Bitcoin bull market years: August of 2013, 2017, and 2021 saw a decline followed by stabilization, with the deepest pullback at the beginning of the month. The first half of August often experiences liquidity exhaustion, which is unfavorable for high β high-risk assets, awaiting seasonal recovery signals in the second half of the month. #比特币 #区块链
💸 Just transferred this wave of profits to the card, the bank SMS notification confirmed a deposit of 780,000. Looking at the transfer record of 80,000 principal from three years ago in my phone, I suddenly feel the need to tell everyone that those who can make money in the crypto world are never just guessing. Over the past few years in the crypto space, I’ve summarized a few iron rules, all learned from hard-earned lessons:
1. Diversifying funds should be like building blocks: 40% invested in major coins like Bitcoin and Ethereum as the foundation, 30% allocated to application coins with practical use cases, and the remaining 30% kept for seizing unexpected opportunities. During the big drop last March, the major coins stabilized the basics, and two application coins even rose against the trend by 50%, thanks to this diversification method.
2. Stop-loss is like stepping on the brakes: If a single coin loses 12%, no matter how reluctant you feel, clear out immediately. There was a brother following me who couldn’t bear to cut losses when his coins fell below the stop-loss line, resulting in a drop from 80,000 to less than 10,000. By the time he realized, he had already lost his chance to recover.
3. Don't crowd in places with many people: When those around you who don't understand crypto start discussing which coin to buy, it's time to prepare to reduce your holdings. In December 2021, even the convenience store owner downstairs was talking about buying Dogecoin. At that time, I saw the RSI indicator exceed 90 and decisively reduced my position by 70%, avoiding a significant drop shortly after.
4. You only need to look at these signals from a technical perspective: - Look at volume to distinguish truth from falsehood: When prices rise, the trading volume must be at least 50% higher than the previous day, otherwise, it's a false rise. For example, the LTC I recommended last week saw trading volume double when it broke through $80; that was a real start, and it rose 42% in five days. - Use Bollinger Bands to find buying and selling points: When the coin price touches the lower band and starts to narrow, it’s a good buying opportunity; when it touches the upper band and the opening widens, it’s time to prepare to sell. Earlier this year, DOGE entered at the lower band and exited at the upper band, earning 80% in 25 days. - Use MACD to judge trends: When the daily MACD crosses above the zero line, the probability of an increase is high; when it crosses below, it’s likely to fall. Last month’s UNI entered based on the golden cross signal above the zero line, achieving a profit of 35% in 10 days.
Last night, I stayed up late to review and selected two coins that met the criteria of 'increased volume + Bollinger Bands narrowing + MACD golden cross.' This combination of signals helped me earn over 2 million on DOT last year. I originally planned to share with just my old fans, but too many people asked, so I'll release 10 more spots.
ETH 3753 short 3677 long! Back and forth making profits, no explanations! The dynamics of ETH in the cryptocurrency world: seize the oscillation opportunities and start your journey to profit. In the alluring and challenging market of cryptocurrencies, Ethereum (ETH) has always been the focus of investors' attention. Recently, ETH has exhibited a unique oscillating pattern, which contains tremendous profit opportunities. Today, let's delve into the ETH market and explore how to cleverly execute trading strategies to 'make profits back and forth'. News: Key forces driving ETH's movement The continuous development of the Ethereum ecosystem has always been a crucial factor supporting its price. Recently, significant progress has been made in Ethereum's Layer 2 scaling solutions. Layer 2 projects like Optimism and Arbitrum are continuously optimizing their performance, attracting a large influx of users and capital. This not only enhances the processing capacity of the Ethereum network but also reduces transaction costs, increasing Ethereum's competitiveness. ETH has been fluctuating within a range from 6 PM to 10 PM yesterday. From a technical analysis perspective, ETH's movement currently exhibits clear oscillating characteristics. Taking the 1-hour chart as an example, we can clearly see that the price fluctuates within a relatively narrow range. The Bollinger Bands indicator shows that ETH's price is oscillating between the upper and lower bands. The middle band of the Bollinger Bands is currently around 3685, serving as an important reference line for price fluctuations in the short term. The upper resistance level is around 3785, while the lower support level is close to 3599. Looking at the MACD indicator, the fast and slow lines are intertwined near the zero axis, indicating that the forces of both bulls and bears are temporarily balanced. However, the alternating appearance of red and green bars suggests that market momentum is constantly changing. Personal opinion: The path to profit in oscillating markets Zhuque predicts that if the price breaks above the range, it will rise to 3753 and then fall back due to insufficient momentum, before rising to 3814 due to incoming buy orders. If it breaks down through the range, it will drop to 3672, then pull back to 3690, and later fall to 3654. If you also want to share in the profits of the cryptocurrency market, feel free to join our discussion group. Here, we will share market dynamics, trading strategies, and investment insights in real-time, helping you navigate the cryptocurrency journey more steadily and further! Let us join hands and welcome the glorious future of the cryptocurrency market together!
Draw an eth line, resistance level around 3760, if it breaks through, it will rise again; if it continues to fall back to around 3640/3680, it may decline slowly. In the evening, watch the situation to prepare for a wave of bottom-fishing or top-fishing.
#ETH Ethereum hasn't pulled back much, while altcoins have generally pulled back by 20%! The market is really too sensitive; Bitcoin hasn't pulled back and is maintaining a high position with a 3-point fluctuation! This indicates that the market's funds have very poor stickiness towards altcoins, leading to a major reshuffle in the market! Ethereum is maintaining a fluctuating pullback, with the first support at 3500+ and a maximum rebound at 3700+; the continuous fluctuation at the first support level can be seen as the market actively cooling down. I still remain bullish on the market. If it pulls back to the major turning point trend line position, feel free to enter the market!
The downward space for Bitcoin remains relatively small; don't panic if it doesn't break 112000! #交易
Although Bitcoin's daily MACD has formed a death cross, in the main upward trend, Bitcoin can briefly converge after the MACD fast and slow lines cross, forming a golden cross and continuing to rise.
Still, be prepared for a drop to 115000. Overall, I remain bullish, 123000 is still just a continuation of the rise. There is still some distance before a overheating correction.