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$BTC The unpleasant truth about 90% of market participants.
Often, people who have been in the market for years go in circles. They lose, re-enter, reassure themselves that everyone started this way.
They move the stop to avoid being stopped out, but then they don't set it at all, resulting in a loss of capital.
And then there’s the 'uncle' from another channel saying to buy, so it must be a good idea.
But those who earn in any market are the ones who start to study the topic more deeply. They analyze what worked, take notes, stop trading haphazardly, and don’t seek emotions.
🧠 There are successful examples that prove you can gain a wealth of knowledge for successful trading in just 2 months.
Often, people who have been in the market for years just go in circles. They sell off, re-enter, reassure themselves that everyone starts this way.
They move the stop to avoid being taken out, and then they eventually don’t set it at all, resulting in a loss of their deposit.
And then there’s the "uncle" from another channel who said to buy, so it must be a good idea.
But those who earn in any market are the ones who start to study the topic more deeply. They analyze what worked, document it, stop trading randomly, and don’t chase emotions.
🧠 There are successful examples that prove that in 2 months, one can acquire the knowledge needed for successful trading.
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Here comes the market crashing down, I mentioned this yesterday when it broke 107000!
Last night, news came out that Israel attacked Iran, and all altcoins plummeted an additional 10% (down 20% in a day).
#ETH dropped to 2500 at -11%.
SP500 fell by 1.8%.
A new war should strengthen the dollar, and it will rise against all currencies!💸
Yesterday I moved my stop to break-even and exited at zero on BTC! I knew there would be a drop, but I decided to wait until morning; in the end, I missed the movement, but I also didn’t end up in the red! News has a very strong impact!
Now the target for the drop is from 106000 to 97000, and if there is a test of the level, I will try to short!
ETH, due to the rise in dominance, has fallen by 11%, and if this continues, it will close the gap at 1750! But this is in question! We don't know for sure!
It’s possible that these events will trigger a strong drop that we have been discussing for 2 weeks!
The Federal Police Department of Germany has confirmed that it sold more than 50,000 seized bitcoins at an average price of $54,000. The sales occurred between June 1 and June 10.
If the government had held the coins until today, their value would have exceeded $6.5 billion. Critics have called this decision "financial negligence."
Currently, less than 3,000 bitcoins are stored in Germany's official wallets.
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#TrumpTariffs It's amazing that it didn't reach 112000 and didn't remove the liquidity block!
If it breaks through, we get a scenario like in January: a drop of 10-12%!
Everything depends on the level of 108500!
🇺🇸 The US Senate has given the green light to the stablecoin law (GENIUS Act) — authorities are rushing to take control of digital dollars before banks and crypto get ahead.
This is a globally significant positive, but such an event could shake the market strongly!!!
There are very interesting events ahead, we can say history is being made…
$BTC It's amazing that it didn't reach 112000 and didn't remove the liquidity block!
If it breaks through, we get a scenario like in January: a drop of 10-12%!
Everything depends on the level of 108500!
🇺🇸 The US Senate has given the green light to the stablecoin legislation (GENIUS Act) — authorities are rushing to take control of digital dollars before banks and crypto get ahead.
This is a globally significant positive, but before such an event, the market could be shaken significantly!!!
Very interesting events are ahead; one could say, history is being made…
🤑 BTC is standing still, and I think today we will close the target at 112–113k and then start to reverse! We see on the map that the liquidation zone is large!
Dominance is at support, there is a risk of growth today!
Alts are red, -2–3%! 🩸
🤑 ETH is strong and continues to grow quietly, waiting for $3400!
The greed index is 72, which is high!
I believe that major positions should be taken at the level of 95000–92000! And right now these are the highest levels for BTC!
#BTC is standing still, and I think today we will close the target at 112–113 thousand and then start the reversal! We see on the map that the liquidation zone is large!
Dominance at support, there is a risk of growth today!
Alts are red, -2–3%! 🩸
#ETH is strong and continues to grow quietly, we are waiting for $3400!
The greed index is 72, which is high!
I believe that the main positions should be taken at the level of 95000–92000! And right now these are the highest levels for BTC!
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#BTC is trying to go for a correction, and there is a lot of liquidity below!
But the impulse at 113000 must be considered too!
#ETH is very strong, and it should be held until $4000, the asset's potential is 50% for the summer!
Dominance is a very big threat to the altcoin market, today they got a rise, but this could be a trap before a crash, as there is no reversal of dominance!
Bitcoin will drop as hard as no one expects, you'll just see it...
Trump's fund bought BTC for 23 million today - a fund created to trap people, like advertising!
The law on the legalization of stablecoins might be introduced as early as tomorrow, on Wednesday! I don't know how realistic it is, they are somehow spontaneous! Maybe a scam...
There is a suggestion that this is why there was a sharp rise...
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Continuing the weekly analysis — understanding the market is important, but not enough if you want to earn.
No knowledge or trading strategy will help you earn if you do not strictly follow the rules and discipline.
⚠️ STEP 4/5. How to follow your own rules in trading?
First, let’s establish: you can always open a trade, the market provides opportunities if you understand what you are looking for:
what is the global and local trend?
what are the strong support and resistance levels?
what is the current dynamics of the US market?
is BTC dominance falling or rising?
And another 5 points just for entering a trade, plus risk management, exit from a trade, working with emotions — I will discuss this in a larger video.
I look at all this when entering a trade. Even if you feel “lazy,” if “everything seems to be rising,” if “a big investor is shorting.”
And if at least 3 points do not match — I do not enter.
In 6 years and all market cycles, this has saved me several thousand, if not hundreds of thousands of dollars)))
Do you have such rules? Would you like me to show you how the absence of rules leads you to losses of 30-50% and how to avoid this in your trading.
GM GM, great start to the week, Bitcoin is rising, and so is the entire alt market. There will be a lot of work this week, so get ready. There are all the prerequisites to see good growth in altcoins soon 🆙