There were unusual movements in the early trading session and the indicator showed a profit-taking signal

Don’t be upset about selling at a loss
Continuously selling at a loss means that you have embarked on a journey of profit
The next thing to practice is how to make the profit run a little further.
#交易心得 #交易认知 #交易洞察

$BTC
At present, the sentiment is stable and seems to be on the middle track.
There will be news of interest rate hike tomorrow, and there may be sharp fluctuations.
It is only suitable for spot trading.

The 8h pressure level has not been broken, it is just a weekend rebound. It is currently returning to the downward trend channel. Wait patiently for the entry opportunity.

After stabilizing at 58,000, it continues to surge upwards and is currently in an upward channel.
Currently at the 8h pressure level, let's see if it can continue to rise.
Last night, MicroStrategy bought $1.1 billion in BTC. This wave of rise may be caused by this reason. However, trend trading does not focus on news, but only on trends. If the market picks up, 61,000 will be broken through, and the pressure level will become a support level.
$BTC

After touching the pressure level of 58,000 again, it fell down again. We need to wait and observe the follow-up patiently to see if there is any other news that can support it, otherwise it may continue to decline.

After multiple failed attempts to hit the upper rail, the pressure level of the upper rail is still quite strong. I feel that the rise is weak, so it is better to take profits first and wait until the upper rail is stabilized before entering the market.
Or wait for a big drop before entering the market.
It is too difficult to trade in this market.

It is currently in a rebound, but there is no confirmation of a reversal. If it stabilizes at 58,000, it means sentiment has recovered, but if it falls below 55,000, it means it is really just a rebound.

The four-hour line shows huge volume, which happens to coincide with the weekend. The market is not affected by the US stock market. You can enter the market short-term and bet on a weekend rebound.

The market continues to be sluggish. Although there is a small rebound, it is only suitable for ultra-short-term trading. Spot stocks continue to be short and wait for entry opportunities.
There is no sign of warming market sentiment. Do not buy the bottom in advance. It is better to miss the opportunity at the lowest point than to risk further decline.
The ideal time to enter the market is after a sharp drop in volume, preferably at the daily level. If you can't wait, at least after the 4h line has a large volume of pins, when the volume is shrinking and consolidating.

1. Make big profits and small losses
2. Participate in trends
3. Make money slowly
4. Keep a light position
5. Be a friend of time

#交易笔记

Still in the downtrend, the trend is very weak, keep short position.
$BTC

It looks like BTC is ready to make a move, and the rebound trend of BTC is very good. When will sol catch up?

The second bottoming out and rebound, now the risk of entering the market is reduced. I went to bed too early yesterday and opened a position in the morning.
Currently, the volatility is only at the hourly level, which is only suitable for ultra-short-term trading. If there is any profit, you should take profit in time.

#交易笔记

In the morning, the volume of the pin is large, and the eight-hour line is large, which is a good time to enter the short-term market. However, if it continues to fall below the previous low, it is necessary to stop loss.

The reason for stopping loss is to prevent a big plunge at the daily level.

Cryptocurrency speculation, like Texas Hold'em, requires cherishing chips and trying not to leave the table.

This requires us to maintain enough patience. We must not have the idea of ​​"missing this village and missing this shop", but should think "don't be anxious, miss this time and there will be the next time".

If we are anxious, we will magnify our greed, ignore risks, increase leverage, and eventually accelerate losses.

Cryptocurrency speculation is an infinite game. We can enter and exit at any time. As long as the chips are still there, the game will never be over.

No matter how many chips there are, risk control should be put first.

Many friends think that my capital is small, it is meaningless to buy Bitcoin, and it is meaningless to do spot, so they go to play high-multiple copycat contracts.

The final outcome is a liquidation and zero.

If you want to survive in the currency circle and make stable profits, you must not be anxious and wait patiently for opportunities. $BTC

Don't rush to buy the bottom, wait patiently for the large volume to insert the pin.
It is better to miss the small market than to rush to open an order. When the water is stagnant, it is not the time to enter the market.

$BTC

The Ethereum Foundation sold at a high point again. $ETH

We should embrace "missing out and selling at a loss"

Why?

The reason for "missing out" is that we are waiting for opportunities that fit our system and the right buying point. If you wait according to discipline, this is not missing out;

The reason for "selling at a loss" is that we pocket profits in time instead of riding a roller coaster repeatedly. This is not selling at a loss.

"Selling at a loss" is the beginning of stable profits.

#交易认知 #交易洞察