Why is it difficult for altcoins to have significant market movements now?
Altcoins are experiencing large-scale unlocks almost every week, leading to significant supply pressure. The new themes for speculation in this bull market are basically exhausted, lacking new stories to drive prices up.
However, there are still localized opportunities in altcoins, such as AAVE, MKR, SOL, XRP, DOGE, LTC, DOT, etc.
The crypto market may soon face a storm, and the reaper is about to arrive, so protect the green pastures over your head 😂😂
Pump rumors about issuing coins: valuation of $4 billion, fully circulated.
Retail investors and institutions may sell BTC, ETH, and other assets to participate, which will again withdraw funds from the market. Remember the listing of Trump coin on January 17, which directly drained the market. Now, multiple capital-raising events are following one after another, regarding the pump coin issuance script, the price rises immediately after listing, attracting retail investors to chase high prices, then a slow decline, and a long-term sideways trend. Sigh, cases of “one wave flow” are not uncommon.
Tonight's non-farm payroll data, everyone must be alert to fluctuations caused by data impacts.
How did Trump manage to bypass the U.S. Congress and arbitrarily impose tariffs globally?
The U.S. Constitution indeed stipulates that all taxing power belongs to Congress, and the president cannot act arbitrarily. However, in order to compensate for the slow decision-making process of Congress, it is also stipulated that Congress must delegate some executive decision-making power to the White House in special circumstances. Trump's major tax campaign has found loopholes in the (National Emergency Act) + (International Emergency Economic Powers Act) provisions. On April 2, Trump first issued a statement saying that the U.S. border was riddled with problems, the energy crisis was imminent, the trade deficit was urgent, and the people across the nation were suffering, officially declaring a national emergency in the U.S. Once the country enters a state of emergency, presidential powers will be infinitely expanded, and the above two laws have relevant clauses that state, 'In a state of emergency, the president has the authority to take control measures regarding any assets with foreign interests.' No one in the U.S. had previously interpreted 'assets with foreign interests' as tariffs; Trump is the first to stand up and interpret it this way.
Why are so many people still playing in the cryptocurrency futures market even after liquidation?
In the cryptocurrency circle, we should be good at summarizing previous mistakes, analyzing operational missteps, and observing the thoughts and techniques of those cryptocurrency experts. This way, we can start stabilizing and turning our accounts into the green. Combining short and medium-term operations is no longer blind quick in-and-out but rather planning well for the account. The combination of short and medium-term is the best compound interest! Let me share some trading discipline and insights, hoping they are useful for everyone! 1. Absolutely do not chase high when buying coins. You must have this mindset: let it rise as much as it wants; treat it as if this coin does not exist. 2. There are only two types of coins: the coins at good buying points are all good coins; otherwise, they are garbage coins. The best-performing coins are those at large-scale buying points. Be patient and wait for the large-scale accumulation of coins to become truly high-performance.
Is there a trading method suitable for everyone in cryptocurrency trading?
The difficulty in making money is not the method, but the execution. 'When the price directly breaks below the 60-day moving average, you must exit completely and not have any lucky thoughts.' Just this one sentence has eliminated 90% of people. In short, in the cryptocurrency market, you cannot be rigid; adaptability is the key to long-term survival in the market. Therefore, we must pay attention to the fact that the overall market and individual coins are completely opposite. Trading cryptocurrencies seems to be a competition with the market, but in reality, it's a battle with human nature. The risks you see may actually be opportunities, and sometimes what you see as an opportunity might just be a tempting trap.
In the cryptocurrency world, newcomers are often cut down every day. How can one firmly establish themselves in the crypto space?
I too have had my moments of success in the crypto world,
At that time, I would say I had firmly established myself in the crypto space. Of course, compared to those big shots in the crypto world, this might just be a drop in the bucket.
Many people say: The longest road I've walked is the tricks of the crypto world. Many enter the crypto space with the attitude of making money, not realizing that in reality, only 10% of people make a profit, while the remaining 90% become pitiful victims. So, how can we become part of that 10% making money? Let's find out.
1. When the price of a cryptocurrency enters a stable upward channel, each pullback is just a temporary stop, which is a good opportunity for us to get in. There are no cryptocurrencies that rise indefinitely; a pullback is like a compressed spring, ready to jump higher. 2. If it enters a confirmed downward channel, any rebound is an opportunity to exit. Once the trend deteriorates, it might take a long time to rise again; don’t resist losses and don’t waste your time. 3. Short-term fluctuations depend on emotions and fundamentals. Over the long term, don’t focus on immediate small gains; the current market sentiment is in place, and the fundamentals determine the length and breadth of the rise. 4. Manually judged bottoms are usually not the bottom but merely halfway down. The true formation of a bottom depends on emotions and capital, so never blindly catch the bottom; often 9 out of 10 times you end up trapped. 5. Don’t overly rely on good news; real market movements play on expectations. Many retail investors like to listen to news to trade cryptocurrencies, but most of what you hear is what others want you to hear. Even if it’s true, you don’t know how many hands it has passed through, and by the time you find out, the market is often about to end. 6. Don’t casually increase leverage; this won’t improve your winning rate. Once you incur losses, the values can be magnified infinitely, so don’t increase your risk yourself.
How to Scale Up Small Capital Trading in the Cryptocurrency Market?
1. Properly manage the funds you have, which is very important. For example, if you have 100,000 USDT, divide it into 5-6 portions, using 20,000 USDT for each trade. 2. Use one portion of capital to buy a coin at the current price. 3. If the coin price drops by 10%, buy another portion. 4. When the coin price rises by 10%, sell a portion. 5. Repeat the above steps until all funds are used up or all coins are sold. Under this strategy, once you buy, you need not worry even if the coin price drops because we will continue buying as the price declines. In fact, if all five portions of capital are used up, the coin price has already dropped by nearly 50%. Unless there is a massive market crash, the price will not fall that quickly. From a profit perspective, each sale can bring a 10% profit.
In the stage of trading losses, how to achieve reconciliation with oneself?
There are many ways to trade cryptocurrencies, but not all methods can be learned. We all hope to achieve good gains with the simplest methods, while friends in the crypto market are not unable to choose good coins, but rather overthink it! So how to maintain a stable mindset in a loss state?
Phase losses are something every trader often faces. Sometimes it's due to unfavorable market conditions, and once the mindset has a significant fluctuation, the execution phase collapses, leading to major problems. At its root, it is merely the neglect of human 'vulnerability,' believing that relying on some simple method can ensure consistency, thinking that the logical assumptions can be realized in actual execution.
Stop debating short-term or long-term; perhaps you're just not suited for contracts.
Let me tell a story. When I first started trading contracts, I was heavily in debt, almost ruining my family and contemplating life. But the crypto world is so magical; by chance, I received guidance from a master, diligently studying the technology, spending thousands of days and nights in research and learning! The journey in the crypto world is long. I hope everyone can avoid some detours and reduce tragic occurrences! As someone who has achieved financial freedom, I have continued to create content on Zhihu. In fact, many people do not understand why, after achieving financial freedom and reaching a few small goals, I still want to do these things. I have also asked myself the same question during the process of rediscovering my original intention. On one hand, it's for my dream of being a hero; I dedicate everything to trading, honing exceptional skills without wanting to be unknown or unrecognized!
Why do some people think trading contracts is a dead end?
Any contract carries the risk of liquidation. The horror of contracts lies in the fact that it is not a 50% gambling win/loss on long and short positions but rather has a larger losing side. Moreover, the longer you hold, the larger the losing side becomes. Holding a contract for a month is basically a sure loss, whether you go long or short, you will lose. Once leverage (contract) is opened, time becomes your enemy. The reason is the existence of the liquidation mechanism. Looking back at historical data, you'll find that at most points in time, whether you go long or short, the trend will reach a liquidation point at some moment. In other words, the long-term trend has nothing to do with contract players because you would have been liquidated before reaching that 'long-term.'
Bitcoin is experiencing slow growth, while ETH is starting to strengthen. This rise is somewhat related to the Ethereum staking news around June 1, as trading volume indicates. It might be due to internal news about Ethereum, which has led to a surge in trading volume.
The cryptocurrency market is developing faster than expected and is becoming increasingly competitive. Many areas lack the technical expertise to make significant profits. If one relies solely on trading coins, it requires slow accumulation rather than expecting to get rich overnight. Countless historical examples prove that slowing down is actually speeding up; losses often occur when we are too eager.
BTC: It has started to weaken, and next will be a brief altcoin market, primarily led by meme coins like PEPE. Old AI projects might also be worth considering since they are all at the bottom. As long as the project teams are still around, they will rise, but we need to carefully consider the profit-loss ratio. On-chain activity remains as monotonous as ever.
Beware of the 'Herd Effect'; Traders Need to Have Their Own Thoughts
Any fluctuation in the market can serve as a reason for speculation. Many people like to trace back to the source, which is also why dealers enjoy releasing news. Although it is difficult to discern the truth, the sheep in the 'herd effect' still rush in.
1. What is the herd effect? "Better to be drunk with others than to be sober alone." The phenomenon where a person's behavior is influenced by the behavior of others, leading to a uniform action, is similar to how the leading sheep in a flock dictates the direction, completely ignoring whether there are wolves nearby or if there are better pastures available.
Has anyone really made money in the crypto space this year?
Many people disdainfully say that those who have experienced several cycles in the crypto space and made a lot of money are gamblers and just lucky. Let me share a truth: do not be jealous; those who gain significant wealth in the crypto space and sustain it are not lucky; do not be unconvinced. I won't mention how many traps there were in ancient times; they were certainly much more thrilling than now. Just talking about now, those who have made a lot of money and hold a lot of money have certainly avoided all the following issues regarding their large positions: 1. Open contracts. 2. Bought a large amount of non-Bitcoin assets. 3. Put all coins in the exchange.
I wondered why he was so brave, it turned out to be Ant Warehouse
But being bold is also a good thing, remember not to hesitate in the currency circle
Stop loss when you should stop loss, stop profit when you should stop profit, always hesitate, look at the direction every day and dare not enter the market
Always want to fall back a little and maximize the profit
But opportunities don’t wait for anyone, the market is changing rapidly
If you are still hesitant, why not join hands here
After the U.S. government announced on the 22nd the cancellation of the eligibility of Harvard University for the student and exchange scholar program, prohibiting the school from enrolling international students, current international students must also transfer to continue their studies...
According to foreign media reports, Trump told reporters last Sunday that despite his efforts to promote a ceasefire, Russian President Putin intensified the bombing of Ukrainian cities, which surprised him 'very much.' 'I am unhappy with what Putin is doing. He has killed many people, I don’t know what is wrong with Putin,' Trump said at an airport in New Jersey. 'I have known him for a long time and have always gotten along with him, but he is firing on cities and killing people, and I don’t like it at all.' Trump said: "We are talking, and he is firing rockets at Kyiv and other cities. I don't like it at all. I am very surprised. I am extremely surprised."
Trump's Assault on Harvard: Germany Offers 'Exile Campus' to Harvard, HKUST Extends Olive Branch
The Trump administration's all-out attack on top American universities like Harvard has created unprecedented opportunities for global universities to compete for American research elites. On May 24, media reports indicated that Trump's hardline policies towards top universities like Harvard are sparking a global talent competition. The German Minister of Culture publicly invited Harvard to establish an 'exile campus' in Germany, the Hong Kong University of Science and Technology promised to accept all international students from Harvard, and the EU is investing €500 million to attract American research talent.
Reports indicate that German Federal Minister of Culture Wolfram Weimer has openly extended an olive branch to Harvard.
Step by Step Pressure, Does Trump Want to Abolish Harvard?
The conflict between Trump and elite universities escalates, as Harvard University loses its eligibility to enroll international students. According to Xinhua News Agency, the U.S. government announced on the 22nd that it would revoke Harvard University's eligibility for student and exchange scholar programs, prohibiting the school from enrolling international students. Currently enrolled international students must transfer to continue their studies. According to a statement issued by the U.S. Department of Homeland Security that day, Secretary Mayorkas announced this decision as a warning to all universities and academic institutions nationwide. Harvard University responded that this was 'illegal, retaliatory behavior' that 'could cause serious harm to the Harvard community and our country,' and stated: