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In the later stages of a bull market, do not talk about patterns, do not talk about faith,
Good afternoon, brothers. The market has dropped now, and saying this might make many think I'm just saying it after the fact. At the beginning of the month during my live broadcast, I always talked about this topic with my brothers. Many people are looking forward to the altcoin season, but Bitcoin is already at 100,000 and altcoins are still the same old nonsense. What’s the difference between buying in and buying Bitcoin at 100,000? If Bitcoin doesn't rise, how can altcoins rise? Many are expecting Trump to come to power and create a wave, but that’s all a matter for January. We don't even know what the price will be in January, yet we talk about faith and patterns. So, brothers, talking about faith and patterns in the later stages of a bull market is definitely the biggest pest; it can be deadly. I've always emphasized to my brothers to take a bite and run, never to have a pattern. I advised my brothers to start positioning short-term strategies at 110,000. It's just a little bit off, not regrettable. At least it's better than trying to catch the bottom in the spot market. The market rises and falls; it cannot keep rising, nor can it keep falling. The bull market lasted from the beginning of last year until the end of this year. You are still expecting a big bull, still expecting the bull market to last until the first half of 2025. Who has a clear answer? All those are just guesses fueling faith. Every live broadcast, there are brothers asking if this altcoin can be bottomed out. Are there any positions in the spot market at the end of the bull market? Even if you do it, it’s a swing trade, the kind where you run away immediately if the trend is not right. How many people have tried to catch the bottom these days? Almost halfway up,
It’s normal for the market to bounce back after a drop. Currently, Bitcoin is only undergoing a daily level correction, with key support still at 94137. As long as it doesn't break this level, it’s fine. Wait for the opportunity for the daily line to surge to 101227. There is a chance for a high surge; otherwise, you can give up any fantasies. If it breaks 94137 again, it will plunge to around 90286. When it gets near this level, check the strength of the rebound. If it’s weak, it will probe around 85589. Consider the possibility of a second surge after probing these two levels. For the hard support on the weekly and monthly levels: 3167.3038. If the weekly closing falls below these two levels, there’s no need to consider it in the short term; it will be very difficult to rise again. Those of you with positions, pay attention to these two hard support levels. Finally, I wish all my brothers can earn gold daily, and every order must profit. Brothers, join me tonight at 20:30 for a live broadcast on Binance Square, let’s chat about #加密市场回调 #市场调整後的机会? .
Master these six strategies Teach you to stop loss in time First, stop loss when bottom-fishing fails. Retail investors like to bottom-fish on the left side, but they will not stop loss after bottom-fishing fails and get stuck. If the bottom-fishing is buried, once the price falls below the starting point of the stage, even if it is wrong to sell, it must be sold to avoid greater losses. Second, stop loss at the key support level. In the rising market, the price rises to a high level and stops in the densely populated area of the journey. Once it falls below the key support level, it is necessary to strictly stop loss. Third, stop loss in the rising market. Continuously adding positions in the rising market is a winner's approach, but if the currency price falls below the previous high point and the lowest price of the first three K-lines, it is necessary to consider stopping adding positions or stop loss. Fourth, fixed stop loss. Transactions that cannot be lost or heavy positions must have a fixed stop loss. If a single transaction loses 2% of the total position, it is necessary to consider stopping loss. Fifth, moving average stop loss. If the moving average support method is used to judge the market, if the price breaks through the key moving average, it is necessary to decisively stop loss when the breakthrough is confirmed. Sixth, stop loss on the trend line. In the middle of the rising trend, if the closing price falls below the trend moving average for two consecutive days, you must decisively reduce your position to stop loss. If you hold on, when the price of the currency returns to the cost price, 80% of retail investors will sell it.
Five high-sell and low-buy tips that currency friends must remember
1. After a big rise, the bird cloud top is coming, and the main force trap is coming.
2. High-level volume top pattern, it is smartest to reduce your position immediately.
3. Slow rise guillotine, the main force retreats and flees quickly.
4. Strong volume meets counter-envelope, the trend is upward.
5. High-level volume rushes high and falls, and the main force is definitely shipping.
#市场调整後的机会? Market risks are everywhere. $BTC , which just broke through 10w, fell again. The copycat stocks collapsed directly, with an average plunge of about 40%. There is still a lot of room for big bitcoin to fall, but the copycat stocks basically can't stand it and continue to decline. It will be difficult for the copycat stocks before the New Year this year. If big bitcoin continues to decline, everyone's funds for the New Year will be affected. In previous years, the market usually rose before the New Year, but this year there is not much time left for the market.
First of all, once the trend is launched, it will not end easily. This is well known. The first red ⭕ is the position where the bulls launched the attack on the daily line. The moving average is golden cross, and the macd energy turns from red to green. The first adjustment is at the position of the first white ⭕. The first return to the position of ema30 on the daily line, and then the rise continues. Even if the subsequent dealer washes the market, it is also inserted to the position of the second white ⭕ at 94000, and it has not fallen below this moving average. It also verifies again that the bullish force is launched along this moving average.
That is, it has come to this position again, the third white ⭕, yesterday it was called 98800 to enter the long order, and I left at 102500. This operation uses the Vegas channel. Although it has fallen below 4 h channel, but the small cycle and the large cycle obey each other. I still think that this reason on the daily line makes sense, so from my system, I should do this wave of transactions. Although the risk is very high (the K-line pattern, top fractal, and rising channel on the daily line are all bearish), I don’t know right or wrong if I don’t enter the market. I still choose to be long in this wave. When his daily line falls below this moving average trend, I will consider loss. My bottom price is 96500. I hope you will meet at the top.
📉📉The market in the past two days has severely educated all the bulls! Especially the firm holders of the memecoin sector!
$ACT , $PNUT , $NEIRO The meme representatives of this round have broken down in the past few days! This is a weather vane, a weather vane for capital to turn! 🗑️🗑️
A very coincidental point is that these leading meme targets are the ones that the market seems to have the courage to make a choice after BA launched the ALPHA list of the wallet! When expectations are copied to the peak, when the story is told to exhaustion, the market always needs to turn!
USUAL, this ponzi-like model, once again shows the clustering effect to the fullest! Dare to chase, there will be results! In each round of the currency market, there are several plate-type model coins that can pull people into fomo. Of course, the final result is that a group of people will definitely pay for it, but the process is really beautiful. As for whether you are on the train or not, it really depends on your sensitivity and courage!
You still need to pay more attention to the market dynamics and capital flow. I feel that under such liquidity, there are really few general rises! Be brave to make changes!
#市场调整後的机会? Market risks are everywhere. $BTC , which just broke through 10w, fell again. The copycat stocks collapsed directly, with an average plunge of about 40%. There is still a lot of room for big bitcoin to fall, but the copycat stocks basically can't stand it and continue to decline. It will be difficult for the copycat stocks before the New Year this year. If big bitcoin continues to decline, everyone's funds for the New Year will be affected. In previous years, the market usually rose before the New Year, but this year there is not much time left for the market.
📉📉The market in the past two days has severely educated all the bulls! Especially the firm holders of the memecoin sector!
$ACT , $PNUT , $NEIRO The meme representatives of this round have broken down in the past few days! This is a weather vane, a weather vane for capital to turn! 🗑️🗑️
A very coincidental point is that these leading meme targets are the ones that the market seems to have the courage to make a choice after BA launched the ALPHA list of the wallet! When expectations are copied to the peak, when the story is told to exhaustion, the market always needs to turn!
USUAL, this ponzi-like model, once again shows the clustering effect to the fullest! Dare to chase, there will be results! In each round of the currency market, there are several plate-type model coins that can pull people into fomo. Of course, the final result is that a group of people will definitely pay for it, but the process is really beautiful. As for whether you are on the train or not, it really depends on your sensitivity and courage!
You still need to pay more attention to the market dynamics and capital flow. I feel that under such liquidity, there are really few general rises! Be brave to make changes!