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Is this really despair? The greed index is still hanging at 50. Is the market completely in despair?
Yesterday, the U.S. stock market was closed, giving crypto market manipulators an unrestricted time to manipulate and crash prices, without any concern, falling endlessly, with indicators diverging, again diverging, K-line temptations enticing, and contract players seemingly wiped out. The bottom you mentioned actually has no bottom, only where the manipulators intend to push it. Currently, the situation is not optimistic, but fraught with danger.
In the past few days, Los Angeles has experienced continuous wildfires, in a wealthy area around Universal Studios, burning almost completely, leaving tens of thousands homeless, with property losses exceeding one hundred billion dollars. Today, as the U.S. stock market opens, it seems the possibility of a decline may be greater. According to an ancient Chinese saying, when the emperor takes office, natural disasters and man-made calamities are inauspicious omens. I wonder if Trump has consulted anyone about this, setting up a forum to legislate, turning misfortune into fortune.
Recently, events have been frequent, and Trump has made bold statements about incorporating Greenland and Canada into the United States and strengthening control over Panama. His words are sharp and have indeed hurt the hearts of allies. However, it can be said that political events instigated by the U.S. will certainly affect both domestic and international situations, and the U.S. stock market may also experience uncertain black swans. When trading stocks or cryptocurrencies, sometimes you have to look at the sky and people and seek your own blessings.
Currently, from the daily chart perspective, there has been a continuous three-day volume drop, with strong bearish forces and significant capital flight. Currently, there is strong support at 92500, with MACD turning from bullish to bearish, but bearish forces are weakening, so the probability of further decline today is relatively small. From a technical standpoint, there will not be an immediate reversal, and it is expected to fluctuate for a few days. The upper pressure lifeline is around 96500 to 99500, while the lower support is around 92500 to 90500. It is only a suggestion to place orders in batches and enter the market at lower prices. Be bold in buying, and if you get caught, just lie flat.
On the four-hour chart, the bottom is rising, with a MACD golden cross, showing signs of stabilization. The lower support is between 92500 and 91203, while the upper pressure is near 95000. It is not recommended to short the market; you can go long with low stop-loss.
From the sentiment indicators, a large number of people were in utter despair yesterday, but currently, there is still a slight indication of a bottom. It is not advisable to trade contracts; instead, buy spot in batches. There is no need to worry too much about this.
Currently facing non-farm payrolls, CPI, and Trump’s presidency, various messages intertwine, so the volatility will definitely be significant. Everyone should be particularly careful when making trades. After bottom-fishing, just lie flat; at this time, survival is paramount. February will surely bring brighter days and spring breezes. $BTC
In the past few days, Los Angeles has experienced continuous wildfires, in a wealthy area around Universal Studios, burning almost completely, leaving tens of thousands homeless, with property losses exceeding one hundred billion dollars. Today, as the U.S. stock market opens, it seems the possibility of a decline may be greater. According to an ancient Chinese saying, when the emperor takes office, natural disasters and man-made calamities are inauspicious omens. I wonder if Trump has consulted anyone about this, setting up a forum to legislate, turning misfortune into fortune.
Recently, events have been frequent, and Trump has made bold statements about incorporating Greenland and Canada into the United States and strengthening control over Panama. His words are sharp and have indeed hurt the hearts of allies. However, it can be said that political events instigated by the U.S. will certainly affect both domestic and international situations, and the U.S. stock market may also experience uncertain black swans. When trading stocks or cryptocurrencies, sometimes you have to look at the sky and people and seek your own blessings.
Currently, from the daily chart perspective, there has been a continuous three-day volume drop, with strong bearish forces and significant capital flight. Currently, there is strong support at 92500, with MACD turning from bullish to bearish, but bearish forces are weakening, so the probability of further decline today is relatively small. From a technical standpoint, there will not be an immediate reversal, and it is expected to fluctuate for a few days. The upper pressure lifeline is around 96500 to 99500, while the lower support is around 92500 to 90500. It is only a suggestion to place orders in batches and enter the market at lower prices. Be bold in buying, and if you get caught, just lie flat.
On the four-hour chart, the bottom is rising, with a MACD golden cross, showing signs of stabilization. The lower support is between 92500 and 91203, while the upper pressure is near 95000. It is not recommended to short the market; you can go long with low stop-loss.
From the sentiment indicators, a large number of people were in utter despair yesterday, but currently, there is still a slight indication of a bottom. It is not advisable to trade contracts; instead, buy spot in batches. There is no need to worry too much about this.
Currently facing non-farm payrolls, CPI, and Trump’s presidency, various messages intertwine, so the volatility will definitely be significant. Everyone should be particularly careful when making trades. After bottom-fishing, just lie flat; at this time, survival is paramount. February will surely bring brighter days and spring breezes. $BTC
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0.09s Are you here to make fun of me? Just wait.
$DOGE Don’t open long positions, don’t open long positions. A long contract of 600 million USD, plus a leverage of 70 times. If it rises by 10%, it will lose 4.2 billion USD. This rebound is to eliminate temporary short positions. It will continue to fall. As long as the long positions of 600 million USD are still there, they will chase and kill. 0.09 is the time to accept spot. Don’t go long…
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This is the article that should be seen the most in the square, not those toxic chicken soup, hindsight, and the cryptocurrency insights of Brother Qianli that are worth learning from.
Recently, many brothers have been panicking and asking me if they should cut their losses. Let me share some of my experiences with investing in spot trading. I made about twenty times profit, but I also experienced being trapped in spot trading. Firstly, the general direction predicts that the bull market has not ended. Secondly, I basically have no experience of cutting losses in spot trading, especially in this clear major cycle trend this year.
The first one is ORDI. At that time, I bought it at 24. Two days later, it dropped to 20. Many people in the comments were criticizing this coin as a domestic scheme, but that wasn’t the most important part. The most devastating thing was that two days later, one of the Bitcoin developers, Luke, claimed that the inscription was a bug in the Bitcoin blockchain and that this bug would be removed in the future. This was a bolt from the blue. It meant that the inscription would no longer exist. Many were bearish about the domestic scheme, causing it to drop nearly to the 15/16 position. However, the words 'cut losses' do not exist in my dictionary, so I just held on, and as a result, after more than one to two months, it rose to over 90+, and I exited at an average price of 70.
The second one is Binance's first pre-market trading, SCR. I estimate that many people fell into the trap with this coin. After I bought it at an average price of 1.0 in the pre-market, it rose to about 1.5, almost a 50% profit, but I didn't sell. When it officially launched, there was an inverted hook, and it directly fell below 1.5 to a minimum of 0.5. Again, a bunch of people came out to be bearish about the domestic scheme. However, cutting losses was not an option; I just held it and left it alone. Just a few days ago, it rose to 1.4 again, and I successfully broke even and increased my position in Neiro.
However, this coin SCR caused me to miss out on selling USUAL, only making a 70% profit on spot trading. I had previously recommended it at 0.28, and I also posted when I exited.
This is one of the few experiences I had of being trapped. In short, as long as you believe in a coin, it doesn’t matter what others say, whether it’s delisting or a domestic scheme. Just stick to your conviction, buy on dips, and go all in. Chasing rises and cutting losses is something that retail investors do. If you don't treat money as money, you won't make money. So just go boldly into spot trading; once the bad news is fully released, it becomes good news. There's nothing bigger than fixing the inscription bug as bad news.
The first one is ORDI. At that time, I bought it at 24. Two days later, it dropped to 20. Many people in the comments were criticizing this coin as a domestic scheme, but that wasn’t the most important part. The most devastating thing was that two days later, one of the Bitcoin developers, Luke, claimed that the inscription was a bug in the Bitcoin blockchain and that this bug would be removed in the future. This was a bolt from the blue. It meant that the inscription would no longer exist. Many were bearish about the domestic scheme, causing it to drop nearly to the 15/16 position. However, the words 'cut losses' do not exist in my dictionary, so I just held on, and as a result, after more than one to two months, it rose to over 90+, and I exited at an average price of 70.
The second one is Binance's first pre-market trading, SCR. I estimate that many people fell into the trap with this coin. After I bought it at an average price of 1.0 in the pre-market, it rose to about 1.5, almost a 50% profit, but I didn't sell. When it officially launched, there was an inverted hook, and it directly fell below 1.5 to a minimum of 0.5. Again, a bunch of people came out to be bearish about the domestic scheme. However, cutting losses was not an option; I just held it and left it alone. Just a few days ago, it rose to 1.4 again, and I successfully broke even and increased my position in Neiro.
However, this coin SCR caused me to miss out on selling USUAL, only making a 70% profit on spot trading. I had previously recommended it at 0.28, and I also posted when I exited.
This is one of the few experiences I had of being trapped. In short, as long as you believe in a coin, it doesn’t matter what others say, whether it’s delisting or a domestic scheme. Just stick to your conviction, buy on dips, and go all in. Chasing rises and cutting losses is something that retail investors do. If you don't treat money as money, you won't make money. So just go boldly into spot trading; once the bad news is fully released, it becomes good news. There's nothing bigger than fixing the inscription bug as bad news.
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Etc this bull market is really collapsing
The brothers are urging me to recommend coins again. In fact, my speed is already very fast.
Let me organize it for everyone, so you can see if I have been procrastinating.
On November 1st, I bought neiro, and it doubled in less than a week.
On November 9th, I bought TRB, and it doubled the next day.
On November 11th, I bought ACT and PNUT at 0.28 off-market, and it multiplied several times in three days.
On November 27th, I bought THE, and it doubled the next day.
On November 28th, I bought USUAL, and it doubled in one or two weeks.
On December 4th, I bought BGB, and it doubled in one or two weeks.
Now it is December 14th, and I am patiently waiting.
I know everyone is in a hurry, but my speed is already very fast. If I go any faster, it will be one a day, but obviously, I do not have a dedicated team, so I can only analyze them one by one.
Then, only those that meet the characteristics of previously doubling coins will be recommended to everyone. Before there are no new opportunities, I have been the same as everyone, holding coins and waiting for a rise.
Currently, the main holdings include neiro, etc, trb, bch, bnb, and these.
The coins mentioned above that have doubled are basically all sold off, many were sold at high positions and bought back at low positions.
Let me organize it for everyone, so you can see if I have been procrastinating.
On November 1st, I bought neiro, and it doubled in less than a week.
On November 9th, I bought TRB, and it doubled the next day.
On November 11th, I bought ACT and PNUT at 0.28 off-market, and it multiplied several times in three days.
On November 27th, I bought THE, and it doubled the next day.
On November 28th, I bought USUAL, and it doubled in one or two weeks.
On December 4th, I bought BGB, and it doubled in one or two weeks.
Now it is December 14th, and I am patiently waiting.
I know everyone is in a hurry, but my speed is already very fast. If I go any faster, it will be one a day, but obviously, I do not have a dedicated team, so I can only analyze them one by one.
Then, only those that meet the characteristics of previously doubling coins will be recommended to everyone. Before there are no new opportunities, I have been the same as everyone, holding coins and waiting for a rise.
Currently, the main holdings include neiro, etc, trb, bch, bnb, and these.
The coins mentioned above that have doubled are basically all sold off, many were sold at high positions and bought back at low positions.
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Dare not to enter the market? The average expert in the square, the copycat at dawn has hardly dropped, now looking again, Ethereum is at 3900, it can be said that the market is still extremely greedy except for Bitcoin.
After the washout, the market quickly rebounded. It is currently stabilizing at 97,000. This significant drop and washout is either a preparation for the next rise or an indication that the rise has ended.
In my opinion, this washout will not have a major impact on the subsequent rise. Although this washout has caused the panic level to increase, making many people hesitant to enter the market, I see it as an opportunity.
This drop has actually provided many who missed the entry point with an opportunity to enter the market. As the saying goes, a pullback is a chance to go long. After such a significant drop in the morning, the market will surely fill the gap during the day.
In my opinion, this washout will not have a major impact on the subsequent rise. Although this washout has caused the panic level to increase, making many people hesitant to enter the market, I see it as an opportunity.
This drop has actually provided many who missed the entry point with an opportunity to enter the market. As the saying goes, a pullback is a chance to go long. After such a significant drop in the morning, the market will surely fill the gap during the day.
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This stupid coin dog's house has no vision, such a good market is dragging on for half a day
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People like you have ulterior motives. How many contracts are not losing money and should be stopped? Spreading this kind of information, do you want new people to come in and get hurt?
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2.9 knives, are you going to rob directly?
1. Dogecoin's current cycle started approximately two months earlier than the previous cycle.
Previous cycle start date: 2020.11.3, current cycle start date: 2024.9.2
2. If everything goes as expected, Dogecoin will break its all-time high (ATH) within two weeks, possibly around December 2nd!
3. After breaking the new high, it will quickly reach the yellow line, approximately 1.08U
4. Continued breakthroughs may touch the orange line at 2.9U
5. Let's set the target for early 2025 at: twice the ATH to half of the orange line! That is between 1.4～1.45U!
The above is for reference only and does not constitute investment advice!
#doge⚡
Previous cycle start date: 2020.11.3, current cycle start date: 2024.9.2
2. If everything goes as expected, Dogecoin will break its all-time high (ATH) within two weeks, possibly around December 2nd!
3. After breaking the new high, it will quickly reach the yellow line, approximately 1.08U
4. Continued breakthroughs may touch the orange line at 2.9U
5. Let's set the target for early 2025 at: twice the ATH to half of the orange line! That is between 1.4～1.45U!
The above is for reference only and does not constitute investment advice!
#doge⚡