In the world of trading, understanding is crucial. Although many people have been working in the field of trading for 20 to 30 years, they still fail to understand its essence. Trading is as difficult as climbing to the sky, and its tortuous road is like the path of practicing Buddhism.
I also studied day and night for eight years before I finally realized something: In 2016, I first got involved in the cryptocurrency circle. I thought it would be a natural thing to operate based on the experience of foreign exchange and the market, but I didn’t realize that the cryptocurrency circle has its unique fluctuation trajectory and characteristics, and I suffered losses.
From 2016 to 2020, I was deeply involved in the research of technical indicators and entanglement theory, and I went astray. I wasted two years in vain, trying to find the 100% certain opportunity, pursuing the lowest purchase and the highest sale, but the result was unsatisfactory!
In 2020, I began to contact trend theory and embarked on the right path. I learned the breakthrough trading method of "buy high and sell higher", but I went astray and tried to distinguish true and false breakthroughs and screen trading opportunities in order to improve the winning rate. This is the wrong direction.
In 2021, I realized that there is no need to distinguish true and false breakthroughs, give up looking for certainty and high winning rate, and just make a bold breakthrough as long as the profit and loss ratio is high.
In 2022, I practiced a lot of brainless breakthrough trading, both long and short, but ignored the general trend. As a result, false breakthroughs occurred frequently, making it difficult for me to stick to the breakthrough trading strategy.
In 2023, I realized the epiphany of "unity of knowledge and action". The secret lies in position control, light position operation, keeping calm about losses, daring to act, and daring to hold floating profit orders, but at this time I have not yet realized the importance of the general trend.
In 2024, I completely realized the importance of the general trend, became a general trend cycle trader, and was promoted to a long-term trend trader. I no longer blindly trade long or short, but first determine the general trend, only go long in a bull market and only go short in a bear market, firmly moving in one direction, and holding long-term positions for a few months to a few years.
The above is my trading enlightenment journey, to be continued...
According to the rules of the 21-year bull market, it retreated about 10% after the first new high. At this time, it is in an atmosphere of extreme fear, and the rules have been broken. The bad news is good news! The Mentougou incident is coming to an end. In the near future, there will be news of large-scale institutional purchases. This news is often released only when the market reacts. If you eat the fish head, you will pay the price. Build a position according to your own situation!
69350 more, 2498 more, target 72000, 2600 is the current price! Jumping back and forth before the election, waiting for opportunities is important, enter more again!
This pullback is the market selling off due to uncertainty around the election! Just one step away from the new high, the coin price chose to drop sharply, exceeding most people's expectations; the more everyone concentrates in one direction, the more dangerous it becomes!
However, after a severe drop, there will be overselling, and we should not chase shorts anymore; focus on entering long positions, set up on the left side, and wait for a V-shaped reversal to exit!
More than 68900, more than 2470; targets 72000, 2600!
This round is bearish from 73000 to 71000, and those who chased high have already been liquidated. The pullback cannot break below the 70K level, otherwise the upward channel will be damaged!
Especially Ethereum, which has seen a significant decline, it’s like an incapable ruler, the future layout is mainly bullish, the situation has changed!
Current position: 70300 long, 2515 long, target 72200, 2620!
The ideas provided in the past two days are empty. 73100 and 72800 have given three signals to go short. This round of retracement has reached a low of 71500, and it is still in the retracement phase. Liu Gongzi's win rate is 80%, with evidence, truth, and time points!
The bullish trend has temporarily slowed down, and the primary strategy is to focus on short positions. Enter long positions after a pullback, which is the best approach!
On August 5, Bitcoin bottomed out at 49,000 and expected to reach 73,000. Both opinions were very clear and predicted the upward trend in time, which can be rated as the best opinion of the year!
Figure 3:
On August 28, it was said again that it would reach 73,000. Now, at this moment, the price has returned to the high point of the first half of the year!
Ethereum is strong, and a reversal is not far off. Bitcoin and Ethereum at high levels can still continue to engage in shorts, allowing those who suffered losses in previous low positions to chase. We are leading the direction!
Mr. Liu was still monitoring the market at dawn, continuously fighting on the front lines. Capturing trends is not based on luck; responsibility and skills are also very important!
At dawn, timely high-altitude strategies were provided. Regardless of whether you follow or not, I take every friend who trusts me seriously!
The market is currently in a state of extreme greed. No matter how you have performed before, please face the current trend and treat it rationally. Don't get caught in a floor short and then enter a ceiling long!
It is necessary to mention my latest viewpoint, which is what a professional trader should do!
I am now the most daring trader to go short in the world, as I have been bullish all the way up and have achieved significant results, treating it lightly and judging rationally!
At 73100, I have already attempted a high position short and publicly announced it at the first opportunity. If the market trend aligns with my viewpoint, I will increase my short position!
If you are confused at this moment, please immediately correct past mistakes; time waits for no one!
The general election will be held on the 5th, and there will be crazy hype about this news in the next few days. I have made preparations to deal with it and maintain my independent thinking. Once an opportunity arises, I will buy without hesitation and will wait patiently!