Even with 10 million, you have to hold the position until you break even...

First impressions: I believe it will drop; right now the whales are deliberately pushing up to force a short squeeze, and the main force is holding it up. I think it will rise; I wouldn't believe it if it doesn't rise. I will hold the position; it will definitely rise. With so many positive factors, how could it not rise? Right now, be wary of intentional drops and mass liquidations. This is a classic first impression bias. To put it bluntly, it's stubbornness; unwilling to admit defeat, the market changes rapidly, and we can't just think, feel, or believe. When the market changes, our thinking must change promptly! If wrong, admit it and stand tall! There are too many people like this.

Don't you ever think that the trend has already reversed, yet you still want to operate in the opposite direction?

How to determine if you are doing the trend correctly? People need to learn; if you don't know something, you have to learn. Otherwise, what is the difference from being a salted fish?

Here is a mirror to see who it is.

The current trend of Ethereum is very clear, and it has also provided a good reversal entry opportunity.

Another way is to use moving averages to observe trends. Simple and straightforward.


The components of a trading system are relatively simple. This system uses MA60 and EMA30 as indicators.

Trend judgment: If price > EMA30 > MA60 is arranged in that order, it is considered a bullish trend; conversely, it is a bearish trend, and other situations are judged as a sideways trend.

I consider the price range formed by these two moving averages as a safe price range. The further the price is from the price range, the stronger the trend (the same applies for bullish and bearish trends).

Entry point: I personally prefer to enter when the two moving averages cross or during a pullback after experiencing a one-sided trend (the same applies for both bullish and bearish).

As shown in the picture, it is a strong bullish trend. If you entered at the first entry point and held it long-term, there would be a very good return. If you indeed missed it, you could enter at the second circle for a short-term trade, which still has some profit potential. By the last yellow circle, the price has already fallen below the MA60 line, so it is not recommended to enter for now. You can observe while holding no positions.

Overall, after nearly a month, there were two relatively certain trading opportunities, one of which was a chance for a big market movement. During the process, the price was very strong and never touched the EMA30. A positive wave could yield nearly $10,000 in profit.

As shown, if the price crosses upward and frequently touches the safety zone, it is advisable to avoid trading, as the market is not particularly clear. I would choose to give up the opportunity.

Of course, many friends can't hold back the boredom, thinking that there are only two trading opportunities in a month, which is too slow. Of course, you can switch the time frame to 1 hour, 15 minutes, 5 minutes, or 1 minute. After switching, the trading frequency will increase. But at the same time, the accuracy of the indicators will decrease. There is a coexistence of risk and reward. Shorter time frames may enter the market faster, but there is also a greater chance of being hit by sideways price action.

Take profit and stop loss: I personally prefer to use the ATR from the Turtle Trading method for setting take profit and stop loss. Based on a risk-reward ratio of 1:2 to 1:3, set take profit and stop loss accordingly. However, due to Bitcoin's high volatility, I personally suggest setting stop loss at 1-1.5 ATR, and take profit can go up proportionally.

Regarding indicator selection: Many may wonder why I use EMA and MA as indicators separately (many experts use either MA or EMA uniformly). EMA is more sensitive to price than MA, and as one of the trend judgment indicators, it can quickly enter a trending market. Testing shows that EMA30 compared to MA30 can lead a trend by 2-3 candles. MA60 emphasizes its lagging nature. Of course, you can also use EMA10 and MA30; the numbers don't matter as long as you choose what fits you.

Some friends may add an EMA12 line for an extra layer of filtering, which is fine; just do what feels comfortable.

This indicator contract is compatible with both spot and futures, and everyone can use it. The indicator does not guarantee a 100% win rate; one must remember that a moving average crossover does not necessarily indicate a trending market, but a trending market will definitely show a moving average crossover. Set proper stop-loss for every trade and strictly test it. Do not miss any opportunity. This is probably the core self-discipline of a trader.

If you genuinely want to make money in the crypto space, follow the comments from 168 to learn useful knowledge, including some books.

Recently, I have also been laying out spot trades and doing short-term contracts.

#重大空投观察 #市场回调抄底还是观望？ #加密市场回调

$ME $USUAL $CTXC