Crossing the long bear market and welcoming the big bull market
Today is October 17, 2023, and the current price of Bitcoin is $28,460! There are still 190 days until the fourth Bitcoin halving! We are now in the final stage of the bear market, the border between the bear market and the bull market!
Next, I will share some of my personal experiences in the cryptocurrency world, as well as a detailed account of the overall environment and the current stage we are in. Of course, I will also conduct a detailed analysis of the upcoming bull market and the reasons that may trigger a super bull market!
In December 2019, I came to the cryptocurrency circle. A certain project and a certain platform brought me into the cryptocurrency circle. I won’t tell you which project or platform it was because it has already closed down!
Will Trump's promises to the crypto industry be fulfilled in the future?
On November 6, 2024, Trump won the US presidential election and will be inaugurated on January 20, 2025. Trump made many promises favorable to cryptocurrencies during the Bitcoin Conference. What are the chances of fulfilling these promises? 1. If elected, Bitcoin and cryptocurrencies will soar! 2. On the first day of taking office (January 20, 2025), fire SEC Chairman Gary Gensler and appoint a new chairman! 3. Keep every Bitcoin-related job in the United States! 4. Appoint a Presidential Advisory Committee on Bitcoin/Cryptocurrency to design transparent regulatory guidance and complete it within 100 days!
$ETH Why hasn't the platform launched CORE spot and contract?
The following reasons may apply:
1. Project positioning and strategy: As an EVM-compatible L1 public chain, CORE emphasizes composability, decentralization, and security. The project team may prioritize building a stable and secure infrastructure, selecting partners and platforms that align with long-term strategies and brand image, rather than rushing to launch on Binance for short-term market exposure and trading volume.
2. Technical maturity: The project team may be concentrating resources on optimizing underlying technology to ensure network stability and security. When technology is not fully mature, they may avoid launching on large exchanges to prevent facing large-scale capital flows and potential technical challenges too early.
3. Regulatory compliance and risk management: Cryptocurrency trading faces strict regulatory requirements. The project team may consider compliance risks and avoid listing on exchanges that could trigger legal issues. They will also assess the potential risks of launching on Binance, such as increased market volatility and investor protection issues, thus opting to take a wait-and-see approach.
4. Technical compatibility and depth of cooperation: Launching on an exchange requires technical docking and system compatibility testing. There may be technical barriers or priority considerations that have prevented CORE from completing technical integration with Binance. Additionally, if there is already an in-depth cooperative relationship with other exchanges or partners, the project team may prioritize ensuring the stability and deep development of existing collaborations.
The daily level shows a recent continuous price decline, forming multiple bearish candles, overall presenting a weak pattern.
In the 4-hour cycle, after a significant drop on June 13, it is currently in a low-level consolidation phase.
2. Technical Indicators:
MACD: In the 4-hour cycle, both DIF and DEA are operating below the zero axis, and the histogram shows negative values, indicating that bearish forces are dominant, but there are signs of decreasing volume.
RSI: The RSI value in the 4-hour cycle is around 40, not entering the oversold range, but still weak; the short-term rebound strength is limited.
EMA: The price is currently hovering around EMA7 (2527), constrained by EMA30 (2583), with obvious pressure above, and the downward trend has not yet been reversed.
3. Trading Volume:
The daily trading volume is gradually shrinking, indicating that market sentiment is relatively cautious, with a strong wait-and-see atmosphere.
In the 4-hour cycle, volume increased during the drop on June 13, followed by a significant reduction in volume, reflecting a temporary stalemate between bulls and bears.
🔸 The 4-hour level is still in a horizontal consolidation! $BNB $SOL
To Earn Money in the Long Term, You Must Understand the Underlying Logic of "Position Management"!
As ordinary people investing, we all hope for steady long-term profits, but the reality is that we either chase gains and get beaten up or are fully invested and stuck, staring blankly as we miss great market opportunities. Where does the problem lie? Much of it comes from not understanding the underlying logic of "position management"! Today, let’s clarify position management in a casual way so you can have a solid understanding and strategies for your future investments. 1. First, understand: What is position management?
In simple terms, position management refers to how to allocate your money in investments. For example, if you have 100,000 yuan, how much to invest in stocks or funds, when to buy, and when to sell – that’s position management. Don’t think this is only for professionals; we ordinary people need to pay more attention because we have less capital and weaker risk tolerance. Proper position management is essential to survive and make money.
Making Money from Market Fluctuations: Opportunity Capture Techniques Ordinary People Can Learn!
In this trading market, who doesn’t want to grab some real money from the ups and downs? But every time you see the K-line bouncing like an ECG, you either panic and miss the opportunity or impulsively enter and get burned. Don’t panic! Today, I’ll teach you some down-to-earth "money-making techniques" that don’t require you to read complex financial books or be a machine that watches the market 24/7; ordinary people can also seize their trading opportunities! I. First, figure out: Where are the opportunities hidden? Don’t be fooled by false signals!
Many people think trading opportunities are "sudden surges" or "insider information" shared by experts in groups. But the reality is, the real money-making opportunities are often hidden in patterns and logic.
How to filter out market noise during transactions?
1. Identify effective information: Focus on core information such as project fundamentals, macro policies, and capital flow, ignoring illogical content like 'insider news' and 'big influencers' calls.
2. Strictly adhere to trading discipline: Establish rules in advance, such as profit and loss lines and entry logic, and execute accordingly when news comes in, without being disturbed by short-term fluctuations.
3. Streamline information channels: Reduce real-time group chats and unfollow sensational accounts, keeping authoritative media and official channels to avoid information overload.
4. Self-check with three trading questions: Determine whether the news affects long-term value, whether it deviates from the original plan, and whether the publisher has any conflicts of interest.
The Rise and Fall of Cryptocurrency: Analyzing How Human Nature Influences Every Trade!
Dear friends, today we won't talk about those flashy technical indicators, nor will we discuss high-flying financial theories. Let's talk about the most down-to-earth thing in the cryptocurrency world—human nature. After navigating the cryptocurrency space for a while, you will find that behind those candlesticks, contracts, and wallet addresses, there are all sorts of human tricks, and these little thoughts can determine whether you feast or get hurt in an instant! First, let's talk about the deadliest thing: “greed.” I don’t know how many brothers have had this experience: the coin price keeps rising, and the coins in hand have doubled; at this moment, the heart starts to race, “What if it keeps going up? Maybe it could increase tenfold or a hundredfold!” The originally planned take-profit point instantly becomes ineffective in the face of the crazy surge. Take Bitcoin's rise from $30,000 to $60,000 as an example; how many people saw their earnings go from tens of thousands to hundreds of thousands, only to let greed take over, thinking they would wait until $80,000 or $100,000 to sell, but in the end, the market turned sharply, not only losing all profits but also incurring significant losses. Greed is like an endless pit, making you always feel that you can earn more in the next moment, forgetting that the market does not always rise without falling.