November 26, 2024 08:00-12:00
Hello brothers and sisters, here is a work report:
Today, while checking the square information, I saw many people have either exploded their accounts or are about to do so, losing hundreds to thousands of U.S. dollars, even tens of thousands. If you're used to stop-losses and gambling, what's the difference? It has been said to be bearish but not to short, do not go against the big bullish trend when trading, and always think from a global perspective on how to trade.
Without a complete structural system, trading randomly and following others blindly,
you don’t even know if the trades others are calling have risks. Only by improving your own understanding can you solve trading problems, which is the key to financial freedom.
Can you make money just by being in the financial market? Then why are there still so many people without financial freedom? It shows that relying solely on following others cannot solve your problems. Only by improving your own abilities and mastering your own system can you trade well.
Global Perspective:
The overall market weekly structure has disappeared, the monthly structure is complete, a pullback is in progress, altcoins have collectively turned weak, the altcoin monthly structure is complete, and the altcoin quarterly structure continues to hold, a collective pullback of altcoins will occur.
Be bearish but do not short, take profits on the rise.
Overall Market Summary: Pullback in progress
After the price tested upwards in the 4-hour chart, it encountered selling pressure at the market levels of 99000 and 100000. Although selling pressure is weakening, it is still significant. Selling pressure remains effective, and the market continues to look for a pullback. The daily and weekly supports are effective, short-term pullback, mid-term bullish outlook.
Market Weekly Structure: Weekly structure has disappeared
Market Monthly Structure: Monthly structure is complete
Ethereum Overall Summary: Divergent rise, about to pull back
In the 4-hour chart, the price has risen and then fallen back. The structure shows selling pressure at 3400, 3500, 3600, and 4000, with a bearish trend emerging, short-term pullback, mid-term bullish trend.
Ethereum Weekly Structure: Weekly structure has disappeared
Ethereum Monthly Structure: Monthly structure is complete
Overall Structure of Altcoins: Waiting for pullback to buy
Monitoring Range: 330 altcoins on Binance
Comparison of yesterday's and today's structures:
Weekly Structure: 269/50 Quantity reduced
Monthly Structure: 216/220 Quantity increased
Weekly/Monthly Structure: 208/50 Quantity reduced
Judgment range for the start of the altcoin quarterly:
Monthly structure greater than 150, or weekly/monthly structure greater than 100.
Recently, I am offering free help to 10 people to build your own trading system. If you need it, please refer to the thank you letter for details.
Note ⚠️ All the trades mentioned are personal experiences and should not be considered as investment advice. Trading involves risks; please proceed with caution.