Bitcoin is currently priced at 67100. From a short-term perspective, Bitcoin has been fluctuating in a small trading range between 66500 and 68000, with high points continuously lowering and low points increasingly rising, resulting in smaller amplitudes. A direction must be chosen. Looking back at the larger time frame weekly K, the same statement applies: the bull flag channel breaks and retests. The short-term trend follows the long-term trend; as long as it does not break below the channel with a solid entity, around the position of 65800, I remain firmly bullish. Checking back to the daily chart, the previous high points are also around 65800, and both structures validate this strong support level.

Although I am firmly bullish, if Bitcoin falls to around 65800, there still needs to be a sense of crisis for long positions.

Once you're in, just set a stop loss and wait patiently for the blooms to come. #BTC☀

Bitcoin's current price is 67,550. Yesterday, when Bitcoin was at 69,500, it experienced a classic breakout and pullback, cooling down the market. It is expected to return to the extreme of the bull flag channel around 66,000, which was also reached at 8 AM this morning and is a four-hour support level that has been tested three times without breaking.

The market runs in segments, and in the next two to three days, it will slowly oscillate before attacking the 69,500 position again. As long as it doesn't break below the bull flag channel on the weekly chart, the market will continue to extend.

I had considered this segment of the market, but I couldn't bear to part with most of the profits and chose not to exit, holding onto a sense of luck, which resulted in a small loss after all profits were given back.

Unlike the breakout in August when Bitcoin broke through 70,000 and made three wedge pushes, that time I closed the position and then went short, ultimately making a good profit. I still advise everyone to trade according to their own principles and not to hold onto any sense of luck; practice what you preach.
#BTC☀

I found that 99% of retail investors have a rather fatal bad habit. After buying long orders, once the price starts to fall, they are reluctant to close their positions, always hoping to wait for a rebound before exiting. Or they will not set a take profit when the price of the currency is high, and will not set a stop loss once the price drops a little. As a result, the price falls all the way, and they lose the opportunity to turn the situation around, and then they will blame themselves for missing the opportunity to close their positions. As the price gradually falls to an unbearable level, no matter how much money they made before, it will be gone, and the loss will be unbearable.

This behavior is by no means the right way to trade. As long as you don't set a stop loss, even if you have made a lot of profit before, once a mistake is made, everything will be gone. I have studied that all people who perform well in trading will decisively stop loss when they make mistakes, admit their mistakes in time, and start over. I am the same. Unless I am extremely sure, I will not easily add investment. Therefore, before each transaction, I will make a clear stop loss plan to avoid a mistake that will lead to a total loss. This is the quality that a mature trader should have.

Therefore, every suggestion I give will include a stop loss point. Trading is a lifelong activity. If you want to survive and develop in the market for a long time, you must get rid of this fatal bad habit and set a stop loss plan in advance before each transaction, instead of fantasizing about "waiting for a rebound before exiting" after the price falls.

#BTC要挑战7W大关了吗？

The current price of Bitcoin is 69,300. The current short-term market has tested the position of 69,500 upwards many times, but it has not gone up. The support position of 68,900 has also been tested twice. It was also broken through at this position before, forming a support-resistance exchange. Every time it reaches, it will rebound quickly, and the buying power below is sufficient. The recent market is mainly low-to-long.

Of course, when Bitcoin breaks through the previous high for the first time, don't rush to buy more. There will be a large number of shorts and locked-in disks, and there may be a very long upper shadow line. At present, the weekly K bull flag has been broken, and the horizontal resistance will be greater than the oblique resistance. Wait for the breakthrough of 74,000 and the violent bull will come.

For small coins, APE and DYDX took off because of good news. From the trend point of view, NOT and MOVRU are very similar to BOME some time ago, waiting for the wind to come.

#BTC要挑战7W大关了吗？ #NOT还会上涨吗 #MOVRU

Ethereum's current trend: The lows are getting higher and higher, and it has been rising along the rising trend line. It has been testing the pressure zone of 2673~2688, and the shock is getting smaller and smaller. There will be a good wave of gains soon. #ETH🔥🔥🔥🔥 p

The current price of Bitcoin is 68400. It has broken through 68000 to 69000 and then stepped back. There is no market on the weekend, but there is a top divergence in 4 hours. I hope it can be digested by falling sideways. As long as it returns to 68000 at a small level, you don’t have to worry about shorting and buy directly. In addition, the weekly K line closed for two days and closed above the channel mentioned above. It is estimated that it will go straight to 73000 and will not look back.

The last time the sector rotated, it was also mene, then refining, and then to inscription. The old friends of inscription must have waited for a long time. The wind is coming soon. Just hold on. #BTC突破7万大关 #铭文三傻

The cryptocurrency world is a magical place: I recently listened to the trading experience of many group members in the past year, and I was deeply touched. They did not escape the high point in April, which became the biggest grievance in their hearts. The profits of several times were violently returned. What is left is endless regret and annoyance. As a listener, I don’t know what to say: in a few words, it’s a pity.

By the way, the big cake will soon hit 70,000. #BTC要挑战7W大关了吗？

Bitcoin's recent market fluctuations are quite obvious. It rebounded from yesterday's lowest point near 66,700. The short-lived rebound failed to continue, and then the price fell back again and formed a double bottom pattern. This pattern usually indicates a potential rebound opportunity, and the breakthrough attempt this morning shows the positive sentiment of the market.

Currently, the price of Bitcoin is close to 68,000. Although it has not completely broken through the previous high, multiple tests of this level show strong buying support. If the price successfully breaks through 68,000, the target may quickly extend to 69,000 or even higher. This breakthrough is not only technically critical, but may also stimulate market sentiment and trigger further buying.

In addition, the low point of the price correction formed an upward trend line, combined with the top resistance, forming a bullish ascending triangle. This pattern usually indicates subsequent upward momentum, especially in the case of sideways trading at high levels, and it may break out at any time.

However, it should be noted that today is Friday, and the market activity may decrease after entering the weekend. Usually, the volatility is small on weekends, and the possibility of continued rise is relatively low. But from the daily chart, the current price is at an important historical key point. Once it breaks through, the bull market may restart and market sentiment will rise accordingly.

In general, the current shape and position are very favorable for bulls. If 68000 can be effectively broken, the market may usher in a new wave of rises, otherwise it is necessary to be cautious about possible pullbacks. Keep an eye on market dynamics, especially when breaking through key levels, which may bring unexpected opportunities. #BTC要挑战7W大关了吗？

I would like to share my catchphrase with you: If you don’t understand technology and can’t read the market, you will always be led by the market’s main force when listening to news.

The main force supports various media behind the scenes, and they have the final say on the release of news from various companies. The news you hear is always what the main force wants you to hear, not the real future trend of the market.

As a retail investor, if you want to share a piece of the pie with the main force, there is only one way, that is to analyze the market’s long and short forces in advance through the market trend and judge the main force’s movements in advance. #BTC☀

Look at the weekly K-line this week. The big bull flag on the weekly K-line is about to break through. It has been consolidating for more than half a year. There are enough chips in the range. It is unimaginable to pull up. At the worst, it will rise in an equal distance. The previous one is 43,000 to 73,000, which means that at least 100,000w can be seen.

Now it has reached the previous high of the daily line. It is normal to have short-term profit-taking and air force efforts. Wait patiently for a breakthrough.

In fact, there is nothing to analyze now. You don’t have to worry about being trapped if you go long as long as you have a small leverage and low long.

I wish you all get the results you want in the bull market later
#BTC突破6W6

I have to live on the funding rate, and the manipulation is serious.

#REEF #BTC☀

If you follow the live broadcast last night, you will make money. It's just the beginning, don't worry. 17890510874

At present, the big cake is still under the pressure of the 4-hour downward trend line, but the bulls are strong, and there are a lot of buying orders below. The K-line shows that the bulls are unwilling to give up this attack. Yesterday, it only fell briefly to above the support level of 61,800, and the bulls continued to exert their strength. Now the shock is getting smaller and smaller, and it is about to break upward, so hold the long orders.

Yesterday, the three coins that were withdrawn from the square live broadcast, Bome, Ena, and Turbo. All have good market conditions. The banana, turbo, and dogs pushed by Twitter space the day before yesterday are also on the list.

By the way, the old mene pepe floki is really not as good as these new ones this round, neiro turbo, I have said before that buy new and not old. #BTC☀ #Turbo #bome潜力无限

The hourly line of the big cake fell below and then recovered like the daily line of that day. These are all smoke bombs of the dog dealer. Don't believe these smoke bombs when the real bull market comes. Good and bad news are all drama. Hold on to your low-priced chips.

#BTC☀

Selling in the cryptocurrency circle is the most difficult. The difficulty is not the method itself, but your reluctance to give up profits and your greed for more money. However, people who have not experienced the entire cycle of bull and bear markets do not know this.

For example, in the bull market, your assets reach 10 million, and after a night's sleep, they reach 7 million. You will sell or not. Newcomers will definitely not sell, because they feel that they have lost 3 million.

Old people who have lost money will definitely sell, because they feel that they have earned that 7 million, and the 3 million is just taken back by the God of Wealth, so just regard it as an offering to him.

Many people join some groups, and every time the group is very lively, they start to ship. This indicator of shipping must be accurate. When most people make money and are excited, it is time for you to withdraw.

But don't rely on this indicator to buy at the bottom. The emotion of fear and loss is difficult to quantify. A drop of 10%, 20% or 50%. It seems to be about the same. #BTC☀

Bitcoin is currently suppressed by the 4-hour downward trend line. We still need to wait patiently for a break. When the price of Bitcoin reaches 65,000, a large number of shorts will be liquidated. Therefore, there is no reason for the dealer not to break through to this position and blow up these shorts. The worst result is a false breakthrough to this position, and then a long upper shadow line is closed, which turns into a short trend. The bulls will accumulate strength to break through again, so there is no reason for short-term players to close their positions at this position. The long cycle is still bullish.

Last time, Twitter space asked you to recommend four coins, banana, turbo, dogs, and pepe. Three of the four have already pulled up by about 20 points. I also added to turbo. I entered the market at about 61, and then added to the position at 75. When it was about to reach the previous high of the daily line at about 92, I closed part of the remaining bottom position.

In the near future, you can still pay attention to the ENA coin. The 4H bull flag broke through and stepped back to the extreme value of the range. There are two entry structures. It is estimated that there is still more than ten points of space to break through, but there will be a lot of unlocking in the near future, so there is still a certain risk.

#BTC☀ #banana #Turbo

banana This coin has been moving up along the moving average yesterday, with the lows getting higher and higher. There is sufficient buying, and it has tried to break through many times. When it reached the previous high of the daily line yesterday, the dealer also staged a wave of wash-out drama, and then pulled it up and continued to hold it. It ranks fourth on the list of gains today, and may become a big bull coin.

#banana
#BTC☀

After the live broadcast last night, the big cake went as expected. Now the falling position ahead is 61300, which is oscillating and then breaking through. The upper pressure is about 64300, and the support is around 61300. Now it is in the middle section. It is not suitable to go short or long here. The profit and loss ratio is 1:1 (short-term). You can wait for a slight correction before getting on the train. There will be a large number of shorts liquidated near 64500, so this price is likely to be reached.

The big cycle is still bullish, the big bull flag on the weekly line, spend the weekend safely and continue to rise next week #BTC☀

Many newbies don't understand what burning the pool means, what locking the pool means, and what the difference is between them.

Let me give you a very simple example.

When the project party opens the market, it will put the initial pool, about 1E, into a safe, and then everyone's purchase is equivalent to depositing money into this safe.

This 1E is equivalent to the start-up capital of your company.

The meaning of locking the pool is that although the project party has put this 1E into the safe, the project party still has the key to the safe. He can unlock and lock it at any time, even if it is locked for 10,000 years. He can open it at any time with the key and take away all the E in the safe at any time (including the deposits made by everyone). At this time, the coin will be completely reduced to 0, and there is no hope at all.

What is burning the pool? The same principle as above, burning the pool can be understood as the project party has lost the key to the safe, and no one can open the safe.

No matter how you take it out, there will be 1E left in the safe in the end, which is equivalent to the start-up capital of your company will always exist, even if the price of the coin falls, there is still a chance to make a comeback. #6万保卫战

今日动态

1. 富达正在计划推出其首支通过区块链交易的货币市场基金。
2. 加密衍生品交易所Bitnomial起诉美国SEC，质疑其对XRP期货的监管权。
3. 普华永道：近一半的传统对冲基金正在涉足加密货币。
4. 美国参议员发布关于稳定币监管立法草案，与众议院的稳定币法案框架相呼应。
5. OKX宣布成为全球首家获得阿联酋完整运营许可证的加密交易平台。
6. 赵长鹏：将以个人身份参加10月底在迪拜举办的币安区块链周。
7. 特朗普家族加密项目WLFI在路线图中披露其计划以15亿美元估值筹集3亿美元。
8. 比特币矿企Iris Energy因涉嫌虚假陈述其向AI转型的设施能力引发投资者诉讼。
9. Peter Todd：被HBO纪录片错误指认为“中本聪”会给我带来安全风险，尚未决定是否起诉。
10. 韩国将考虑解除对现货加密货币ETF和加密交易所机构账户的禁令。
11. 泰国SEC新规草案允许共同基金和私人基金投资数字资产。

#6万保卫战