According to Coinglass data, if BTC breaks through $62,000, the cumulative short order liquidation strength of mainstream CEX will reach 795 million;

If BTC falls below $59,000, the cumulative long order liquidation strength of mainstream CEX will reach 786 million. #币圈 #比特币 #财经知识

Don't expect BTC to fall sharply in August. It's impossible. BTC fell last night, but the altcoins didn't fall much. This detail is very important. It is August 19th now. The market will rise next, especially the altcoins will bottom out and rebound. The market will fall sharply around September 10th. It's OK to buy now. Even the worst market will fall, rebound, and fall again, instead of falling all the time, because it won't make money. And those who expect it to fall all the time are ignorant of the market. Rise and fall have the same origin. #币圈 #财经知识 #干货分享

Opportunities are reserved for those who are prepared and unwilling to be lonely, who want to work hard to change the status quo and are unwilling to be ordinary!

There is no absolute strategy, but we can completely avoid some completely unnecessary losses!

As long as the execution is strong enough, you can also do a little better than heaven. Your destiny is in your own hands. How you choose determines whether you can reach the top! #币圈 #比特币 #财经知识

In the trading world, few people can truly achieve unity of knowledge and action. Although many people have made plans and have clear expectations, once the market breaks out, they easily abandon their original strategies and focus on the current market and short-term profits. This short-sighted behavior often leads to missed opportunities or unnecessary risks.

People often have unrealistic expectations and fantasize that their investments can soar. Some of these investors usually operate with full positions, are unwilling to admit mistakes and stop losses in time, and often end up lost in the market. The trading market has rocket-like rises and waterfall-like plunges. The key is to wait and wait, understand the laws of market fluctuations, and find that there will be rebounds after declines, and it is inevitable to pull back after rises.

Many people sell out of panic during the retracement process, or cut their losses and leave the market. After cutting their losses, they are eager to re-enter the market, resulting in losses again, and even facing the dilemma of liquidation or forced stop losses. Emotional decision-making is the biggest taboo in trading. When you realize that there is a problem with your strategy, you should give yourself some time, such as half an hour or an hour, to review, digest the impact of market fluctuations, and re-enter the market after clarifying your thoughts. This often leads to better results.

At all times, investors should set a bottom line for themselves and keep a way out. Before trading, clarify the risk range you can bear, set the most important maximum loss, and set a stop loss point accordingly. When the loss reaches the severity of the set value, you need to take decisive action to avoid greater losses.

Emotions are the enemy in trading. The cryptocurrency market is extremely serious, and investors should not be swayed by panic or greed in the market. Don't blindly follow others because of fear or eagerness, and don't follow the crowd just because you see others buying. Staying calm and rational, and making investment decisions based on your own independent analysis and judgment are the keys to long-term survival and profitability in the trading market. #币圈 #财经知识 #区块链