate cuts in Japan and Canada, the European Central Bank will announce a theoretical resolution today. The market expects a rate cut. After the EU cuts interest rates, the next one is the United States. Combined with the Fed's dot plot and previous talks, the United States will implement 1 to 2 interest rate cuts this year, which are expected to start in September and after September. This is a major positive for Bitcoin, which can attract some funds to flow into the currency circle and help Bitcoin move to a higher position!
At present, it is certain that the United States will cut interest rates. Combined with the bull market cycle of halving the big cake, it is key to invest in every decline. Every decline in the bull market is giving money away. Of course, it is very anti-human, because when it falls, most people are running away, eager to get off the bus, and regard cutting meat as a stop loss. Then there is a trick. No matter how bloody the decline in the bull market is, it is temporary and will come back. How it falls back will rise back, and then the new high, fall back, sideways, rebound, and then the new high will come in this order. Every callback is an opportunity!
From the current market, the overall pattern of the small cycle is still strong, and the space below is obviously small. The hourly line shows that the bottom 70000 forms a strong support level. From the current market, the bulls are still increasing their volume, and there is support at the bottom. It is obvious that our idea in the morning is to do more around the low position.
Bitcoin 70500-70300 directly long, the target is around 71500.
Today's overall market fluctuations are not big, but the trend is still rising. It takes time to stop profit on long positions. Just be patient and take many orders. The market will always rise. #bnb历史新高 #山寨季何时到来? #5月非农数据即将公布 $BTC $ETH $BNB
After climbing all the way to 71,000 in the early stage, Bitcoin was under pressure and then entered a consolidation period. The overall price was around 70,500-71,500 during the day. Then the price rose to 71,800 in the evening. The current trend is still relatively strong, and a new round of rising is emerging again.
The current daily structure is also what we call bottoming out and rebounding. The price of the currency has risen strongly with three consecutive real positive lines. There is no doubt that the bulls will continue. At the same time, the 4-hour chart is dominated by positive K upwards, and the negative line retracement is relatively weak. The short-term trend has turned into an upward structure again, so under this structure, the retracement is an opportunity to follow more.
Operation suggestions:
Big cake: 70500-70800 long, watch 72000-72500, guard 70300;
Tips for currency market operation: I usually choose to place orders in batches near the support level, because the contract market has inertia. In extreme cases, some technical analysts will stop loss and close positions when they fall below a certain position, which will cause a sell-off, so the support level will be broken. When closing positions with profit: I will also choose to place orders near the resistance level to close positions in batches.
Place a short order near the high point of the extreme resistance level and a long order at the low point. If the currency market fluctuates greatly when you sleep in the middle of the night, there may be a needle-pulling or sell-off, then this extreme order can be executed, and maybe both directions can be executed when you wake up. Once I placed an order in this way and made money. Then keep the order that determines the direction, and close the order in the other direction.
It is easy to suffer losses: it is the operation mode of rushing to chase the rise and rushing to kill and chase the short. Many novices with a bad mentality stop loss or open a reverse hand in this situation.
Novices must start with low leverage. Slowly improve your skills, make more profits, and have a thicker safety cushion, then slowly increase your positions
and the number of orders, don't be too anxious and greedy, contract trading is the winning rule for a long time, a long-term plan! #山寨季何时到来? #MegadropLista #现货以太坊ETF获美SEC批准 $BTC $ETH $BNB
The next focus of the Bitcoin market is tonight's US ADP employment data. If the data brings good news again, it may trigger another rise in Bitcoin. The US GDP growth rate is lower than expected. Now that it has entered June, the European Central Bank is ready to start cutting interest rates, and the timing of the Fed's rate cut is also attracting attention. This week's poor performance of the manufacturing index shows that the US economic situation is not ideal, coupled with the cooling of the labor market and the downward revision of GDP in the first quarter, these factors are good news for Bitcoin. When the economic situation is not good, the possibility of the Fed cutting interest rates in advance increases, and the expectation of a rate cut in September has been raised. I have always believed that the Fed started to cut interest rates with a high probability because the economic situation is not good, and cutting interest rates will help restore the economy. At present, data from all aspects point to this. Before the Fed officially starts to cut interest rates, the market may be turbulent in the short term. But once the Fed officially cuts interest rates in September, liquidity will be released, and the market may usher in a good market, especially until the US election in mid-November. $BTC $ETH $BNB #山寨季何时到来? #5月非农数据即将公布 #MegadropLista
Today, my aunt reached the highest level near 3839, and then continued to return. Fall, the current position is near 3800. Big cake is a great breakthrough in the morning 71000 line, the highest level reached 71430, the current position is Sorting around 70900.
But my aunt still hasn’t gotten over it yet The curse of the 3850-3700 range, the short-term technical aspect It seems that Kongtou will continue. It is recommended to focus on low level Make a basket.
If you don't chase, you will never have it. If you don't move forward, you will stay where you are forever! #5月非农数据即将公布 #泰国批准首个比特币现货ETF #BTC走势分析 $BTC $ETH $BNB
The Bitcoin price surpassed the $71,000 mark today, reaching a peak of $71,083. The digital currency is now aiming to stabilize above the $70,000 threshold, which is a key support level for further upward momentum. Analysts at QCP have shared their latest market forecasts, which could have a significant impact on how investors fare in this volatile situation. Here are the detailed insights. Content Hide1 The Current State of Cryptocurrency2 Market Insights from QCP Analysts3 Key Takeaways for Investors The current state of cryptocurrency The latest JOLTS data spurred a sharp rise in Bitcoin prices. Although the price climbed to $71,083, it retreated slightly to $70,370, sparking speculation of a retest of the $69,300 level based on the 15-minute chart pattern. Ether (ETH) is trading below $3,800, while many altcoins are showing positive trends. Visit COINTURK FINANCE for the latest financial and business news.
Never do something just because the price is low or do something because the price is high. Only by following the trend can you succeed. Never add more money to a losing order, and never lose patience with the market. There must be a proper reason before making any transaction. Remember, the market is always right.
The pie has strongly exceeded the 70,000 mark and has stabilized so far. The daily line of the big pie has closed positive again. It can be said that it is four consecutive positives at present, and Duotou is still relatively strong. This time the stretch broke through the recent parallel high and then retreated directly. The four-hour level is also a bloody upward layout. In the morning, low levels can be the main focus. Catch a continuation of Duotou.
The big pie is 70500-70200, and the attention is 71800
In the past two years, the correlation between Bitcoin and US stocks has become smaller and smaller, especially in the banking sector, which is almost negatively correlated. For example, last year a series of banks in the United States collapsed. In order to avoid risks, many institutions and retail investors bought Bitcoin, gold and other safe-haven assets to hedge. Therefore, as long as a large number of banks in the United States collapsed, it would be good for Bitcoin.#链游板块普涨 #5月非农数据即将公布 #StartInvestingInCrypto #Velocore漏洞事件 #新币挖矿
The price of Bitcoin rose to around 70,300 last night, and then quickly retreated to 1,600 points. At present, Bitcoin has failed to stabilize after several attempts to rise, but retreated, which shows that the pressure from above is strong. In the future, we can just focus on the rebound! Today's suggestion: Bitcoin rebounds around 69,100-69,300, and sees around 68,300-67,800. It rebounds around 3,780-3,800, and less around 3,730-3,700. 4,47,6300,732,117,900,419,98,709,00,6415,426,97,2110,255,418,642,51,2019
The pancake broke through the upper track, and the upward trend is obvious. It is expected to break through 70,000. The target can be as high as 71,000. The bulls are very strong. Keep going. $BTC $ETH $BNB #BTC走势分析 #5月非农数据即将公布 #StartInvestingInCrypto