In the past half month, the total profit of the account has been fluctuating around 300,000 yuan, which is enough to show how boring this market is.
For those who do short-term trading, this is very difficult. No matter whether it is spot or contract, if you do short-term trading in this kind of market, you will eventually find that the price remains the same, but the funds in your hands are getting less and less.
I clearly thought that I would sell after a surge and then buy back after a surge. However, I discovered that this was not the case. I bought in just as the price rose a little, and then it fell. After the fall, I was afraid and sold it, and then it went up again.
This has been going on for the past few months, and those who thought they could make a lot of money by short-term trading have been clearly fooled.
Originally, those who did short-term trading were doing it at the daily level or the 4-hour level. However, the trend in the past few months has made me further shorten the cycle and start looking at the 15-minute and 1-hour levels.
Why do we need to shorten the cycle? Because we are afraid that we will be trapped if the market falls again before we sell. So before, people may have been more patient in short-term trading, but now they sell immediately when the market rises a little.
Why has the market fluctuated for four months? Why has the market not risen sharply despite various good news, but it has also not fallen sharply?
In fact, all of these are traps set by the main force to cultivate the thinking of leeks.
In this way, we can let the "leeks" form a mindset, making retail investors believe that the market will fall if it rises a little, and if you don't sell, the market will fall, so you must sell when the market rises a little.
Just like in a bear market, the main force will cultivate bear market thinking among retail investors, and the rebound is for a better decline. So last year in 2023, every time there was a wave of increase, retail investors thought there would be a big drop. As a result, they watched Bitcoin rise from US$15,487 to US$70,000.
At present, a wrong mindset is also being cultivated among retail investors. In the early stages of a bull market, the main force will use market trends to cultivate the mindset among retail investors that they must sell their stocks when the market rebounds, making them believe that the market will not go up and making them dare not hold on for a long time.
Only when the vast majority of retail investors have formed such thinking, and have the ultra-short-term thinking of selling as soon as the market rises, can the main force collect more chips, and the train to the bull market will be lighter, faster, and go further.
As for whether it is a bull market now, I have no doubt about it.
The approval of Bitcoin ETF and Ethereum ETF means the landing of the entire blockchain industry. The cryptocurrency circle is no longer a niche circle, but an internationally recognized potential industry.
The approval of ETFs means that the entire traditional industry and the stock market are directing traffic to the cryptocurrency circle, advertising, and attracting funds.
Another positive factor on the funding side is the Federal Reserve’s interest rate cut. The interest rate hike cycle has ended and we have now entered a rate cut cycle. The next rate cut is a certainty, and a rate cut will be a long-term positive for the entire financial market.
To put it bluntly, interest rate hikes create a bear market, while interest rate cuts create a bull market. This is the cyclical law of the financial industry.
However, many people are confused by the short-term trend and always think that if there is no rise after the good news, there is no market.
To be honest, if prices go up when good news comes out and go down when bad news comes out, then what is the need for professionals? Anyone can make money by hearing the news.
Therefore, as long as you believe in the rules and can see through the essential rules of the entire financial market, you must ignore the traps set by the main players during the period.
In fact, the bull market is from point A to point B, just like in the last bull market, the lowest price of Bitcoin was US$3,500 and the highest price was US$69,000. If you can grasp the period from A to B, you can make money. However, most people make wrong choices because of the fluctuations during the period and their changing mentality due to the ups and downs of the market.
Finally, I would like to leave you with a sentence: "There is never a shortage of smart people in the financial market, but only wise people can achieve long-term profits.
Observe Bome, Ordi, XRP, JUP
Keep up with the pace, more
Don’t rush for spot contracts
See step introduction for details
