12.11 Ethereum shorting tips

Hello everyone, I am your Brother Qiu. Since Ethereum has been pulled all the way to 4000, many shorts have been miserable, but it has ushered in technical adjustments the day before yesterday and yesterday.

I believe that these two declines have made the air force brothers happy. Yesterday we also took advantage of the trend to short WLD. Can we continue to short Ethereum today?

At present, the pressure level of Ethereum is around 3690 and 3720. We can short at 3680, hit the second level at 3695, and directly shoot 3720.

The current effective support level is at the two key positions of 3640 and 3610. If it falls below 3610, it is likely to test the structural support of 3500 again.

If you like to trade contracts in front of the screen, you might as well follow Brother Qiu to avoid missing the first-time push! The Chinese New Year is coming soon, and I hope everyone will make more money.
#加密市场回调

There is such a group of people: he is the one who escapes from the top, he is the one who buys the bottom, there is him the one who sells high and buys low in the swing band. In front of them, Buffett is like a new recruit. Livermore does not understand trading at all. He is just making money anyway. If If you want to stay in this circle long enough, you must stay away from people like this

#BTC投资案未获微软股东同意

Is $OM going to explode again💥? This time, a thousand times the altcoin?

This variety has increased over two hundred times from the lowest point of 0.0172 on October 1st last year, and the current price is around 4.13.

From the basic candlestick chart, we can see that it is preparing to push up to $5 or even $10 again.

You can enter a long position in the range of 4.13 to 4.15, and watch the effective resistance levels at 4.5 and 4.8 with low leverage, taking positions in batches. It's very likely to reach $5 this week.

#市场调整后的方向

Will $WLD continue to fall? Nvidia is under investigation, a major negative for AI

Hello everyone, I am your brother Qiu. Yesterday, we shorted WLD and received a good response, entering at around 2.95 and precisely hitting 2.78.

When trading counterfeit, we mainly use a 5% fluctuation as a benchmark. Before trading, we first determine whether there will be a 5% fluctuation today. Today, we still choose to short WLD.

At the current price of 2.75, we will take a layer of profit at a rebound to 2.77, with the opportunity to continue to go down to 2.61 in the evening, and 2.58 in batches.

If you in front of the screen are also interested in counterfeits, you can follow me. Every day we will release information to avoid missing the latest updates! #MicroStrategy增持BTC

$WLD 2.78 has arrived, everyone go to bed early, give a little tap with your money-making hands and follow us, see you tomorrow! Congratulations to the friends who got meat! Hope we can pull it back tomorrow! #市场回调抄底还是观望？

After playing a few games, let me briefly explain the underlying logic of shorting WLD. Everyone has a different understanding and judgment of patterns.

There are two important factors for shorting: one is that when market sentiment is extremely enthusiastic, a cold splash of water will come in, and the second is that relevant information combined with sentiment can achieve a washout effect.

My judgment on WLD comes from Ethereum and Bitcoin. When I feel that the probability of their continuous decline is greater than a rebound, I can operate on some altcoins I am more familiar with to pick up profits.

In this process, our own direct profit space is still 5%, and the so-called profit margin is also at 5%. It is clear to know how much you can lose and how much you can earn.

The last time I operated this seriously was a year ago. During this time, I have been reflecting on how we have done many altcoins, but the overall effect has not been very good, mainly because we were not focused enough.

Starting today, our optimal selected altcoin is your brother Wang's WLD.
No matter the long or short, we must place an order for it every day. Continuously accumulating experience on one variety to understand the effects brought by its characteristics is far better than we imagine. #WLD🔥🔥🔥

$WLD has already formed a bearish pattern

As the entire AI sector has been severely impacted due to the investigation of Nvidia, the price of WLD, which is considered the leader of the sector, is also continuously declining.

Currently, WLD's effective resistance level is around 2.55 and 2.60. With the ongoing adjustment of the market in the evening, there may be a second downward space.

We can short WLD at 2.92~2.95 and set a 5% direct profit target, paying attention to the two effective support levels at 2.77 and 2.58 for gradual direct entry.

#WLD🔥🔥🔥

From the downturn in the early morning, we can see that memes are still relatively fragile, with the Sol series led by Popcat and Wif basically compressed by over 20% or even more.

This also signifies that while memes provide us with endless opportunities, they also carry significant risks. I believe many friends are either reluctantly cutting losses or continuing to hold on, and neither of these solutions is perfect.

Especially with the TG ecosystem being as ruthless as it is, when things are good, they are indeed very good, but when they go bad, they can be really, really bad.

A typical example includes X, Memefi, Dogs, Major, etc., with the average drop in Sol at 20%, and the average drop in the TG ecosystem could reach 30% or even more.

So here’s a reminder to everyone not to focus all your attention on a single independent sector, as this could lead to painful consequences. #MicroStrategy增持BTC

From yesterday's high of 4000 to around 3451 in the early morning, we need to pay attention to the fact that it is very likely to continue to test below 3500, and anyone trying to go long is likely to be trapped.

Currently, we need to focus on the two effective support levels of 3700 and 3680. If we test 3700 again but do not break below 3680, there may still be a turning point.

So tonight there is a high probability that we will continue the previous raid and take away another batch of brave souls trying to bottom fish. In the coming days, we need to determine whether we are entering a range-bound phase or a brief technical adjustment.

In a range-bound phase, both long and short positions can be operated, but the shrunk spot market can be a bit torturous. If it is a brief technical adjustment, then we can look for opportunities to buy on dips and continue to maintain a strong bullish mindset.

Try to reduce leverage to a controllable range to avoid being taken out by one or two counter-directional moves. #加密市场回调
30466916337

$NEIRO This coin may experience a significant surge, do not short it lightly.

Like Pnut, it is also a strong coin that is controlled by institutions. Last night, we saw it surge 20% in an instant before dropping 10%.

Currently, we have already made profits from going long on Squirrel, and those who like trading altcoins should pay attention to some strong institution-controlled altcoins, as they often have unexpected surges.

Currently, Neiro's effective support is at 0.0015, and we can enter a short-term long position at 0.0017. Tonight, it is very likely to return above 0.0020.

The stop loss can be placed at 0.00145, with a target of 0.0020. #市场回调抄底还是观望？

In the past 24 hours, 572,000 people across the network have been liquidated, which is even more than during the 'March 12 crash'!

On December 10, according to Coinglass data, 572,395 people were liquidated across the network in the past 24 hours, far exceeding the 'March 12 crash' event.

Note: On March 12, 2020, Bitcoin plummeted 50% in one day, resulting in about 100,000 liquidations.#1210超57万人爆仓

Pnut 🔥🔥🔥Malicious Burst Warning

Currently, Pnut is supported around 1.10 and 1.11, and if it stabilizes, it may rebound to above 1.21 and 1.25. You can consider entering a long position at the current price around 1.19, with a stop loss at 1.08. Leverage should not exceed 10 times.
#PNUT再次走高

Epic adjustments! Will Bitcoin reach 80,000? The average decline of altcoins has reached 20%. What should we do next?

First, we need to understand that the main reason for this adjustment is to clean up long leverage. Every pullback is to prepare better for the next surge.

Today, you can see that many people feel that the altcoin season has ended before it even started, or that the bull market has completely collapsed and we are now in a bear market.

Today, we can choose to short Ethereum and Bitcoin. For those who already have short positions, it is advisable to take partial profits around 940,000 and 3,550, while those who are long should cut losses as soon as possible. #1210超57万人爆仓

Ethereum long tips are about to break 5000

During the weekend, there were many fluctuations of dozens of points, and many people are confused. Currently, Ethereum's main resistance is around 4050 and 4100.

Just go long in the range near 3900-4000, and on Monday, the price will soar directly, starting a bull market at the end of the month up to 6000! #山寨季怎么布局？

$ETH I understand that Ethereum will not reach 4000

Hello everyone, I am your brother Qiu. I believe everyone should know how drastic the changes in these 24 hours are. It rose 5000 points and then plunged 10000 points.

The harm caused by high leverage to us is very serious. Not to mention 100 times leverage, even 70 or 80 times leverage has been taken away by a wave in the past two days.

Today we are still shorting at the two effective supports of 3860 and 3880. As time goes by, we can find that the bulls are still very strong, but as long as there is a reversal, the two support levels of 3860 and 3880 will become pressure levels. #ETH🔥🔥🔥🔥

12.5 Space Force Attention

Positions 3860 and 3880 have been triggered, and the current profit margin is around 38 points. If we continue to drop below 3800, we will need to move our target to around 3730.

Bulls need to stand at attention, manage direct operations strictly, and control positions and leverage. We hope to see a steady decline today. #BTC新高10W

$ACT Is the Ai aspect about to explode?

Hello everyone, I am your brother Qiu. Some of you may be confused as we have been shorting Act and successfully predicted it would reach around 0.5.

However, yesterday, as Bitcoin violently surged to 100,000, we gradually discovered that many altcoins underwent significant structural changes. So yesterday, we decisively advised everyone to enter Act around 0.55 and go all in on the long position.

Before Act launched, it had a 30x spike, and at its peak, it surged to a price of 1 USD, a total increase of 50 times. It's reasonable to expect a technical adjustment, and it seems that the adjustment is complete and ready to shoot up at any moment.

Yesterday, we entered at 0.55, and now we have already achieved a profit margin of over 10%. When there is profit, we need to learn to take some off the table and set a stop-loss.

In the next couple of days, it is very likely to hit the effective resistance levels of 0.7 or 0.8. If it breaks through 0.8, there is a high probability it will directly return to the 1 mark. Overall, the bears are about to face some hits this time.

This explanation ends here. Every day from now on, we will discuss various altcoins together. Friends who like altcoins can give a thumbs up ➕ follow to avoid missing the latest updates (I heard double-tapping can give a thumbs up) #ACT🔥🔥🔥

Attention! Can Ethereum still reach 4000?

Hello everyone, I am your Brother Qiu. Yesterday, with a small amount of Act and Pnut, I believe those who participated enjoyed it, while the profit from going long on Ethereum was only over 70 points.

Early in the morning was quite exciting, directly arranging the flow interruption needle for everyone. So today we can focus on the two positions of 3860 and 3880 for analysis.

If we get a chance here, we can try to enter the first layer at 3860 and the second layer at 3880. Try to keep the leverage no higher than 50 times, controlling the position at a total of 5%. After making a profit, you can increase the floating profit by another 5%. #ETH🔥🔥🔥🔥

12.5 Epic adjustments are coming

Yesterday I reminded everyone to be aware of the risks, and many people scolded me, fearing I would affect their dreams of striking it rich by buying the dip.

I have repeatedly emphasized the importance of direct sourcing and absolute low leverage control. Even if we went long on Act, Pnut, and A Dou Fang yesterday, it was not a big deal.

How are those of you who don’t know how to source directly and don’t control leverage doing?

#BTC☀