In the world of trading, understanding is crucial. Although many people have been working in the field of trading for 20 to 30 years, they still fail to understand its essence. Trading is as difficult as climbing to the sky, and its tortuous road is like the path of practicing Buddhism.

I also studied day and night for eight years before I finally realized something:
In 2016, I first got involved in the cryptocurrency circle. I thought it would be a natural thing to operate based on the experience of foreign exchange and the market, but I didn’t realize that the cryptocurrency circle has its unique fluctuation trajectory and characteristics, and I suffered losses.

From 2016 to 2020, I was deeply involved in the research of technical indicators and entanglement theory, and I went astray. I wasted two years in vain, trying to find the 100% certain opportunity, pursuing the lowest purchase and the highest sale, but the result was unsatisfactory!

In 2020, I began to contact trend theory and embarked on the right path. I learned the breakthrough trading method of "buy high and sell higher", but I went astray and tried to distinguish true and false breakthroughs and screen trading opportunities in order to improve the winning rate. This is the wrong direction.

In 2021, I realized that there is no need to distinguish true and false breakthroughs, give up looking for certainty and high winning rate, and just make a bold breakthrough as long as the profit and loss ratio is high.

In 2022, I practiced a lot of brainless breakthrough trading, both long and short, but ignored the general trend. As a result, false breakthroughs occurred frequently, making it difficult for me to stick to the breakthrough trading strategy.

In 2023, I realized the epiphany of "unity of knowledge and action". The secret lies in position control, light position operation, keeping calm about losses, daring to act, and daring to hold floating profit orders, but at this time I have not yet realized the importance of the general trend.

In 2024, I completely realized the importance of the general trend, became a general trend cycle trader, and was promoted to a long-term trend trader. I no longer blindly trade long or short, but first determine the general trend, only go long in a bull market and only go short in a bear market, firmly moving in one direction, and holding long-term positions for a few months to a few years.

The above is my trading enlightenment journey, to be continued...

According to the rules of the 21-year bull market, it retreated about 10% after the first new high. At this time, it is in an atmosphere of extreme fear, and the rules have been broken. The bad news is good news!
The Mentougou incident is coming to an end. In the near future, there will be news of large-scale institutional purchases. This news is often released only when the market reacts. If you eat the fish head, you will pay the price. Build a position according to your own situation!

Ether fell from 3450 to 3260
A small wave saw 200 points
Holding a position that ordinary people cannot hold
Taking profits that others can only look up to
This is trading

XRP went from 1.6 to 1.2, and then fell to a low of 1.27. This round of retracement was completely under control!

It’s great, good news has come in, 12 varieties have entered the market in the past two days, as follows:

sol trx unl shib doge pepe

wld flf dot xrp sel op

In one go, three varieties of emptiness were given, are you still chasing the high?

Falling together, all falling, finally waiting for you!

These two days, I mainly shorted BTC ETH DOGE XRP!

I have said it many times, it is very clear, just short, those who understand it have already taken off!

The large pancake 98200 short and 99000 short are still held, continuing to decline!

Ethereum has dropped significantly, with a 100-point drop at 3450 short. It is easy to catch the bottom, but difficult to escape the top; do not fall into this situation!

The past two days have been focused on dog and XRP shorts, continuing to seize high shorts, the risk-reward ratio is very high!

The price of Bitcoin has moved down, allowing the bears to come in a bit slower, as a market without a crash is unreasonable. Please boldly short, let go of distractions, and strive to be the first to profit from the bear market crash. The process is tough but worth it!

Bitcoin's short-term drop of a thousand points is already ultra-short-term, which is not what I advocate for pursuing. A 5,000-point move is a must in the upcoming market, so please pay attention!

Bitcoin held short from 99,000 down to 94,000!

Ethereum held short from 3,450 down to 3,260!

Dogecoin (DOGE) held short from 1.6 down to around 1!

XRP and DOGE both caught this pullback, how it rises is how it falls, this is especially evident in altcoins!

The next one to pull back is Ethereum, the opportunity has arrived friends, keep an eye on Bitcoin and Ethereum, if you're afraid to short, everyone is afraid, then this is the best time, those who understand know!

The big pancake has tried multiple times to break through the 100,000 mark, but has been intercepted each time. After leverage liquidation, one must be cautious of a deep pullback, even considering a 30% retracement, which corresponds to a price of 70,000!

Even if it briefly touches the round number, one must observe whether institutions are buying again and not selling!

Technically, there is also a slight change, as the four-hour chart has shown a series of consecutive bearish candles, temporarily ending the bullish trend. One can follow the trend and go short!

The shorts given in these past two days have room for retracement. If you didn't manage to exit in time or were greedy, you may get swallowed up. If this happens, wait for the rebound to lose strength before entering short again!

Go short around the 98,200 line, targeting 95,000!

Go short near the 3,450 line, targeting 3,260!

The short position of XRP 1.6 given in the morning has just retraced to 1.4, and the gains have all been wiped out, with the highest position being shorted!

After the empty position was completed, there was immediately a drop. The short position given in the morning was 1.6, with a minimum of 1.5, just like a dog, aiming for a high short. Even if there is a loss in the short term, it is enough to catch one wave!

XRP's pullback before rising, moving up from 1.4 in the morning, exiting the short position and re-entering, from 1.6 to 1.2!

XRP, the brightest one tonight, has diluted other varieties. Let’s go short now, at 1.470, and the target is 1.2

Excessive promotion is often a reversal signal, especially after a surge in Ethereum, followed by a mass exit, which further validates the reversal message, as I explained last night!

Pay special attention: this is not about reversing to pick someone up, continue to look bearish, enter short positions, add to shorts, and dispose of excess chips!

The thought process is very clear, trust in Liu Gongzi and you won't get lost!

Continue shorting at 98200, target 95000!

Short at 3330, target 3200!

98600 short, exit at 97700; Ether 3360 short, exit at 3270! Ether has a significant decline and is moving into a consolidation trend!

Ether short position gained 100 points, Master Liu is online to analyze!

98600 short, exit at 97700; Ether 3360 short, exit at 3270! Ether has a significant decline and is moving into a consolidation trend!

Ether short position gained 100 points, Master Liu is online to analyze!

98600 empty, 3360 empty, after the last empty bag, open again, target 95000, 3220