Wednesday night thoughts

In the short term, the market may once again test the 4-hour previous low support, with the 91500 area becoming the current focus.

Ethereum’s consolidation phase at the 1-hour level is relatively long. Despite the gains over the weekend, the upward slope did not strengthen significantly, indicating a modest upward trend. However, as the price approached the previous 4-hour high near 37, it encountered resistance and fell directly below multiple previous support levels.
Currently, Ethereum has returned to the volatile consolidation range last week.

The market may maintain narrow fluctuations within the current level and wait for the moving average system to level off before gradually testing the pressure area above;

Suggestions for evening operations
The market is empty near 96500-96800, look at 94500-93000

Ether is empty near 3400-3450, look at 3300-3250

99% of retail investors do not understand candlestick patterns
Mastering candlestick patterns means mastering the pulse of market funds. However, most investors feel confused when faced with complex candlestick charts, while top traders can make precise trading decisions based on simple patterns. Below are three commonly used candlestick patterns by top traders and their application methods,
1. Engulfing pattern: A warning signal for trend reversal
• Characteristics: A larger candlestick body completely covers the previous smaller body, divided into bullish and bearish types.
1. Bullish engulfing: Appears in a downtrend, indicating a potential reversal, suitable for buying on dips. 2. Bearish engulfing: Appears in an uptrend, suggesting a possible top, suitable for taking profits or reducing positions. • Case analysis: A certain stock rebounded 15% from its low after the bullish engulfing pattern appeared; timely identification of this pattern is key to buying low. 2. Doji: An opportunity when the market hesitates
• Characteristics: The candlestick body is very small, with long upper and lower shadows, showing a temporary balance of bullish and bearish forces. • Operation strategy: 1. In a downtrend, it may be a precursor to a rebound. 2. In an uptrend, be wary of potential pullbacks. • Precautions: Must be combined with trading volume and subsequent candlestick patterns to judge the trend, not advisable to rely on alone. 3. Three consecutive bullish candles: A symbol of strong upward signals
• Characteristics: Three consecutive bullish candles, with each day’s closing price higher than the previous day. • Operation strategy: 1. Short-term trading: Can chase the price up, but must be cautious of pullback risks. 2. Trend trading: Combine with trading volume to confirm the trend's sustainability, operate steadily. • Operation skills: Combine with the MACD indicator to determine if a golden cross is formed, to enhance the reliability of the signal. How to quickly learn these patterns? 1. Daily review: Study typical candlestick cases and gain insights into market sentiment changes. 2. Tool assistance: Use technical analysis tools, such as moving averages, MACD, etc., to assist in judgment. 3. Simulated practice: Improve the accuracy of pattern recognition through simulated trading exercises. Understanding candlestick patterns is not difficult; the key lies in combining market conditions and trading volume to flexibly adjust trading strategies. The difference between top traders and ordinary investors is that they not only understand these patterns but can also apply them flexibly. Quickly bookmark this article, open your trading software, and see if these patterns have appeared in your trading targets.

As Trump is about to take office, he begins to look for potential opportunities for sudden wealth. The following five cryptocurrencies have caught the market's attention:

First is Dogecoin (DOGE), currently priced at $0.389. Due to Musk's support, Dogecoin has risen to fame. Additionally, its abbreviation is the same as the newly established 'Department of Government Efficiency' (DOGE), which has also attracted market attention. Dogecoin's liquidity and trading volume are very high, and its trend is relatively stable, with predictions suggesting it will rise significantly this month and may experience a larger explosion next month. However, the uncertainty in the cryptocurrency market is substantial, making it difficult to accurately predict Dogecoin's upward trend, and the associated risks cannot be ignored.

Squirrel Coin (PNUT) surged by 400% within two days during Trump's last election, currently priced at $0.73, with relatively low volatility. Some investors believe that after Trump takes office, Squirrel Coin may again have the opportunity for a significant increase, suggesting that investors should add to their positions when prices drop. However, the risks in the market are unpredictable, and Squirrel Coin may also face the risk of a significant downturn.

Internet Celebrity Coin PEPE has certain development potential in the decentralized finance (DeFi) and non-fungible token (NFT) sectors, leading some to be optimistic about its future, believing it has the potential for a tenfold increase in value. However, there is currently no clear statement on the best time to build a position, and when investors choose to enter largely depends on luck.

XRP previously reached a new high of $2.9 during Trump’s last election. Therefore, some expect Trump’s presidency to promote it as a more widely used payment method, thus leading to another price increase. However, the direction of policy is not something ordinary investors can predict or control, and there remains significant uncertainty regarding XRP's future development.

Additionally, puppies on Ethereum are also considered to have the potential to become the next SHIB, warranting appropriate attention and positioning from investors.

Policy and market conditions change rapidly. Simply using Trump’s presidency to hype cryptocurrencies is not feasible; investors who enter the market recklessly are very likely to face significant losses. Therefore, it is crucial to act cautiously when making investment decisions and not to be misled by fantasies of sudden wealth.

【Key economic data and events to watch today: January 8, 2025, Wednesday】
① 08:30 Australia November Weighted CPI Year-on-Year
② 10:00 The State Council Information Office holds a regular press conference on State Council policies
③ 15:45 France November Trade Balance
④ 18:00 Eurozone November PPI Month-on-Month
⑤ 18:00 Eurozone December Industrial Sentiment Index
⑥ 18:00 Eurozone December Economic Sentiment Index
⑦ 21:00 Federal Reserve Governor Waller delivers a speech
⑧ 21:15 US December ADP Employment Change
⑨ 21:30 US Initial Jobless Claims for the week ending January 4
⑩ 23:00 US November Wholesale Sales Month-on-Month
⑪ 23:30 US EIA Crude Oil Inventories for the week ending December 30
⑫ 23:30 US EIA Cushing Crude Oil Inventories for the week ending December 30
⑬ 23:30 US EIA Strategic Petroleum Reserve for the week ending December 30
⑭ Next day 01:00 US EIA Natural Gas Inventories for the week ending January 3
⑮ Next day 03:00 Federal Reserve announces December Monetary Policy Meeting Minutes

Secret 1: Entering the cryptocurrency market, prepare first
Better to enter less than to rush in
Secret 2: Consolidation at low levels, then new lows
Buy heavily, it's a good opportunity
Secret 3: Sell on spikes, enter on dips
Avoid trading during consolidation
Secret 4: If it remains consolidated
Hold onto your coins tightly, as they could surge at any time
Secret 5: When there is a rapid surge
Be ready to sell at any moment, as it could plummet
Secret 6: When there is a slow decline
It's the time to gradually increase your position
Secret 7: Consolidation at high and low levels, wait a bit
Secret 8: Consolidation at high levels, then surge
Seize the opportunity, sell quickly; at low levels, consolidate and buy heavily when there's a new low, it's a good opportunity
Secret 9: No spikes, no selling
No dips, no buying; no trading during consolidation
Secret 10: Buy on dips, not on rallies
Sell on rallies, not on dips
Secret 11: If there's a big drop in the morning, buy
If there's a big rise in the morning, sell; if there's a rise in the afternoon, don't chase; if there's a drop in the afternoon, buy the next morning after a big drop, don't cut losses, no rises or drops, sleep
Secret 12: Average down when stuck, seek to break even
Hoping for profit is greed
Secret 13: A calm surface can hide a big wave
Beware of the big waves that follow
Secret 14: A big rise will inevitably lead to a correction
K-line forms a triangle over several days
Secret 15: In an uptrend, watch the support level
In a downtrend, watch the resistance level
Secret 16: Over-leveraged trading is a big taboo
Stubbornness is unwise; know when to stop amidst constant changes; enter and exit freely, observe the opportunities
Secret 17: It's about mindset
Greed and fear are major harms; be cautious with chasing highs and cutting losses; maintain a calm and good state
Secret 18: The core of success can be summed up in two sentences
Hold onto your coins and don't let go

SOL Analysis
Looking at the range from 12H to daily, today's trend aligns with the previously mentioned strategy of being cautious of bullish traps after a brief surge. However, currently, it is just a regular correction against the daily MA30 downtrend, and other pattern supports remain intact, not altering the post-breakout running rhythm.

From the hourly trend perspective, the price has reached the previously mentioned support level of 207.5~201.1. Since this is a small-scale sharp drop, it is likely to only serve as a buffering effect, with limited upward rebound space initially. It is recommended to exit for now and wait for a new low or a few repetitions before considering re-entry. At the same time, the presence of local penetrating bearish candles may extend the adjustment period, presenting only small range opportunities.

Short-term support 202.4~198.1 (monitor closely), second support 189.5~185.9, short-term resistance 211.2~214.8

On Wednesday, after a round of consolidation, market sentiment is not very optimistic. The fluctuations of tens of thousands of points in this round have a much greater impact than we imagined. Within 24 hours, millions of people across the network have been liquidated. The total amount of liquidations reached $537 million. It first rose from 92,000 to 102,000, then plummeted again to around 96,100. No matter how the market consolidates, currently, I will not chase the short position.

For Bitcoin, the intraday reference is around 96,000 to 95,500 to go long, with the target initially looking at around 97,600 to 98,500. Move the stop loss to 700 points.
For Ethereum, just operate synchronously. #Finance# #Blockchain# #Cryptocurrency# #CryptoCommunity#

Evening watch for accurate predictions! Steady Luodai!

Still don't know how to read candlestick charts in the crypto world?
Although simple candlesticks may seem easy, the simpler something is, the more difficult it is to use, and the more trading experience is required.

1. Many people highly praise naked candlesticks, as they are the simplest and most straightforward form. The so-called 'great way is very simple' suggests that mastering naked candlesticks is somehow superior to other technical forms, but this is not the case. The simpler the form, the lower the margin for error, which means traders need rich trading experience. Other indicators represent the quantification of candlesticks displayed on charts, making them clearer and simpler to read, and are also a good choice. For example, finding resistance levels using the highs and lows of candlesticks requires comprehensive judgment from the trader, whereas using moving averages as resistance levels allows for immediate clarity.

2. Candlesticks are not magical. They merely represent the trajectory of price movements. The methods for using candlesticks are detailed in many trading books, primarily focusing on the reversal and continuation structures of candlesticks. At the same time, candlesticks can be combined with other indicators to create trading systems. There are many exaggerated views online about the magical nature of naked candlesticks, which overstate their role. Candlesticks cannot predict the future; like other indicators, they can only be used as a standard for judging trends. This aspect must be approached and utilized scientifically.

Tips for Making Money in Cryptocurrency Futures Trading

Futures trading means buying and selling the fluctuations of future prices, and you can also use leverage to amplify your funds.

It sounds great, but the risks are high, and if you're not careful, you can lose everything. If you want to make money, try these tips:

1. Before trading, think about where the market is heading—up or down—don't just dive in blindly.

2. Don't bet all your money; leave some room. Leverage can be beneficial, but don't increase it too high, or it'll collapse with the slightest wind.

3. Set a loss limit; if you reach it, pull out—don't cling to the battle.

4. Start with low leverage to test the waters, take it slow, and once you feel confident, you can accelerate.

5. Don't go against the market trend; it's faster to go with the flow.

6. The market is volatile; don't let it drag you along. Take a deep breath, analyze calmly, and then make your decision.

Remember, futures trading is not gambling; you need to use your brain. Study more and learn more to play this game longer and earn more.

Yesterday evening, Bitcoin (big pie) once again effectively exceeded the 100,000 mark, with a significant upward trend. A solid support level was formed near 101000. Even if it was stepped back several times, the price has never fallen below.

Judging from the MACD indicator, the price has always maintained a high-volume state above the 0 axis, and the DIF and DEA indicators continue to diverge upward. This clearly shows that the current market is in a strong bull market.

Looking at the RSI indicator, the current value is 71.2, which is close to the overbought area. However, there is no correction trend, which means that the price still has room to rise further.

At the same time, the short-period EMA three lines show a standard long arrangement, and the price is significantly higher than each moving average, demonstrating an extremely strong upward trend.

In view of this, today's operation strategy is still to rely on the support level of 101000 below, and is firmly bullish. The upper target price focuses on 102700 and 103700.

Tuesday Thought Analysis Suggestions
At this moment, focus on the small cycle structure of the hourly chart. The previous large bullish candlestick surged rapidly, successfully breaking through the upper resistance. Subsequently, the market entered a correction phase, mainly oscillating around 102,000, forming a short-term consolidation pattern. This wave of market movement is clearly influenced by the opening of the US stock market. Looking back at past trends, every time there is a surge, a pullback usually follows. Therefore, based on the volatility patterns from previous midnight sessions, there is still a certain demand for pullback in the current market.

However, it is worth noting that the Bollinger Bands, influenced by the candlesticks, have opened an upward channel, and the larger cycle also shows a strong pattern. Currently, the market continues to consolidate around 102,000. Considering all factors, we still maintain a bullish outlook, but we need to wait for a price retracement before re-entering the market.

Operational Suggestions:
Go long on Bitcoin around 101,000 - 101,500, with a target price of around 103,500.

Go long on Ethereum around 3,680 - 3,700, with a target price of around 3,800.

Clear thinking and perfect grasp of the big direction! Ranging, steady and stable!

If you must trade contracts, remember the following points!!
If you must trade contracts, remember the following points! They are crucial!
1. Trading contracts is about risking a little to gain a lot; experiencing losses is normal. However, after hitting a stop loss, there are two types of people: some will frantically open new positions, while others will enter a cooling-off period.
My advice is that if you frequently hit stop losses, you should calm down, temporarily stop trading, and adjust your strategy.
2. Don't rush for success; trading is not a means to get rich overnight. When encountering losses in trading, maintain a calm mindset, don’t rush to open new positions, and definitely don’t go all in.
3. It's important to pay attention to the overall trend. When you see a one-sided market from the chart, you should go with the trend and not trade against it. Trading against the trend is the source of losses. Whether you're a novice or an experienced trader, many tend to trade against the trend. However, once a market trend is established, trading against it often leads to severe losses, so we must learn to go with the trend and patiently wait for opportunities to trade.
4. You must manage your profit-loss ratio well; otherwise, it is hard to make money. Ensure that your profits are greater than your losses whenever possible, and aim for at least a 2:1 ratio before considering opening a position.
5. Frequent trading is a major taboo in contract trading. If you are not an expert, you must restrain the impulse to open positions blindly, especially as a novice. New players are often enthusiastic about the market and want to seize every opportunity, but most so-called opportunities will lead to losses.
6. Only earn money within your understanding; this is very important.
7. Do not hold onto losing positions; holding onto contracts is a major taboo, especially for beginners. You must set stop losses; holding onto losing positions is the beginning of a downward spiral. Again, I remind you not to hold onto losing positions.
8. When making a profit, don’t get complacent; complacency will lead to losses.

HODL Strategy:
Applicable to both Bull and Bear Markets.
-
The HODL strategy is the simplest yet also the most difficult strategy.
The simplest part is that you just need to buy certain cryptocurrencies,
then hold for more than six months or a year without any actions.
-
Typically, the minimum return can reach ten times.
However, beginners often want to switch coins or sell upon seeing high returns or significant price drops; many find it hard to refrain from trading for even a month, let alone a year. This is why this is the most difficult part.
-
[Trend] Bull Market DCA Method: Only applicable to Bull Markets.
-
Use no more than one-fifth of total capital as spare money.
This strategy is suitable for cryptocurrencies ranked between 20 to 100 by market cap,
because at least you won't be stuck for a long time.
-
For example, if you buy an altcoin,
wait until it rises by 50% or more,
you can then switch to another coin that has dropped significantly, and repeat this cycle.
-
If your first altcoin is stuck, just keep waiting;
the bull market will definitely free you from being stuck.
But the premise is that the chosen cryptocurrencies cannot be too poor,
this strategy is actually not easy to control.
-
In a bull market, almost all cryptocurrencies will rise,
the funds act like a giant hourglass,
slowly permeating into each cryptocurrency, starting from the larger ones.
-
Pyramid Bottom Buying Method:
Applicable to foreseeable major price drops.
-
Bottom buying method:
Buy at prices of 80%, 70%, 60%, and 50% of the cryptocurrency price,
using position ratios of one-tenth, one-fifth, one-third, and one-fourth respectively.
-
Moving Average Method:
You need to understand some basic K-line knowledge.
Set indicator parameters MA5, MA10, MA20,
MA30, MA60, and choose daily level.
-
If the current price is above the MA5 and MA10 lines, hold steady.
If MA5 falls below MA10, sell the coin;
if MA5 breaks above MA10, buy to build a position.
-
[Trend] Aggressive HODL Method:
Applicable to long-term quality coins you are familiar with.
-
If you have some liquid funds, for example, if a coin is currently priced at $8,
you buy at $7,
and after successfully buying, sell at $8.8.
Use the profit to HODL.
Liquid funds are used to wait for the next opportunity.
-
Dynamically adjust based on the current price.
If there are three such opportunities in a month, you can accumulate quite a few coins.
-
The formula is:
The buying price equals 90% of the current price, and the selling price equals 110% of the current price. Unless the increase reaches 3-5 times, do not sell; I believe you will gain insights after reading this.

1. Small amounts add up to a lot: Don't underestimate every small gain, as they add up to wealth.
2. Learn to deal with losses: Before making a profit, you must first learn how to deal with losses, which is the key to growth.
3. Patience and time: Stay calm. No matter how the market fluctuates, patience and time are the most precious resources.
4. Practice makes perfect: It is more important to do it yourself than to listen to others. Only through personal experience can you truly understand the market.
5. Overcome greed and fear: Before investing, examine your emotions and avoid greed and fear.
6. Reasonable transactions: Buy and sell at reasonable prices, and avoid chasing high or low.
7. Steady and steady: Just like climbing a tall building, you need to take one step at a time to become a long-term winner.
8. Rational thinking: When you are confused, don't act hastily, and make decisions after calm thinking.
Let these wise quotes guide you to move forward steadily on the road of investment and towards success.
All suggestions are for reference only. The currency market is risky, so be cautious when investing

Cryptocurrency Circle: Youth is not wasted, 15 years of dreaming, achieving a brilliant future
From 20 to 35, this is your best physical golden 15 years
You must control your emotions, endure loneliness, give your all, and pursue career and wealth.

Do not waste these precious 15 years on meaningless gatherings with friends, do not waste time, do not seek pleasure.

There is an old saying: Youth fades easily, but learning is hard, every moment is precious
These 15 years determine the quality of your life in the latter half, and even affect your next generation
If you take this 15 years seriously, stay away from negative energy circles, set clear goals, and take unwavering action, believe me, your future self will definitely thank your present self.

To put it in the most practical way: You are only in your 30s, you can wait for the next bull market, but they in their 20s cannot wait for you.
A lifelong ambition trains the sea, youthful spirit travels through thousands of mountains.

Market aspects: According to CME's "Fed Watch": The probability of the Federal Reserve maintaining interest rates in January is 88.8%, and the probability of a 25 basis point rate cut is 11.2%.
U.S. stocks rebounded last Friday, and the trading time last week was shortened due to the holiday. Investors are looking forward to next year, expecting the Federal Reserve to further cut rates, and U.S. President-elect Trump will be sworn in on January 20 local time. The incoming U.S. government will introduce more lenient regulatory policies. Overall, under the expectation of a stable market environment, there is strong bullish sentiment in the cryptocurrency market!
Daily level: The coin price is above the 30-day moving average! The 5-day moving average crosses above the 10-day moving average! MACD golden cross is initially appearing, KDJ forms a golden cross with an expanding opening, and the 7-day relative strength index (RSI) has currently rebounded above 62, significantly increasing short-term bullish opportunities. Overall, buying at low positions aligns better with the current technical signals! Attention should be paid to the pinning situation near the 100,000 integer mark!
On the upside: Initial resistance at the 100,000 integer mark! Further resistance is focused on the high point of 102,538 around December 13.
On the downside: Initial support is near the 5-day moving average at 97,713, and further support is near the 10-day moving average at 95,933!

Recent analysis overview of Bitcoin and some altcoin trends:

Macroeconomic indicators show that market news indicates that the selling pressure for Bitcoin mainly comes from miners, gradually decreasing after peaking in November, increasing the potential for market growth.

During the term of President Trump, the market may reach new highs, and the listing situation of Sol's ETF is worth paying special attention to.

Institutional data indicates that the market situation improved last week, with institutions shifting from large sell-offs to either small sell-offs or large purchases, suggesting that the market bottom may have been reached, and the upward momentum is becoming apparent.

Regarding market sentiment, bullish sentiment is high when prices are above 100,000, turning bearish near 90,000, and in the past two days, low bullish sentiment has not been strong, while many are positioning for further downside; the market has not yet accepted the trend towards bullishness.

The U.S. Congress will certify Trump's official election. January 20 is the official inauguration day. Be cautious about short selling in the next two weeks.

The best market trends every year are generally at the beginning and the end of the year, that is, in the first and fourth quarters. Even during bear market cycles, the first and fourth quarters tend to have milder fluctuations, while the second and third quarters in between usually have larger amplitudes. Making money in 2025 mainly comes from the first 70 days of Q1 and Q4. Before March 18, contracts should focus on a rebound to go long; as long as you don't chase the peak, it shouldn't be too difficult to achieve ideal returns.