Today's profit +37u. I shouldn't have gone long on ETH, five consecutive losses when I did 😂 otherwise today would have been +100u. ETH is more suitable for shorting, my current win rate for shorts is probably over 70%. This morning I withdrew 2000 yuan, and I currently have 93u in my account, managed to put together a 666.66 to wish for smooth sailing in the future.
$ETH is invincible, just said that the support is very strong, and then the support disappeared, but it was right to wait and see, making fewer moves to protect the principal
Let me explain my thought process for this operation, the time and position of opening the orders are marked in the chart. First, during the previous rising phase, there was a bearish candle. The reason I didn't try to short there is that the rise was all solid candles (no wicks), indicating that the upward movement faced no resistance. Suddenly, support disappeared, and a small bearish candle with very low trading volume appeared, which I interpreted as a potential trap for shorts or a way to shake off retail traders holding high leverage long positions. At this point, I cannot short, but I also do not recommend going long (in fact, it could be judged that there is a high possibility of a subsequent upward spike). First order: I noticed that when the spot price surged to 2518.5, it fell back to 2518.0 within one second, and a large number of limit sell orders appeared. I believed there was pressure at this moment, but I was unsure if it would break through, so I only opened a 5u short position. Second and third orders: There was a large limit buy order maintaining the price at 2517.95. I observed that when BTC started to decline, this limit order was not executed and was quickly withdrawn, dropping to 2516.5. In the first five minutes, the contract open interest decreased, and the long/short ratio of large traders dropped. I believed this indicated that they were selling while maintaining the price, so I boldly shorted and opened two short positions at two local highs. Fourth order: The spike needs no further explanation. Both BTC and ETH had significant trading volumes in the spot/contract markets, so I boldly opened a position, with an 80% probability of winning. As for where the spike would occur, I didn't calculate it; I relied on intuition and happened to open right at the highest point. This can be calculated, but it is very complex. The main purpose of the spike is to trigger the stop losses of shorts and to utilize a large number of buy orders for unloading. The previous upward movement accumulated many shorts, which can be analyzed through candlestick patterns and open interest data to determine where shorts might open and increase their positions, as well as to calculate liquidation prices and possible stop loss locations. There should have been a large number of shorts stopping out between 2520 and 2525.
This is merely sharing my own thought process while trading; it is not a systematic scientific method and is for reference only.
I asked the big shots, I withdrew 1000 yuan in the morning and it was frozen after receiving it via Alipay, so I canceled the order. In the afternoon, I withdrew 1000 yuan again using Alipay, and it was frozen again after receiving it. This should not be a problem on the other side; it seems there is an issue with my Alipay. How can I resolve this? It seems that my Alipay is under risk control and freezing for large amounts now.
The event contract has realized a rollover, turning total profits and losses positive in just two days. To be honest, apart from my own experience improving, my luck has been extremely good these past two days. Without further ado, in the end, I lost twice and got anxious, so I directly opened a very large position, almost equivalent to going all in, and then successfully achieved a large amount of consecutive wins, rolling over my investment. My initial capital was only 200 yuan deposited on the afternoon of June 6, and now it has directly multiplied by 11 times.
$ETH ETH around 8 o'clock may fake break through 2500 and possibly reach 2515, after a slight fluctuation period, it will fall back to 2480. If not, forget I said anything.
The left side of $NEIRO is the entry point, with the liquidation price controlled below 3200. The right side continues to wait for a trend reversal signal.
$BTC Financial Associated Press June 6: The number of non-farm jobs in the U.S. increased by 139,000 in May, estimated to increase by 126,000, previous value revised from 177,000 to 147,000. Financial Associated Press June 6: The unemployment rate in the U.S. in May was 4.2%, expected 4.20%, previous value 4.20%. Financial Associated Press June 6: The average hourly wage in the U.S. increased by 0.4% month-on-month in May, expected to rise by 0.3%. The average hourly wage in May increased by 3.9% year-on-year, expected to rise by 3.7%. BlockBeats news, June 6, (New York Times) analysts stated that the employment report reinforced the Federal Reserve's wait-and-see attitude towards further rate cuts. The Federal Reserve can almost be certain to choose not to cut rates again at its meeting later this month (June 18).
I am used to playing short lines; I can't sleep with positions open, so I casually looked at my phone and made some moves. These two trades were really thrilling, Binance, give me my reward! I almost got liquidated, especially that top trade, I thought I was done for, but in the last two seconds it surged and I won.
On the afternoon of #事件合约 , I deposited 200 yuan into the account. In just half a day, the account has tripled using event contracts. The genius trader is back! The market sense is back, this month I might be able to double my account.
$PEPE is very bearish, if the trend is wrong, close it quickly and don't look at this coin anymore, this thing goes up and down, getting cut easily, once you get in it can easily lead to an account going to zero.
When I see retail investors buying, I can't help but laugh. During the day, the algorithmic trading is aimed at liquidating high-leverage shorts. Once the shorts are liquidated, who will drive the price up? This wave will definitely drop all the way to 1750, with small rebounds in between that won't change the direction.
If Ethereum cannot hold above 1825 in the next 15 minutes, we must close this pepe position to secure profits; if it holds above 1825, the short-term upward trend is completely confirmed.