Who is being tested in this trial field, whose clamp is it, and who was given the helmet? In a sense, the Jinrong trial field is actually a transfer of wealth. But we need to think about a question: where has the wealth transferred to? It has transferred to those with higher cognition. I have repeatedly emphasized that cognition is more important than technology. So let me tell you, whose clamp is being tested in this trial field? It is the clamp of Zhishun, it is the clamp of panic. I will give a simple example: for instance, in a wave of rising market, it can increase by 20 dollars, but when you give it to some beginners, they might also buy on the rise, but when it goes up by one or two dollars, they can’t hold on and run away. Then they start to think, has it already peaked, when should I take action? For a mature trader, space is the top priority; all trading relies on the space of entry, if there is no space, they simply will not enter. But for those whose cognition does not reach that level, they think that a one dollar space is already very large. Is this a true reflection of you?
Finally, Monday has arrived. In the early hours, Bitcoin and Ethereum have both surged significantly, with Bitcoin breaking through 86,000 and Ethereum standing above 2,000. Yesterday morning, we adjusted our strategy temporarily and entered long positions, avoiding losses. Let's first take a look at the weekly situation. The candlestick chart shows two consecutive bullish candles above the MA30. The mid-term resistance is around 89,000, while the long-term moving averages still maintain a bullish arrangement. We remain bullish on the mid to long term. On the daily level, the coin price is above the MA30 and in a relatively strong position, but is under pressure from the MA180, with strong support around 80,400. The MACD bullish momentum continues to rise, but the strength is relatively weak, showing a divergence pattern. Although there have been multiple rebounds, the rebound strength is insufficient. For today, we are still looking to short on rebounds and continue to target the next lower point. Short Bitcoin around 86,500-86,000, with targets at 85,200-84,500-84,000. Short Ethereum around 2,020-2,000, with targets at 1,980-1,950-1,920.
Is it difficult to learn about cryptocurrency? If you can understand four aspects, then it is not difficult at all. First, read thousands of books, calm down and study various related knowledge well. Never spend your days trying to gather all sorts of gossip; it's all nonsense. Second, travel thousands of miles; you need to practice. Like me, after working in the industry for over a decade, I still maintain the habit of dealing with different Z accounts every day, large and small, because this is how you build your trading sense. Third, learn from renowned teachers; their guidance is essential. When you reach a certain level, having a renowned teacher can significantly reduce your mistakes. I have a young apprentice who is only 23 years old this year and has been in this industry for three years. He started off completely confused, but slowly his habits have changed. It’s not an exaggeration to say that he already possesses all the basic qualities to become a competent trader. Fourth, meet countless people; you need to be familiar with various scenarios and different types of people. In a group of three, there must be a teacher for me. So, if you can calm down and slowly experience and practice these four points, understanding cryptocurrency is not that difficult.
Everyone must have heard a saying: plan your trades, and trade your plans. This saying is a treasure trove in trading, a very precious statement. If you don't understand this, then you certainly won't succeed in trading. Before you make a trade, you need to assess its space and time before you enter the market. If the market is very flat, like a slight fluctuation that might only be five dollars, can you still make a move after deducting the spread and transaction fees? You might just end up losing. When you make a trade, there must be space and time, and then you can assess your position before proceeding with the trade. All of this should be planned in advance. But if you've planned it out, does that guarantee a win? Not necessarily. You must strictly execute your plan because a plan includes entry and exit points, as well as position sizing. Do you understand? Many people fail precisely because they have no plan at all, and even if they do have a plan, they do not follow it.
The weekend is still as sluggish as ever. There hasn't been much change in the weekly and daily chart patterns, and the bears still hold the dominant position. Yesterday, we suggested a short position, and this morning, Bitcoin reached around 84330, while Ethereum also reached around 2000. Both are not far from the entry points we suggested yesterday. In the early hours, there was a slight pullback, with Bitcoin hitting a low around 83630, and Ethereum touching around 1973. There is still room for movement, but at this time, most people are asleep, coinciding with the weekend. During the day, we still plan to short on any rebound and continue to look for the next lower target. Bitcoin short around 84500-84300, aggressive traders can short at the current price, targeting 83600-82800-82300. Ethereum short around 2010-1990, aggressive traders can short at the current price, targeting 1970-1940-1880.#ETF关注 #美SEC加密圆桌会议
Brothers, today is Saturday, and the market is not very volatile. Occasionally, there may be slightly larger fluctuations over the weekend; otherwise, we can only engage in small segments. Let's briefly review last week's market. Bitcoin broke through the $85,000 mark strongly on March 20, reaching a recent high with a daily increase of over 3%. However, the market then experienced severe fluctuations, dipping below $83,000 on March 22 but ultimately rebounding and stabilizing around $84,650, with a 24-hour decline narrowing to 1.33%. The price formed short-term support near $83,000, while $85,000 became an important resistance level; after breaking through, the market failed to maintain high levels. Bitcoin faces selling pressure around $85,000, but on-chain data shows that whale addresses are accumulating at lower levels, and exchange stock is decreasing, releasing bullish signals. Short-term bullish factors include the SEC easing regulations, institutional capital inflow, and demand for safe-haven assets; however, caution is needed due to potential volatility caused by the Federal Reserve's policy discrepancies and geopolitical conflicts. If it can stabilize above $85,000, it may challenge $90,000; if it falls below $83,000, it could retrace to the $80,000 support level. Ethereum surged 7% in a single day on March 21, and then on March 22, it broke through the $2,000 mark, with a 24-hour increase of 1.11%. The price fluctuated between $1,880 and $2,070, with support and resistance levels at $1,900 and $2,050, respectively. Whales purchased over 120,000 ETH (approximately $236 million) in three days, indicating increased confidence from institutions in the market's future. The 24-hour trading volume reached $41.5 billion, significantly enhancing market activity. The MACD histogram shows an increase in bullish strength, but reduced trading volume leads to the risk of 'volume-less increases,' necessitating caution against high-level pullbacks. Short-term overbought signals (Williams indicator) and the stability of the support level ($1,900) have become focal points in the market. The expansion of the DeFi and NFT ecosystems and the technical dividends of Ethereum 2.0 remain core driving forces, with long-term prices possibly driven by increasing institutional holdings. Short position near 84,600 for Bitcoin, aggressors may short directly with targets at 83,600-82,800-81,200. Short position near 2,010 for Ethereum, aggressors may short directly with targets at 1,940-1,900-1,870. The market changes rapidly; proceed with caution when entering! The above analysis represents personal opinions, and the content is for reference only and does not constitute trading advice. Trading profits and losses are at your own risk.
When you just finished one pill and are eager to take the next one, having this thought is very dangerous, and you will definitely be in trouble. The emergence of this pill indicates that this wave of clear weather has ended, but do you know what the next wave of clear weather will be like? You don't even have the ability to analyze and judge, isn't that just looking for trouble? #美SEC加密圆桌会议 #币安投票下币
If you want to excel in trading, you need a mentor to guide you, as this can save you a lot of trouble. However, it's not easy to find skilled practitioners, nor is it easy to discern them. Don't be misled by recent records; there is a lot of noise in that data. Some people are suited for certain strategies, some are suited for swing trading, and others are suitable for trend trading. This doesn't represent everything, but we must first understand the truth of trading, then establish our own system. You must prioritize survival before considering profitability. Once you enter this field, you have to consider various issues, especially the current market conditions. Therefore, at the beginning, absolutely do not go full-time; you need a steady stream of income to support your system and to learn and grow. Have a stable income to support yourself first and spend more time learning. After six months, you won't be able to relate to those with lower levels of skill, and after three years, it will be completely different. Successful traders often stand on the shoulders of giants to achieve success; there is no absolute innovation. It’s about the reorganization of existing resources. There’s no need to create new theories; simply take a mature system and gradually adapt it to suit yourself, and you can use it.
The following points are extremely important for anyone engaging in delicate matters. First and foremost, it is crucial to pay attention to your emotions, as this ranks first. During the delicate process, there are many expectations and fears involved, which can cause your judgment to lose objectivity and your behavior to become chaotic. Staying calm is essential for making correct decisions. In fact, the allure is not as simple as whether your predictions are accurate or not. On the surface, it seems to depend on the correctness of your analysis, but in reality, the success or failure of any single delicate matter is probabilistic. True allure comes from the substantial risks you are willing to take. Only by understanding this can you view the trial objectively, seeing both sides of things, allowing you to accept the situation joyfully, reducing the fears and expectations in your delicate matters. Furthermore, without 100% execution, no matter how excellent your system is, it is ultimately meaningless. Insufficient energy and inadequate understanding will lead rationality to lose to desire. Therefore, the cryptocurrency market requires calmness, objectivity, and execution. Have you learned from this?
The following points mentioned are extremely important for everyone involved in delicate matters. First, it is essential to pay attention to your emotions, which comes first. During the process of delicacy, there are many expectations and fears involved, which can lead to a loss of objectivity in your judgment and chaotic behavior. Staying calm is necessary to make correct decisions. In fact, brilliance is not as simple as whether your predictions are accurate. On the surface, it seems like it's about the correctness of your analysis, but in reality, the success or failure of any single delicate endeavor is probabilistic. True brilliance comes from the significant burden you carry. Only by understanding this can you view the trial objectively, seeing both sides of things, which allows you to joyfully accept the delicate situation, reducing the fears and expectations in your delicate pursuits. Moreover, without 100% execution capability, no matter how excellent your system is, it ultimately amounts to nothing. Insufficient energy and inadequate cognition will lead rationality to succumb to desire. Therefore, the crypto market requires calmness, objectivity, and execution capability. Have you learned this?
If you haven't been in the industry for several years, what I'm about to say may not resonate with you. However, when it comes to the industry, if you want to achieve success, it ultimately relies on yourself. Don't harbor fantasies that a specific technical indicator will lead to consistent profits. It's unrealistic! Because all technical indicators can fail at times. If you want to possess this ability, you must continuously learn and establish your own system. Even if you are in a different industry, you will always have opportunities in this field; you can see and seize those opportunities. Therefore, relying on yourself is the key; what others provide can only serve as support. Do you think this makes sense? #币安Alpha上新 #比特币反弹
Today, let's talk about a topic regarding 'Jiao Yi'. We must do well in 'Jiao Yi'. Why? Because once you can stabilize 'Huo Li' in the 'Jiao Yi' trial field, it means you will never have to worry about 'Jin Qian' for the rest of your life. From a long-term perspective, if we spend three to five years establishing our own 'Jiao Yi' system to exchange for a relatively comfortable life in the latter half of our lives, it is certainly worth it. Of course, this path is difficult, but if someone can help you in the 'Jiao Yi' trial field and let you avoid some detours, you can completely change yourself. You won't have to engage in exhausting socializing like in traditional industries, such as drinking, networking, and maintaining relationships. Because those who do 'Jiao Yi' have a much simpler social life. If you successfully walk the 'Jiao Yi' path, you only need to tap your phone or click your mouse every day to accumulate wealth. Even if you don't do well enough, you just need to slightly adjust your strategies without any particularly cumbersome tasks. From a long-term perspective, even if you can't take 'Jiao Yi' as a profession, it can still help you manage your family's resources well. So, keep learning.
You may have heard that 99% of traders will suffer losses, but in fact, their win rate exceeds 50%. So why do these losses still occur? We find that many traders exit their positions very quickly during winning trades and fail to hold onto their profits. However, when they are losing, they tend to stubbornly hold on, leading to a poor risk-reward ratio and ultimately to losses. Because cryptocurrencies are different from stocks, they have leverage, and when losses reach a certain level, it triggers margin calls. Therefore, good risk management is very important. Setting reasonable stop-losses is a crucial part of risk management, and it must be strictly enforced. At the same time, control your position size and do not over-leverage, setting each position based on your risk tolerance and market conditions.
What kind of trader can be considered a qualified JY member? First, they must be able to judge time and space well. When is there a fluctuation? When is it 📈? When is it 📉? How long is 📈? How long is 📉? How long does the fluctuation last? If they can't even do this, they don't even qualify as FXS. Second, they must be able to sustain stable Huo Li for more than a year; practice is the only standard to test truth, so don't talk nonsense. Third, if you say that the biggest Zijin you've traded has not even reached 500,000 Y, then don't talk about any JY system, because small Zijin and big Zijin are completely different concepts. #MGX投资币安 #CPI数据来袭
I was wondering why my left eyelid has been twitching recently. It turns out that good things are coming. I just rested for a few days and can rest for a while. #加密市场回调