After a period of strength, Ethereum started to slow down again. Bitcoin also weakened after rising to $71,000.
Those who have placed large short orders at this position for many times in a row can be said to have made a lot of money. Is Bitcoin at $73,000 and Ethereum at $4,000 really the top?
At present, the market has begun to generate inertia. As long as the market rises to this point, it will inevitably pull back.
The current result is indeed the case. Ethereum has failed to reach $4,000 four times on a weekly basis.
Faced with this data, the vast majority of people have already firmly believed it, and have even begun to evolve from long-term to short-term; they will not be trapped and can grasp the profit, so why not?
However, in the cryptocurrency world, short-term trading is a high-frequency and high-risk method, because it requires watching the market and requires strong technical skills. The most important thing is to integrate knowledge and action.
Short-term traders often stop loss and take profit. Either they sell too early and miss the big rise, or they buy in the middle of a decline and the price starts to rebound after they stop loss.
These are extremely detrimental to one's mentality. People without self-discipline cannot overcome human greed and fear, because few people can remain calm when real money is invested.
Especially if you are following others and have not thought through every step, once something unexpected happens, it will trigger the "little Yin person" in you.
It tortures you all the time, making you eat poorly, sleep poorly, and become extremely nervous, eventually exhausting you both physically and mentally.
Short-term trading can be right 99 times, but if you fail to strictly implement stop-profit and stop-loss once, you will return everything to the market with interest, because that is the money you earned by luck, and sooner or later you will return it to the market with your strength.
The entire market has been suppressed. No matter how favorable it is, it always fluctuates in this range.
No matter the market is bearish or bullish, there are no winners. Instead, many people have already started to lie flat, buying coins and leaving them there. Sooner or later, there will be a bull market.
This is the current mentality of many people. Because they don’t understand and don’t learn to improve, they can only passively accept reality and let themselves perish.
The mentality of cryptocurrency investors is very strange. They are full of confidence in making money at the beginning, but start to doubt when they encounter setbacks in the middle. In the later stage, they just give up when they are trapped.
From making money - profit taking - getting back the money - small loss - cut in half - I only want to get back the money
Basically, the only demand of many people from 2021 to 2024 is still: get back the investment
This is why retail investors spent countless tuition fees, hundreds of thousands, millions, and spent three years, just for this result.
Sometimes many people look back at their past actions and say: Idiot
Those who are in the know are always confused. As long as they keep their eyes on the gains and losses of the moment, they are destined to be "fools"
Finally, I have a short story to share with you:
The currency circle is all currency, and accounts are also currency
Looking at the account and talking about coins, this coin and that coin are all 100 times more valuable
Entering the skirt will definitely make you excited, and you will say something
Finally, when the bull market ended, we realized that this person was still at the top of the mountain.
More latest first-hand information, spot contract passwords, bull market layout, circle paper, etc.#etf以太坊 $ETH