11/24 early morning VIP pancake first wave: entered short near 98455, smoothly direct at 97400, gained 1055 points, 200 times 100 BTC, pocketed 95,700 oil↓
Do not buy after a significant increase in trading volume, do not sell after a significant decrease in trading volume.
Survival of the fittest! This is a world where rice is supreme!
Weekly stone plate summary from November 18-23:
Monday Big pancake: 8742 points! Tuesday Big pancake: 9345 points! Wednesday Big pancake: 6510 points! Thursday Big pancake: 8461 points! Second pancake: 102 points! Friday Big pancake: 8293 points! Second pancake: 211 points! Saturday Big pancake: 2113 points! Second pancake: 107 points!
This week's working days:
Total big pancake: 43464 points; Total second pancake: 420 points!
Congratulations to the new and old partners who kept up, and welcome to the new partners joining this week! 🤝 Also, thanks to the old partners for their long-term support!
If you succeed at the beginning, don't look for another way.
The market is currently in a fluctuating downward trend. Although it has experienced some minor corrections, this is just the accumulation of strength and strategic adjustments. The purple gold of the big cake has flowed to the second cake, and the latter has adjusted after the rebound. This move seems to be using the second cake to balance the adjustment trend of the big cake. Now, the rise of the second cake has been suspended, which means that the big cake may increase its volume and charge towards the 100,000 level!
Operation suggestions:
Big cake: 97500-98000 more, watch 99000-99500, and guard 97300
Second cake: 3400-3430 more, watch 3500-3550, and guard 3380
(The situation is changing rapidly, for reference only!)
Only by obeying the rules of the world can you have a place in this world! When I was young, I always had the naive idea of changing the world. When I grew up, I realized that only by adapting to this world can I survive!
Summary of the mid-week stone plate from November 18th to 22nd:
Monday Big Pie: 8742 points!
Tuesday Big Pie: 9345 points!
Wednesday Big Pie: 6510 points!
Thursday Big Pie: 8461 points! Second Pie: 102 points!
Friday Big Pie: 8293 points! Second Pie: 211 points!
Weekdays this week:
Big Pie total: 41351 points; Second Pie: total: 313 points!
Congratulations to the new and old partners who followed, and welcome the new partners to join this week! 🤝Also thank the old partners for their long-term support!
The MACD volume reduction continues the top divergence, and the DIF and DEA are still on an upward expansion trend. Overall, the strategy follows the conventional approach. Since the larger trend is bullish, it can be understood that all bearish indicators in a bullish trend can be qualitatively regarded as short-squeeze indicators. As a clear support after the dip, long positions can continue to be laid out.
Operational Suggestion:
Main Coin: 98000-98500 long, target 99000-99500, stop loss at 97800.
Secondary Coin: 3300-3330 long, target 3400-3450, stop loss at 3280.
(The market is ever-changing, for reference only!)
Investment must be rational. If you cannot understand it, do not engage in it.
The 4-hour candlestick chart for Bitcoin shows a high-level consolidation, with the candlesticks retracing to the EMA15 support line at 97100. The effective bullish defense line is at 95000, which can serve as an ideal entry point. The MACD indicator shows a reduction in volume, with a continuing divergence at the top, but the DIF and DEA lines still maintain an upward expansion trend. In terms of overall strategy layout, we should follow conventional logic, meaning that all bearish signals can be viewed as traps to lure shorts against the backdrop of a larger bullish trend. Therefore, after confirming the support level, we can continue to position for long orders, aiming to capture the subsequent upward movement.
Operational suggestions:
Bitcoin: Long at 97500-98000, targeting 99000-99500, stop loss at 97300
Ethereum: Long at 3300-3320, targeting 3400-3450, stop loss at 3280
(The market is ever-changing, for reference only!)
Successful traders must accomplish these three steps.
Step 1: Establish an effective trading system.
The so-called effective means 'positive return,' which, when executed over the long term, can truly generate profits.
Why do many people fail at this first hurdle?
Because many people lack sufficient patience, chase the market and operate randomly, without ever forming an 'effective' trading system. Before they even determine their trading system, they have already lost all their capital!
Step 2: Establish a good mindset.
What is a good mindset?
Do not be anxious. Being eager to make money will surely lead to losses.
Do not be greedy. Dreaming of making a fortune. The principle of heavy positions leads to certain death.
Do not be fearful. It is also not acceptable to hesitate when it is time to take action.
Do not avoid. When facing losses, one must be brave enough to cut losses. There is never a wrong time to cut losses.
Step 3: Establish consistent execution power.
Some people, even if they have established an effective trading system, cannot pass the execution hurdle.
The core issue still lies in a lack of deep understanding of the trading system, which leads to hesitation or doubt during the execution of the trading system.
Therefore, it is still necessary to enhance one’s understanding of the trading system, trust the trading system immensely, and achieve 'unity of knowledge and action.'
Too optimistic people have no brains, while too pessimistic people lack reason.
The daily chart of Bitcoin continues to show a rising trend with consecutive bullish candles, and as we approach the weekend on Thursday and Friday, it is not unreasonable to see some price action before the weekend slows down for a correction. Therefore, the current 100,000 level will not be a strong resistance point; it just requires an opportunity to break through 100,000, which should not be difficult.
Looking at the current 4-hour chart, the Bollinger Bands are showing an upward movement. During the midday session, the candlestick reached the upper Bollinger Band and then pulled back, indicating that this price action, which saw a nearly 1,000-point adjustment, is merely a pullback. The candlestick is still supported by the EMA7 indicator and shows no signs of breaking down. In this scenario, there are still opportunities for further upward movement in the short term, so continue to pay attention to the 100,000 level.
The market is ever-changing; specific trading operations will be provided by the stone plate!
Will BTC break through its previous high and soar to 100k dollars? Will you be surprised?
Is there a possibility for the market to continue breaking through 100k this week? How likely is it?
In my personal view, the probability is very high. Based on the current trend, breaking through the previous high is likely to happen this week, and after that, we will see a pullback in the last few days of the month, with the monthly line closing with a big bullish candle, welcoming the next month's increase.
In the current market environment, classification of different types of players:
Stable Value Players:
Assets Held: BTC, SOL, BNB
Characteristics: These players focus on assets that have shown stable long-term performance, emphasizing fundamental analysis and assessment of future potential.
Innovative AI Players:
Profit Sources: IO, GRASS, TAO.
Characteristics: This type of player actively explores emerging projects, often relying on artificial intelligence and innovative technologies, seeking high-risk, high-reward opportunities.
Flexible On-Chain Players:
Assets Held: GOAT, PNUT, BAN, RIF.
Characteristics: These players can quickly respond to market changes, focusing on on-chain data and real-time trading, demonstrating sharp trading abilities.
Crypto Circle Psychological Counselors:
Assets Held: Ethereum (ETH).
Characteristics: This type of player not only focuses on their own investments but is also a staunch supporter, providing psychological comfort.
The following content is all dry goods. If you read it patiently to the end, you will definitely get rich!!!
King of Public Chains: ETH, a high-performance smart contract public chain. The development of L2 is gradually solving the high GAS problem. After transitioning to POS, it continues to solidify consensus, and its future market value is likely to exceed BTC.
Leader of the Crypto Circle: BTC, the true leader of blockchain cryptocurrency. Although its price increase is relatively small, its advantage lies in being stable enough and serving as a store of value. It is the best investment target for large funds and coin holders.
Oracle: LINK, LINK is the dominant player in the oracle space, its significance to blockchain is equivalent to that of the internet to computers. Oracles can enrich the application scenarios of blockchain, and the future potential is vast.
Leader of Exchanges: BNB, and the universe bank. As the largest cryptocurrency exchange in the world, its ability to make money is comparable to that of a money printing factory. It has funds, resources, connections, and innovation, and its future value is limitless.
MEME: DOGE, it has no intrinsic value and mainly relies on consensus. As an irreplaceable MEME leader, it still has speculative space and the narrative of breaking one dollar.
The currencies mentioned above are not meant for you to buy right now; you can add them to your watchlist for key tracking and buy in batches during corrections.