5 laws of cryptocurrency trading in a bull market, remember!!! 1. Rapid rise and slow fall means accumulating chips Rapid rise but slow fall means that the dealer is accumulating chips and preparing for the next round of rise. 2. Rapid fall and slow rise means selling Rapid fall but slow rise means that the dealer is gradually selling and the market is about to enter a falling cycle. 3. Don’t sell at the top if there is a large volume, and run away if there is no volume at the top The top transaction volume is large, and it may continue to rise; but if the top transaction volume shrinks, it means that the upward momentum is insufficient, and you can leave the market as soon as possible. 4. Don’t buy at the bottom if there is a large volume, but you can buy if the volume continues to increase The bottom volume may be a relay of decline, which needs to be observed; continuous volume means that funds are constantly entering, and you can consider buying. Guanzhu public account: Xiaoxiong discusses coins, avoid wasting beautiful skirts 5. Speculating on coins is speculating on emotions, and consensus is trading volume Market sentiment determines coin price fluctuations, and trading volume reflects market consensus and investor behavior! #市场回调,观望还是上车? #美国零售销售数据即将公布 #XRP短线上扬
Financial markets often run counter to human nature, and the main players in the market are often experts who are well versed in human weaknesses. They not only understand the expectations of retail investors, but are also good at guiding retail investors into preset traps, causing most people to lose money - this is an indisputable fact in the financial market.
If you lack independent judgment and just blindly follow others, you are likely to become one of the 80% of losers.
Investment is directly related to the profit and loss of funds. To achieve ideal results, you must master professional knowledge in related fields. After all, wealth is hard-earned, and we must be responsible for our own funds and decisions. If you only rely on gossip to trade, the final result is often difficult to achieve.
Current price is 610. Yesterday, a new announcement was issued and the price was immediately smashed down. Currently, the 4-hour level is correcting, and the price is short at a small level. Today, the price is recovering at a small level. The pressure is 628.2. Only when the 4-hour level stands above this position, the correction is over. If the price continues to rise, the pressure above 637-644.2-651.4 will be noticed. If the 4-hour level cannot stand above 628.2 today, then all the gains are small-level rebounds. Once the price reaches the pressure level, it will still go down. The support below is 616-610-600 (the position of 610 is very critical. If the daily level falls below and the rebound does not come up, the daily level will start to correct)
FIDA is currently trading at around $0.2023, with a 24-hour high of $0.2266 and a 24-hour low of $0.1982. The BOLL indicator shows an upper band of $0.2441, a middle band of $0.2192, and a lower band of $0.1943.
Trading Signal: The BOLL indicator indicates a potential buy opportunity for FIDA, with the price hovering near the lower band. #新币挖矿&盘前交易USUAL #新币挖矿你参加了吗? #超级MEME周期?
The current price of pnut is 1.71. Enter the market with a light position and open a long position. Just reserve a position for replenishment! Stop loss is placed near 1.45! Take profit first to see 2 knives!
In this market now, only the strong will always be strong! So be bold! The current callback has been completed! The next step is to start the upward pullback! Charge!
How to get out of the trap? 1. Actively get out of the trap 1. If you buy the wrong one, especially if you buy the currency after a big rise, you must be ruthless and cut your losses early to protect your wallet. There are many market opportunities and the money is still there, so it is easy to turn over. 2. If the currency in your hand is not working and is still falling, then see which other currency is going to rise, and quickly change it to make up for the old loss with the new profit. 3. If you are deeply trapped and think it will fall again, sell part of it and buy it back when it is lower, so the cost will be lower. 2. Passively get out of the trap 1. If the purchase position is not high and you believe that the market will be good, add some money in several times, but don’t add too many times, the timing is very important. 2. If the whole warehouse is locked, there is no money to make up, and you are reluctant to cut it, then wait. As long as the money is your own, not borrowed, be patient, maybe one day you will get out of the trap. Remember, being locked in is not the end of the world. Don’t act impulsively, keep a steady mind, and opportunities will always appear.
The key to becoming a trend trading expert is to have a macro perspective and abandon the mentality of pursuing short-term small profits. For example, when you foresee that the market may usher in a big trend, if you hesitate because of the fear of short-term decline, you may miss the opportunity.
In addition, patience is an indispensable quality for trend trading. You must learn to wait patiently for major opportunities, rather than frequently trading in market fluctuations and consuming resources and energy for small fluctuations.
In the process of waiting, you should not be out of touch with the market, but continue to pay attention to market dynamics, perceive the market pulse, and avoid over-trading.
When opportunities arise, you must enter the market decisively; if the market trend is in line with expectations, you must hold on patiently and not rush to close the position because of a small floating profit, otherwise it will be difficult to achieve large profits.
BTC prices have soared, breaking through all-time highs and attracting the attention of global investors.
Recently, BTC's price trend is legendary. On November 13, BTC stood above the $90,000 mark for the first time, rising by more than 4% in a day, and then pushed the all-time high to $91,000 per coin, and even broke through $92,000 at one point. The year-to-date increase is more than 110%, and such a rise is remarkable.
The surge in BTC prices is not accidental. From the supply side, similar to the previous halving effect, the market generally starts about half a year after the halving. From the demand side, the market generally believes that the coming to power of President Trump, who is friendly to Bitcoin, is the main reason for the rise in this round of cryptocurrency market. At the same time, the Fed's interest rate cuts and institutions' continued hoarding of coins have also contributed to the rise in the market.
There is a historic surge, Bitcoin is skyrocketing, DOGE is skyrocketing, Meme continues to rise, opportunities are blooming everywhere, hurry up and get on board...
European market stage on November 14, 2024
The U.S. CPI data for October released last night was fully in line with market expectations and did not cause too big a stir in the market. However, data performance has increased market confidence that the Federal Reserve will cut interest rates again next month. The probability of a 25 basis point rate cut in December has increased to about 80% from about 58% earlier on Wednesday.
The gains in U.S. stocks faltered on Wednesday. The three major indexes collectively turned down at the beginning of the session, and then turned higher again. The gains narrowed significantly in late trading and the Nasdaq closed lower. The S&P 500 edged up 0.02%, the Dow closed up 0.11%, and the Nasdaq closed lower. fell 0.26%. The "Seven Sisters of Technology" had mixed gains and losses, and most cryptocurrency concept stocks fell back. Crypto markets are regaining momentum after a brief correction.
Bitcoin broke through the important mark of US$90,000 last night, reaching a maximum of US$93,265. It set a new all-time high and then fell back to US$89,586 as of press time. At present, the market value of Bitcoin has surpassed Saudi Aramco and become the seventh largest asset in the world. Meme coins continue to rise, leading all major sectors and becoming the focus of investors.
In terms of foreign exchange commodities, after the CPI was released, the U.S. dollar index first fell and then rose, rising to the highest level in 13 months since October last year, putting pressure on other currencies, and the offshore RMB fell below 7.25 yuan.
Oil prices rebounded on Wednesday and closed up more than 0.45%, hovering at two-week lows. The dollar and U.S. bond yields climbed, putting pressure on gold prices to fall for the fourth consecutive trading day, hitting a nearly two-month low. The CPI data, which was in line with expectations, increased the probability that the Federal Reserve would cut interest rates again in December, and to a certain extent helped calm market concerns about the outlook for inflation after Trump's election victory.
Currently, the market is focused on Thursday's PPI and weekly initial jobless claims, Friday's retail sales data, and comments from Federal Reserve Chairman Powell and other Fed officials.
In a bull market, it is crucial to hold positions. Even if the market experiences a sharp correction in the short term, it may rebound quickly, even double or triple.
The recent sharp market fluctuations are indeed anxiety-provoking and fomo-inducing, especially when seeing some people frequently show their huge gains. In the face of this situation, I suggest that if you feel too stressed, you can temporarily stay away from the exchange and reduce the frequency of watching the market, such as once every three days, to stay calm and rational.
In a bull market, almost all currencies will eventually rise, and market rotation is inevitable. Patiently waiting for wealth to grow is also an important personal ability.
PENDLE has made impressive progress after breaking through the $2.20 mark.
As bullish conditions continue, the target of $5.47 is now in sight.
Bitcoin's continued positive performance is expected to accelerate the asset's gains, and PENDLE is poised for significant gains as its momentum builds.
After breaking through the previous high, BTC continued the bull market's upward trend and continuously created new historical peaks. After a brief drop to 86,000, it quickly rebounded and successfully crossed the 90,000 mark, further refreshing the historical high to 93,000. The day closed with a full positive line, showing that the market's bullish sentiment is still very strong.
The recent market performance is like a runaway horse, so fast that many investors may be caught off guard and fail to seize the initial stage of the market in time.
However, there is no need to worry too much. The bull market is not just a one-sided rise, and the market will naturally have a pullback. When the pullback comes, don't hesitate, seize the opportunity decisively and enter the market bravely. In the wave of the bull market, the most critical strategy is to select the currency and hold it until the expected goal is reached.
UMA showed solid growth, finding solid support at $1.68 on the back of strong trading activity.
The path to the $3.80 target is promising, especially if Bitcoin continues to be bullish, which would significantly boost investor confidence and drive progress for the asset.
This wave of bitcoin has risen rapidly. Although it was expected, the rapid increase is surprising. Data shows that if bitcoin rises to $88,000, a large number of shorts will be cleared, because many large investors have opened short orders in the range of $69,000 to $73,000. The dealer is likely not to let go of this wave of funds, so the long orders at the bottom must be held firmly.
Here are some key points:
Standard Chartered Bank predicts that BTC may reach $125,000 by the end of the year, and SOL has the potential to set a new high. The fear and greed index has reached 80, which is in a quarterly greed state, close to 90 in March. The long-short ratio is 0.79, and there are still many shorts at present. The amount of liquidation in the past 24 hours is 724 million yuan. The US SEC has once again postponed the decision to list ETH spot ETF options on the New York Stock Exchange. Forbes pointed out that both Trump and Biden support cryptocurrencies, but there are still many uncertainties. Nvidia's financial report is about to be released, focusing on the AI sector, ARKM, WLD, FET, RNDR and other related stocks. CPI, unemployment data and speeches by the Fed chairman and board members will be released on Thursday, which is worth paying attention to.
For investors who have not established a basic Bitcoin position and wish to increase their long positions, the market often does not provide ideal entry opportunities. Sometimes, one can only watch helplessly as prices continue to rise, struggling to find the right moment to enter.
Due to the absence of decent market pullbacks, the risk-reward ratio for entering midway is not ideal, making it easy to trigger stop-loss orders due to market fluctuations. Therefore, a good position management strategy becomes particularly crucial.
When reaching a phased target, it is unwise to close all positions at once. Instead, one should wait for the market to pull back to a level where it cannot fall further, or gradually increase positions when the price breaks through resistance again. This flexible and cautious position-adding strategy is the most reasonable operational mindset. Through this approach, one can control risks while fully utilizing market fluctuations to increase returns.