Brothers, it's regrettable; The peak of the big pancake in 2024 is fixed at 108,366, it can’t go up anymore. Now it’s not a retracement 👎, it’s a certain correction. There won’t be any previous highs before the end of the year. Accept the market adjustment; every December during Christmas is a period of adjustment, and I’ve always been thinking of ways to avoid it. I originally wanted to catch a quick stretch after the interest rate cut landed, but last night Powell came out and talked a lot, causing panic in the market which led to adjustments. Indeed, adjustments are needed; after all, from breaking the previous high of 73,000 to pulling up to 88,000 on November 11, and then to the highest of 108,350 on December 17, we saw a rise of 10,000 dollars over a period of 35 days, which has now ended. In the short term, don’t bottom-fish, don’t bottom-fish, don’t bottom-fish. For those who bought earlier, the maximum retracement is 10% stop-loss. Reduce your position by half, then take a good rest for a few days. Corrections are not scary; what’s scary is a gradual decline. After a gradual decline, there will definitely be a spike. Don’t buy unless there’s a spike to recover the chips. At least wait for 3 or more 4-hour spikes to consider bottom-fishing, limited to buying physical goods. Brothers in contracts, just hold your hands this month, don’t rush to bottom-fish, or it’s okay to turn bearish as well.
Today's morning market analysis; Brothers and sisters analyzed two trend lines for everyone in the live broadcast last night, so today I will use these two trend lines to analyze with you and teach you how to use the moving average to identify the trend direction.
1: First, the 28-day moving average can be used as a large-cycle trend line. As long as the coin price is still above 28, it means that the upward trend has not ended. Every callback to the moving average price is your opportunity to buy.
2: The other is the 14-day moving average. When the price of the coin is above the moving average and is far away from the 28th, you should refer to the 14-day moving average at this time. When you step back on the 14-day moving average, it is time for you to buy.
3: In terms of cycle use, it can be divided into two time periods. If you use it at the 12-hour/daily level, it will be more accurate to judge the trend direction, because the small cycle changes the large cycle. Once the 12-hour trend breaks, it will quickly change the daily level trend. If you are still waiting for the daily level to break at this time, you will be late to escape the top.
4: When the 14-day moving average is the first to fall below the 12-hour level, then the 28-day moving average is the position where you take delivery and enter the market. If the same order price directly breaks through the 14/28-day moving average, whether it is 12 hours or daily, then you should pay attention to risk avoidance, and every time the currency price rebounds to the upper 14/28 moving average, it is the best position for you to short-term operation or reduce your position.
Core summary: At present, Bitcoin has fallen below the 14/28 moving average at the daily level, and the 12-hour level has not broken through the 14/28-day moving average. It can be judged that it is just a rebound. How to judge the reversal, then the breakthrough must be completed in 12 hours first. The Bitcoin price must break through and stabilize at 96,000 to be considered an effective breakthrough. (What is stabilized means that the closing price is above 96,000, and it is best to have 3 or more K-line prices with closing prices above 96,000) Only in this way can the trend direction of the daily level be changed, because the small cycle obeys the large cycle, and the small cycle can also change the large cycle. (Note that try not to use 2.4.6 hours to judge the general direction, and you can make a short-term reference to the rebound direction)
Note⚠️; The above is the use of the 14/28-day moving average, and how to judge the trend direction, how to use the time period, and note that the moving average is a cage drawn by the dog dealer for everyone. Don’t rely on the small cycle completely, otherwise it is easy to cheat. The long cycle is available to judge the trend direction.
Brothers and sisters, ADA has surged. I don't know if you're still around, but you washed me out and I lost 100 bucks. However, as long as the brothers can make money, that's all that matters.
南帝一灯大师
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Bullish
Brothers, without further ado, let's get on the bus. I'll go first as a sign of respect. Leveraging 15 times per position, the maximum drawdown is about 6%, which is approximately 0.83.
Today's recap summary; Brothers and sisters, today Bitcoin has been bouncing around 94500 all day, it feels like it’s about to break through, but to me it looks like it's just trying to deceive here! I'm waiting for a reversal around the lower positions 91888—90888, just in case it bounces up, then I will continue to short in the 95700—96000 area. Last night on New Year's Eve, it was unfortunate that I couldn't get into a short position. As for Ethereum, it rebounded to 3450 again without breaking through and has now returned to 3350, oscillating here. The high points are decreasing, and currently, the 3300 level feels a bit tough, but I'm worried it won't hold under the pressure from Bitcoin, so for those trading short-term, make sure to manage your pullbacks; entering directly might not be ideal, but you can set staggered orders below at 3268—3168. I looked at SOL today on a larger timeframe and found that the weekly MACD death cross adjustment period may take longer, so I might avoid it for now and see when there’s news to speculate on ETFs, as that might give an opportunity to break out of the oscillation range. I wouldn’t recommend short-term trading on it. DOGE at 0.3 is currently considered a strong support level, it has provided opportunities for everyone to buy between 0.306—0.308 several times, and I believe everyone has profited from it. Now, the rebound strength looks good, and there should still be space above to watch for 0.33—0.34 for potential opportunities. Recently, Musk has started promoting again, so short-term trading can be paid attention to. Additionally, everyone should focus on a sector, namely the Trump sector, where some coins are currently in a decent position. Let’s see if we can ride out a wave of market movement, including AAVE, LINK, ENA, UNI, COW, ONDO. These have all seen a 20—30% decline and adjustment, so consider buying in batches at lows, with a 5—8% staggered entry. This week from Wednesday to next Wednesday, fluctuations may be significant, so trade carefully with contracts, be cautious of frequent operations with high leverage, and try to operate with lower leverage. Always set a stop-loss to prevent sudden market changes from damaging your position.
Today's Early Market Analysis; Brothers, the big pie rebounded last night to fill the gap of 95700—96300, which was also the key area I reminded everyone to buy the dip and take profits during the live broadcast the night before and yesterday morning. I have been reminding everyone to sell during the rebound; however, the rebound is not a reversal. I believe those who followed along have made a nice profit. We are now back in the 93500 range, and we need to pay close attention to this level. There is also a risk of continuing to drop below this level. Although it can be stabilized for now, today all global financial markets are closed, including tonight's U.S. stock market, so liquidity will decrease. We should expect mostly small fluctuations and slight rebounds. The big pie's rebound may reach a maximum of 94700-95300, or it may not even reach that level. There is a high possibility that it might be a trap to lure in buyers, making you think a bottom has appeared, raising the bottom, and deceiving you into going all in. Therefore, everyone trading rebound positions must strictly control their positions. The time point in January this week is very critical because next week on the 8th and 10th various data will be released. Historically, there have been significant fluctuations before the release of market data at the beginning of each month. So, for you brothers and sisters trading rebound positions this week, please keep your positions small and control your risk of drawdown, while keeping the main positions ready to wait for the dip to take in goods.
Brothers, ADA triggered a stop-loss on a pullback, with a small loss of over 100. Let's wait and see for now. If you're still in the trade, you might consider stepping back as well. This afternoon, I also sold ETH at my cost price, taking a 120 dollar hit. I didn't exit during last night's frenzy and came back directly; not losing means making a profit. So currently, I only have this LDO trade left. Last night, it also had a spike, but I didn't exit, and now I'm down a few points. Even if I hit the stop-loss, I don't think anyone should be too bothered, after all, I've made profits on over ten trades. Losing one trade is still acceptable. For the next week, I won't be calling trades; I need to avoid the impact of news that causes repeated ups and downs. I suggest everyone reduces their screen-watching and trading activity.
Brothers, I still quite like this coin LTC, because although old coins do not have as large a price increase as new coins when they come up, institutional funds are more inclined to inject and arrange during the bull market. LTC reached a maximum of 147 dollars at the beginning of January and then began to adjust and consolidate; it has now been consolidating for 1 month. Currently, it has reclaimed and stood above the 100 dollar mark. At this moment, the market is in the adjustment phase, but it is still worth paying close attention to. Recently, Grayscale has also increased its holdings by 45,000 coins, so those who, like me, prefer stability can consider arranging alongside the institutions. Among the old coins, it still has a chance to develop an independent market trend.
Brothers, you have been asking about SOL, let's talk about it today. Currently, the trend of SOL is not very good; the weekly MACD has already crossed bearish. The 5, 3, 2, and 1-day trends are all in a bearish crossover. The 2-day fast line has already dropped below the zero axis, and the slow line will gradually follow. Overall, it is a weak phase, with several rebounds failing to break through $200. For short-term trading, you can consider making moves in the $180-$200 range. For friends looking at mid to long-term positions, the upcoming adjustments may require a longer consolidation phase. We must break through $200 to start the next major trend.
Today's Early Market Analysis; Brothers, the big pie rebounded last night to fill the gap of 95700—96300, which was also the key area I reminded everyone to buy the dip and take profits during the live broadcast the night before and yesterday morning. I have been reminding everyone to sell during the rebound; however, the rebound is not a reversal. I believe those who followed along have made a nice profit. We are now back in the 93500 range, and we need to pay close attention to this level. There is also a risk of continuing to drop below this level. Although it can be stabilized for now, today all global financial markets are closed, including tonight's U.S. stock market, so liquidity will decrease. We should expect mostly small fluctuations and slight rebounds. The big pie's rebound may reach a maximum of 94700-95300, or it may not even reach that level. There is a high possibility that it might be a trap to lure in buyers, making you think a bottom has appeared, raising the bottom, and deceiving you into going all in. Therefore, everyone trading rebound positions must strictly control their positions. The time point in January this week is very critical because next week on the 8th and 10th various data will be released. Historically, there have been significant fluctuations before the release of market data at the beginning of each month. So, for you brothers and sisters trading rebound positions this week, please keep your positions small and control your risk of drawdown, while keeping the main positions ready to wait for the dip to take in goods.
The New Year's holiday market closure arrangements are as follows: Hong Kong stocks, Hong Kong Stock Connect (southbound): Closed in the afternoon on December 31 (Tuesday), closed on January 1 (Wednesday); A-shares, A-share Connect (northbound): Closed on January 1 (Wednesday); Taiwan stocks: Closed on January 1 (Wednesday); US stocks: Closed on January 1 (Wednesday), US night market closed from 09:00 to 17:00 (Beijing time) on January 1; Singapore stocks: Closed in the afternoon on December 31 (Tuesday), closed on January 1 (Wednesday); Japanese stocks: Closed from December 31 (Tuesday) to January 3 (Friday); South Korean stocks: Closed from December 31 (Tuesday) to January 1 (Wednesday); Australian stocks: Closed early at 11:10 AM Beijing time on December 31 (Tuesday), closed on January 1 (Wednesday); German stock market: Closed from December 31 (Tuesday) to January 1 (Wednesday); Italian stock market: Closed from December 31 (Tuesday) to January 1 (Wednesday); Spanish stock market: Closed early at 21:00 Beijing time on December 31 (Tuesday), closed on January 1 (Wednesday); UK stock market: Closed early at 20:30 Beijing time on December 31 (Tuesday), closed on January 1 (Wednesday); French stock market: Half-day trading on December 31 (Tuesday), closed on January 1 (Wednesday).
Brothers, Bitcoin has arrived within the predicted range. I set a take-profit on my long orders in advance and forgot to withdraw them. I still have 3 orders on hand. I will continue to hold ETH for now, and it has not yet reached the target range of 3470-3530. The LDO lever has just been opened, and I have also opened a profit-taking round before, and now I am on the train again. Ethereum still has room for rebound. I suggest that you don’t go short for the time being. Although the market has pulled back to around 96,000, it is just a rebound, not a reversal. Don’t chase long orders without a bottom, and you can take profit and get off if you have multiple orders on the train. The residual heat of the rebound should continue. Bitcoin is in place, and other altcoins will also move. Tomorrow’s close is expected to close with a monthly positive line. This is why I called on everyone to buy the bottom in the live broadcast last night, including giving everyone the target range in the live broadcast this morning. Strictly follow the strategy, and it will be 2025 in 2 hours. I wish you all a happy new year in advance.
Brothers and sisters say goodbye to 2024 and welcome 2025 together. I wish 🙏 those who follow and like my posts in 2025 will make money on everything they buy, buy in bulk, become wealthy, and achieve financial freedom.
Brothers, are you guys following along in the car? Tonight is New Year's Eve and the Wall Street tycoons are back from holiday. Are you guys going out to eat, drink and have fun, or are you watching the market and making trades?