Crypto-荔枝

Today's Major News:

1. Trump confirms that tariff policies will remain unchanged, negative impact has been digested.

2. The United States may reach its first trade agreement this week, which is expected to promote more negotiations.

3. Arizona's Bitcoin Reserve Bill has passed, results will be announced next week, involving $7.8 billion in potential funds.

4. SUI, ENA, OMNI, and OP will see significant unlocks.

5. Numerous AI conferences are scheduled for May and June.

6. MicroStrategy bought $1.4 billion in BTC last week, and the U.S. Bitcoin ETF saw a net inflow of $2.6 billion in one week.

Nine Major Trading Rules:

1. Seize the Best Opportunity of the Day: When trading with small capital, capturing one significant volatility each day is sufficient; avoid frequent operations and long holding periods.

2. Follow the Good News Realization Rule: When encountering major good news, if you haven't sold on that day, you must sell on the next day if it opens high, because good news often leads to a downturn once it has been fully realized.

3. Utilize Event-Driven Strategies: Adjust positions in advance before major holidays, such as reducing or clearing positions. Historically, major events are always accompanied by severe volatility; when direction is unclear, wait for the trend to be confirmed before taking action.

4. Manage Medium to Long-Term Positions Well: Operate with light positions when entering, leaving room for maneuvering, adhere to a prudent principle, and avoid betting heavily on market trends.

5. Master Short-Term Trading Tips: Enter and exit quickly in line with the trend, find precise buy and sell points during major volatility; if the market is calm, choose to observe.

6. Clarify the Rhythm of Fluctuations: After a slow price increase, a gradual decline usually follows; a sharp increase is often accompanied by a sharp decrease.

7. Remember that Stopping Losses Equals Profit: Once you realize the trading direction is wrong, stop the loss immediately; do not hold onto losing positions; preserving capital is key to long-term survival in the market.

8. Use the 15-Minute Strategy: When trading short-term, always look at the 15-minute candlestick chart, using the KDJ indicator to accurately capture buying points.

9. Rely on Mindset for Victory: There are many trading techniques, but mindset is the most crucial. The cryptocurrency market is highly volatile; only by maintaining a stable mindset can one thrive in the market.

In the crypto world, retail investors are not weak; they have infinite possibilities.

Market fluctuations present both challenges and opportunities; one can either consolidate or seize the chance to reach the pinnacle. Falling down is for moving forward more steadily; the true winners are those who are not afraid of storms and persist through setbacks.

Retail investors can dominate the market with patience and wisdom. Fluctuations are the stage, and decisions can change the trajectory. By staying calm, managing risks, and investing rationally, one can go further.

There is no shortcut to "getting rich overnight" in the crypto world; behind retail investors are countless reflections and trial-and-error experiences. Persisting in adversity increases the likelihood of gaining substantial returns in a bull market.

Do not fear market fluctuations; ups and downs are opportunities for honing skills. Retail investors are not afraid of declines, but rather of giving up. They must use wisdom and patience to seize opportunities; those who persist will become winners.

The crypto world emphasizes mentality and action. With belief and patience, rewards will come. Surviving in the market over the long term is the greatest success.

SUI has new developments, and it has currently achieved a +50% increase.

Considering the profit lock, the trailing stop-loss level will be adjusted to around the price level of 3.2.

From the perspective of K-line patterns, there have been consecutive bullish candles recently, along with hammer lines and bottom divergence patterns, which indicates that the buying power is quite strong, and there may be continued upward pressure in the future.

Moreover, the red three soldiers pattern further corroborates the upward trend, and in the short term, it may test the previous resistance level of 95700.

If it cannot effectively break through, there is a high probability of a pullback.

For Bitcoin, one can short at 952 - 955, with a stop loss set at 961, and the target continues to look towards below 930.

April 29 Morning Market Analysis

The current market is in a state of continuous range-bound consolidation, and various indicators show that there is certain upward momentum.

However, since the current price is near previous highs, it faces some resistance, which also means there is a possibility of a pullback.

Overall, the market still exhibits characteristics of strong fluctuations. In terms of operations, it is recommended to choose to go long during price pullbacks.

The lower points of 938 and 943 are relatively ideal positions for building a position.

As for target points, the focus should first be on the 957 level, which has been repeatedly resisted above.

If this position can be effectively broken through, the upper space will be completely opened up, and the price is expected to move towards the 969 and even 994 levels. (GX1)

In this circle, I don't believe in any bull-bear cycle theory anymore.

After all, the dividends are limited. Compared to the past, I feel that we can no longer use the traditional bull and bear concepts to define the market.

In the market, when no one dares to go long, a bull market might just be around the corner; and when no one dares to go short, a bear market might be on the way.

Many situations that didn't appear in the first round often emerge in the second round after everyone loses confidence.

Just like XRP, it was motionless in the previous round, but in the last round, the upward momentum was simply boundless.

This rule also applies to Ethereum and altcoin seasons.

The trading strategy was just updated this morning, and at that time, it was judged that Bitcoin (BTC) would continue to show a rebound trend.

Unexpectedly, the market changed so quickly, soaring above 95,000 in the blink of an eye.

Regarding the current operations, the long positions established in the early morning can now consider taking profits based on the actual situation.

From a short-term perspective, the next focus should be on the resistance situation in the 95,500 - 96,000 area. If the price fails to break through this area, one can continue to attempt to enter short positions, setting the stop loss above 96,000 to control risk.

On the downside, pay close attention to the 93,000 - 93,500 area, as the support situation in this area is also of significant reference for the subsequent market direction.

It is important to know that our true opponent is not the unpredictable market, but the emotions within ourselves.

In the realm of cryptocurrency, what often defeats you is not a lack of technical skill, nor a misjudgment of information, but rather an inability to control your own emotions.

Emotions like greed, fear, anxiety, and regret are like hidden viruses that can quietly damage our judgment.

The market does not intentionally set traps, yet we often fall into difficulties because of our own reactions.

When others panic sell due to the plummeting price of cryptocurrencies, can you calmly analyze

and see the opportunities behind the crisis?

In the crypto world, courage and wisdom coexist, only then can one navigate through the fog

and embrace their own substantial rewards.

Even after experiencing multiple encounters of being "cut like chives", one still refuses to easily give up.

It is important to understand that true "chives" do not simply fall apart when the market ruthlessly "cuts" them; rather, they learn to seize every opportunity for self-growth.

In the special realm of cryptocurrency, growth is inherently a long process of continuous trial and error, constant learning. Each time one encounters being "cut like chives", it is actually laying the groundwork to become a stronger "chive".

This week's market can be said to be the most profitable and least concerning of the year.

If you didn't make any U this week, you should reflect on whether the issue lies with yourself; you can't blame the market for being bad.

Remember that "the market is always right"; think about whether you can become that amazing person or if you've encountered a mentor who can guide you.

In fact, regardless of whether the market is rising or falling, we just need to focus on our own trading, and the account returns will ultimately provide the answers.

Take Bitcoin, for example; it has almost risen by 10,000 points. Ethereum has performed relatively weaker, but it has still increased by about 20% from the bottom.

Altcoins have been even more impressive, with benefits from loyal followers being quite substantial.

Moreover, the overall trend of altcoins in the market is quite strong, with many rising about twice from the bottom. Popular coins frequently mentioned recently, like memefi, turbo, and trump, are all examples of this.

It is important to know that a rebound and a reversal are different:
1. This year, the overall market is not very optimistic, and it is difficult to see a frenzied bull market, but a phase-based rebound is still possible.

2. The vast majority (about 90%) of altcoins are unlikely to reach the highs of early 2024 again, as there are many trapped positions above.

3. In the future, retail investors will find it increasingly difficult, and the number of professional traders will continue to grow. If one does not keep up with the times and update their trading knowledge, losses will only become more severe.

Market Overview
- BTC adjustment, altcoins broadly decline, but the crypto market saw a net inflow of 9 billion USD in the past week, while US stocks experienced a volatile rebound.

Market Highlights
- Project Updates: BN will launch ethsign, a project invested by BN labs, which is a decentralized electronic protocol signing platform that can be used for notarization.

- Public Chain Unlocking and Ecological Development: The public chain Sui unlocked 270 million USD this week, and its ecological project wal reached a new high; it is permanent storage.

BN Alpha will airdrop the staking protocol haedal on Sui.

- Meme Coin Performance: The meme coin house surged significantly, with a market cap of nearly 100 million USD, as whales like ansem and him bought in and promoted it.

In this round, on-chain AI coins generally performed worse than conspiracy group coins.

We all look forward to a bull market
We all love a bull market
The market begins to ferment
Bulls continuously mock the bears
The profit effect gradually ignites
The once crazy bull market
Is now in front of you
Brothers seize the opportunity

ETH has a relatively obvious potential support level around the 1685 area. It is considered potential because there has not yet been a pullback and rebound.

You can set a price alert here, and if there are signs of a rebound later, you can take appropriate action; if there is no rebound, you can simply skip it.

Two Pancake Short-Term Trend Analysis: Beware of Volume-Price Divergence
From the 4-hour cycle perspective, although a MACD golden cross pattern has appeared, trading volume is continuously shrinking, and there are consecutive bearish candles, which indicates a risk of a pullback in the short term.

In terms of technical indicators, the RSI is in the neutral zone at 45, with EMA7 serving as intraday support, while EMA30 and EMA120 are providing resistance above, resulting in an overall weak short-term trend structure.

The operational strategy is as follows:
Short Position: You can choose to enter the market in the 1845 - 1810 range, with a stop loss set above 1880, targeting the 1780 - 1735 range.

Long Position: Layout long positions in the 1720 - 1750 range, with a stop loss set below 1680, targeting the 1800 - 1840 range.

The trading volume on the 4-hour level for SOL is insufficient, making it difficult to establish an independent market in the short term; it is more likely to follow the fluctuations of the broader market.

The sell orders at the upper level of 155 have been executed, and this position poses significant resistance.

If the broader market leads it downward, first pay attention to the support strength at 143. Once it breaks below, it may fall to around 135 to seek support.

However, from a medium to long-term perspective, I remain relatively optimistic. Once the pullback is in place, there is a chance to challenge the previous high of 178. Holding onto the spot is not a major issue.

In times of high market heat, tranquility is even more necessary, ignoring the 'dog dealer' tricks.

Bitcoin has broken through the 20,000 mark. Although it has retraced, the trend remains strong, and the main forces may push it up to 100,000 to squeeze out the shorts before starting deep adjustments.

Altcoins still have about 10% fluctuation space, with plans to wait for their heat to dissipate before buying on dips.

Trading adheres to three main principles: do not follow the trend to chase highs, do not operate with a full position while waiting, and avoid panic selling at low points.

The current market has a high risk of a market crash. If this week closes with a bullish candle to stabilize emotions, next week’s opening may present a 'slaughtering pig' scenario, which is worth paying close attention to.

On April 26th, according to NBC's report on April 25th, the U.S. government's increased tariffs have significantly raised tariff costs, causing many American companies to cancel orders.

Data from the "Port Optimization System" website indicates that as of May 10th, the number of cargo ships scheduled to arrive at the Port of Los Angeles on the U.S. West Coast has decreased by 33% compared to the same period last year.

Additionally, the National Retail Federation predicts that if tariffs remain at current levels, U.S. imports in the second half of the year are expected to decline by 20%.