1. If the price of the currency drops sharply in the morning, it is a good opportunity, buy it quickly; if it rises wildly in the morning, you have to consider selling it, don't be greedy.
2. If the price of the currency rises sharply in the afternoon, let's not chase it, don't be trapped; if it drops sharply in the afternoon, don't rush, it's not too late to make a move the next day.
3. When it drops sharply in the morning, don't rush to sell, hold on! If the price of the currency does not rise or fall, then take a break and recuperate.
4. Don't rush to sell if the price of the currency does not rise, and don't rush to buy if there is no correction. If it keeps sideways, let's just watch the excitement and don't rush to trade.
5. When buying a currency, choose a negative line instead of a positive line; when selling, don't rush to sell a positive line, and sell it when it is a negative line.
6. Everyone says not to go against the trend, but I think that sometimes going against the trend is what a real hero does.
7. When the price of the currency is consolidating, don't rush, wait a while, and see the situation clearly before making a move.
8. If the price of the currency suddenly rises again after being sideways at a high level, it is a good time to sell it quickly, don't hesitate!
9. If you see the shape of a hammer cross star, you have to be careful. If you are fully invested, you have to consider the risks.
1. Actively unwind 1. If you buy the wrong one, especially if you buy a coin after it has risen sharply, you must be ruthless and sell it early to protect your wallet. There are many market opportunities, and the money is still there, so it is easy to turn things around. 2. If the coins you have are no longer valuable and are still falling in value, then check to see which other coins are going to rise and quickly switch to them, using the new profits to make up for the old losses. 3. If you are deeply trapped and think the price will continue to fall, sell part of it and buy it back when the price is lower. This way, your cost will be lower. 2. Passive Unwinding 1. If you don’t buy at a high price and you believe the market will be good, you can add some money in several times, but don’t add too many times, as timing is very important.
The impact of U.S. interest rate cuts on the cryptocurrency market such as Bitcoin:
Increased Investment Appeal The Federal Reserve's rate cuts will lower the yields on U.S. dollar assets, prompting investors seeking higher-yielding assets to turn their attention to cryptocurrencies, thereby increasing investment demand in the crypto market and driving up prices.
Highlighting Safe-Haven Attributes Cryptocurrencies like Bitcoin are often seen as safe-haven assets against economic uncertainty. Rate cuts are typically viewed as a signal of potential economic downturn risks. In this context, investors may allocate some assets to cryptocurrencies to hedge against potential economic or market risks.
Increased Market Liquidity Rate cuts will lead to increased global market liquidity, with some funds potentially flowing into the cryptocurrency market, thus enhancing trading activity, market liquidity, and trading volumes. However, this may also exacerbate market volatility.
Friendly Regulatory Environment After taking office, the administration has been committed to creating a friendly regulatory framework for cryptocurrencies, appointing relevant individuals to promote the development of the crypto industry. This is a favorable policy development for cryptocurrencies like Bitcoin, enhancing market confidence and expectations.
Increased Demand for Cross-Border Transactions Exchange rate fluctuations triggered by rate cuts may lead investors to use cryptocurrencies for cross-border transactions to evade capital controls. The increase in cross-border capital flows will have a positive impact on the liquidity and trading activities in the crypto market!
The concubine has entered the stage of market manipulation, and during this stage, the concubine's gaze is as clear as can be. Everyone please observe how cleanly the daily candlestick chart moves, like an 18-year-old girl, fresh and refined. One obvious manifestation this week is that the concubine's turnover period has already passed, and the ETF continues to see a net inflow, which means that Wall Street's money keeps coming in, and some people have nearly finished selling off. Next, the concubine will accelerate the market manipulation. Those who exited a few weeks ago will find it hard to resist the soaring market and will choose to chase high again. Those who claim to have escaped the top will also chase high again; the same drama plays out in every bull market, which is the significance of accelerating the market. If you don't buy, then I will show you how it’s done and pull the market up to a level you can't endure. I still believe that the best strategy is to hold on and not move, stubbornly holding on without budging. The explosion of altcoins is also expected in the coming days. When Bitcoin rises, the concubine rises, and when the concubine rises, altcoins rise as well. Don't be fooled by how weak the altcoins appear now; they will rise quickly once they start. For those holding physical coins, I hope you all maintain some patience and have the steadiness of a sniper.
For friends participating in contract trading, I would like to analyze why you often lose more than you win. The reason is that when you make a long position, you often find that the stop-loss level you set is triggered, only to see a pullback or rebound afterwards. This situation seems to always get stuck at the most unfavorable point. Even without setting a stop-loss, the market seems to accurately hit your liquidation price. The core issue behind this is that you are actually engaging in a kind of gambling-like trading with the exchange. In such an environment, how much chance do you really have of winning?
Furthermore, the exchange can, to some extent, 'see' your hole cards. Even if you win ten small trades in a row, as long as you incur one significant loss, it can wipe out all your profits. This is why you always feel like you lose more than you win.
Currently, there is a strong bullish sentiment in the market, and there may still be a small profit to be made on the upside, but it is not a long-term situation. Analyzing the current one-hour chart shows that the Bollinger Bands are contracting downwards, and the candlestick chart, after a day of rising during the daytime, has only reached the middle band of the Bollinger Bands. After reaching the middle band, it has started to decline again, so it can be said that from tonight until the market opens on Monday, the price will basically oscillate between the middle and lower bands of the Bollinger Bands. If it breaks below the lower band, there is a very high possibility that the price will reach the position of 96,000.
Next week, the Federal Reserve is highly likely to implement its fourth interest rate cut of the year. The market anticipates a 25 basis point rate cut with a probability as high as 94.7%, almost certain. If this rate cut materializes, the target for the federal funds rate will be adjusted downward. Currently, it is between 4.5% and 4.75%. Assuming a 25 basis point cut next week, the upper limit of the Federal Reserve's main interest rate target for the entire year of 2025 is expected to remain at 4.5%.
From the perspective of government bond yields, U.S. two-year, ten-year, and thirty-year government bond yields may reach 4.55%, 4.65%, and 4.8%, respectively, by the end of 2025, all higher than the expected levels for the first quarter of next year. This series of changes reflects the market's expectations for adjustments in the Federal Reserve's monetary policy and predictions for future interest rate trends. The subsequent impacts will gradually manifest across various fields, including the macroeconomy and financial markets.
Thursday Big Pancake and Concubine From a technical structure perspective, on the daily level chart, a large bullish candle closes. On the four-hour level chart, the Bollinger Bands are opening, and the K-line is running above the middle track. The MACD dual lines are crossing upwards, with bullish energy bars expanding. On the one-hour level chart, the Bollinger Bands are opening, the K-line is running above the middle track, the MACD dual lines are converging, and bullish energy bars are contracting. The intraday trading strategy primarily focuses on low long positions, with high shorts as a supplement.
Currently, the bull market is showing signs of adjustment. Long-term holders near 100k have taken profits, and the shrinking trading volume has greatly impacted market confidence. Tonight's CPI data will be the final battle for the Federal Reserve's interest rate cut in December. Whether it will be a pleasant surprise or a shock remains to be seen.
1. Rapid Rise, Slow Pullback, Insiders Accumulating in Secret
• When the currency value rises rapidly and then falls back at a more moderate pace, it may suggest that insiders are quietly collecting chips, preparing for the next round of upward momentum.
• When the currency value sharply declines, and the subsequent rebound seems weak, this often indicates that insiders are gradually releasing their chips, and the market may soon enter an adjustment phase.
3. Unveiling the Top Volume Rule
• High Volume, Don't Rush to Sell: In high-price areas, if the trading volume significantly increases, it may indicate that the upward momentum still exists, so there is no need to rush to sell.
• Low Volume, Exit Quickly: Once the trading volume at the peak begins to decrease, showing that the upward momentum is weakening, one should quickly exit the market.
4. Subtle Changes in Bottom Volume
• Be Cautious of Single Spike: In the bottom area, if there is only a one-time significant increase in trading volume, this may be a false rebound signal and should be treated with caution.
• Continuous Volume Increase is a Good Opportunity: Conversely, if the bottom trading volume continues to expand, this may indicate that the market is about to reverse, presenting a good opportunity for positioning.
5. Trading Cryptocurrency is Actually Trading Mindset
• The fluctuations in cryptocurrency prices reflect deeper changes in market sentiment and the evolution of consensus. Trading volume is an important indicator for measuring this emotional fluctuation, providing crucial clues for understanding market psychology.
The drastic fluctuations in the cryptocurrency market are clearly a response to tonight's non-farm payroll data from the U.S.: The U.S. Department of Labor will release the non-farm employment data for November at 9:30 PM Beijing time tonight. For global investors, the importance of this final non-farm report for 2024 is evidently self-evident: it may determine whether the Federal Reserve will be able to cut interest rates for the third consecutive time this month, and it is also expected to have far-reaching effects on the next steps for various markets, including the cryptocurrency market.
Many investors like to cover their positions crazily when the currency falls, and use real money to make up for the loss, as if they have never lost money. Then I ask you, has the cost actually increased? On the basis of the upward trend, once the cost increases, it means that the rate of return may decrease. On the basis of the downward trend, once the cost increases, it means that the loss rate increases and the risk increases. No matter from which direction, covering positions without analyzing the trend and thinking is blind, and can only push oneself into a more unknown abyss.
The price of Bitcoin has risen above $100,000 and broken through the upper track of the Bollinger Band, showing a strong bullish trend. Its price is not only far away from the middle track of the Bollinger Band, but also the opening of the Bollinger Band has widened, and the slope of the upper track is steep, which indicates that market volatility has intensified and the upward trend has strengthened, but also implies the potential risk of a correction due to the rapid rise. From the technical indicators, RSI greater than 70 indicates overbought, and the positive and elongated MACD histogram reflects the strong strength of the bulls. However, it is necessary to pay attention to whether there will be a divergence in the future. In general, although Bitcoin is in a strong position, it is also facing many uncertain factors that affect its trend.
According to market data, from August 5 to December 1, the median increase of the top 100 cryptocurrencies by market capitalization was 106%. Although most altcoins have doubled in value, the majority of holders remain indifferent. The reason is that the vast majority of cryptocurrencies are still valued below the 80th percentile historically, and prices are still below the 90th percentile historically.
Therefore, the main players did not encounter significant resistance after completing the first phase of the rally. For example, altcoins like DOT and SAND often exhibit exaggerated 'spike surges' in their intraday charts, indicating a strong willingness for active buying, but market selling liquidity is not sufficient. This is also why Ying Jie has consistently emphasized that 2024 and 2021 bull markets are different.
Unlike the past strategy of opting for small-cap new coins to break through, this round of altcoin trends is led by SOL, XRP, DOGE, and other large-cap cryptocurrencies, a situation that only occurred during the major bull market of 2020-2021. The willingness of capital to invest massively and comprehensively in altcoins must be based on an early understanding of the changes in market trends. This also indicates that after Trump's election victory, the potential policy benefits for the crypto market may far exceed market expectations.
Many fans have privately messaged K about whether it's too late to invest now? Although the bull market has started, K believes it is not too late! Because the best entry time has already passed, the key to investing is to buy when nobody is paying attention and sell when the market is noisy. Although the market is not completely quiet now, it is also not too noisy. 1. The meme market has become somewhat bland, while the meme of other small chains continues to rise. 2. SOL has risen from the bottom, achieving a 30-fold increase. 3. OKB has reached the previous bull market's peak. 4. PEPE's market value has reached tens of billions of dollars. 5. BTC has broken through new highs and is challenging $100,000.
None of this is too late. If you missed the first half, the second half has just begun. SOL will rise to $500, BTC will break through $150,000, and ETH will exceed $8,000. At the same time, various new layer two applications will erupt, and chain game projects will also see targets of hundreds or thousands of times. Although the current altcoin market may not have made many people money because the bull market came too quickly and caught many off guard, it is still not too late to prepare now. If you are not very familiar with this industry, that's okay, K can help you get started. Although I cannot make you rich overnight, it is completely possible to layout for the bull market in the right way.
After breaking through 3550 last night, the market has been slowly rising, encountering resistance and pulling back around the 3680 line. After a series of bullish candles on the 4-hour chart, it has now formed a bearish candle for adjustment. If there is a test upward after a short-term adjustment, then pay attention to the resistance at the 3720 line, which serves as a boundary above. Below, the short-term focus should be on the support at the 3530 line, which is also the area of K-line top and bottom conversion. If a break occurs, attention should be extended to the 3420 line, which is near the middle track of the 4H chart and also the 61.8 Fibonacci level of this upward trend.
Today, the US stock market is closed as Americans celebrate a holiday. The market is expected to experience range-bound adjustments, so for now, focus on the aforementioned support and resistance levels for short-term trading, flexibly adapting to your own situation. Note! With the Americans on holiday, there may be suspicions of sell-offs and market shakeouts. In extreme market conditions, try to observe more before taking action and arrange risk management properly.
Bitcoin reached an all-time high of $99,830 on November 22, but has since fallen over 8%, dropping to $91,377.32 on Tuesday, marking a new low for the week.
So far this year, the most famous cryptocurrency has surged 120%, rising about 34% this month, which is related to Donald Trump's election as President of the United States and a wave of pro-cryptocurrency lawmakers in Congress. Trump supported digital assets during his campaign, promising to make the U.S. the 'global cryptocurrency capital' and accumulate a national Bitcoin reserve.
The so-called bullish-bearish skew index for Bitcoin, expiring on December 27, has dropped significantly by 30% in the past 24 hours as market participants shifted towards more protective strategies.
The bullish-bearish skew reflects market sentiment, referring to the difference in implied volatility between call options and put options. Despite the decline, this index still shows that there are more call options than put options in the market.
The cryptocurrency world only needs to focus on one indicator, which is the inflow of funds into BTC spot ETFs.
The massive influx of OTC funds has played an important role in maintaining Bitcoin buying and responding to the seller pressure of long-term holders taking profits.
Halving cycle + election benefits + policy reduction, hold on tight, the market will usher in an explosion of liquidity in November!
Analyzing the current trend of Bitcoin from a macro perspective, although a short-term pullback has occurred, the upward momentum is not strong, indicating that a rebound is likely to come soon.
This pullback is not just a price adjustment but also a shift in market mentality, cleansing excessive optimism while creating an illusion of upward momentum.
The active performance of altcoins seems to suggest that the prelude to a bull market has already begun. Bitcoin's sprint towards the 100,000 mark may just be a matter of time.
For those holding positions at low levels, there is no need to worry now, as the bulls are gathering strength. Let us remain patient and wait for the harvest of profits to secure our gains.
XRP Breakthrough Planet (see the following planet strategy screenshot) raised the resistance level to 1.6328. The SEC Chairman Gary Gensler announced he will resign before Trump's inauguration, which completely frees XRP from all entanglements. Today it surged again, especially as the global asset management company WisdomTree is set to launch an XRP ETP on the European exchange, which will also drive XRP towards its historical high.