After several days of thorough cleaning, the fees began to turn negative, and highly leveraged long positions were wiped out. The market has returned to a period of consolidation, which is the favorite time for contract players, especially for someone like me who enjoys swing trading. As long as one does not chase rising prices or sell at falling prices, it is still quite easy to accumulate some money for the New Year. Identifying the reasons for losses and strictly adhering to discipline to avoid making the same mistakes again is crucial. The entry point significantly determines the risk-reward ratio, and the correctness of the buying direction determines whether one can make a profit. If both of these conditions are met, making money is not too difficult. Making big money relies on luck, while making small money relies on learning technical analysis and enriching one’s understanding, combined with continuous practice. Additionally, one must restrain human greed, know what one wants, what one cannot have, and what one cannot afford. Keeping a clear mind, being rational, and respecting the market are essential.
Interest rate cut announced at 3 AM, let's predict the market trend after the cut
1: After confirming the interest rate cut, the market starts to rise quickly, then drops sharply, initiating a slow rebound 2: Just in the past few days, altcoins have been steadily declining for several days, and after the interest rate cut, the overall market rebounds for a few days 3: First, Ethereum will rise and break through 4100, slowly reaching 4500 before the 23rd. Only if Ethereum makes up for the losses will altcoins follow with a rebound, rebounding for a few days until around the 23rd-24th when it starts to decline again and consolidate until the end of the month.
The needle spike market is back! Will Bitcoin spike tonight? Long battle at 100,000? Old money is entering, which leading coins should we layout!
Last night, a needle shot up, and all shorts below 103000 for Bitcoin were liquidated. Currently, there are slightly more shorts. If we continue to accumulate short liquidity above 102600, there might be another spike on Friday night! A fan asked if Bitcoin has been fluctuating around 70,000 for 240 days, should we prepare for a long battle at 100,000? I believe it won’t take that long because the current market is vastly different from the market six months ago, with the amount of funds flowing into the market being like two different worlds. The first rate cut on September 18, the second on November 7, and the significant market changes after the U.S. elections on November 5 are very notable. This is not a market brought about by Trump; it fundamentally stems from the Fed's rate cuts directly causing a rapid influx of funds into the market, raising all boats. Six months ago, the rise from 30,000 to 70,000 was purely due to the approval of Bitcoin ETFs; the funds were just being shifted around. Now it’s different; both sides are robust. What I mean by this is clear: stabilizing above 100,000 won't take long. The entire bull market has about 11-12 months before it reaches its peak and ends. It cannot afford to spend another seven or eight months fluctuating with you. Have you ever seen a bull phase in a halving cycle that fluctuates for more than two and a half months?
There are many big players in the square showing their profit charts! Tens of thousands of U, hundreds of thousands of U, and there are also those showing losses of tens of thousands of U, hundreds of thousands of U, and ultimately blowing up their accounts! So we shouldn't envy others who earn more; there are also many who blow up their accounts! Let's focus on ourselves, stabilize our ant accounts with steady compound interest; this is what we should be doing! After many years of trading contracts, I now have my own trading model. If you are afraid of blowing up your account and are not picky about small profits, then come join my stable profit team! I opened 70 orders in a month, with a win rate of over 90%! I may not be able to make you rich quickly, but at least I won’t lead you to blow up your account and incur losses!
Thanks to Binance Square, I received the essay reward for Cos, currently priced at 1700 USD, what level it is, I don't need to say much, right? Hurry up and write an essay!
@币安广场 Follow the official Square account, there will be announcements for new essay activities, there will be an essay every week in November, with not many participants, come quickly to claim the prize.
Oh my god, chasing longs, why didn’t they shout at 20.8 last night, awesome
第一流
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Bullish
Afternoon Wealth Code: link Current Price Buy 29 Stop Loss 27 Take Profit 35! Remember it is spot trading! If it's a contract, definitely use low leverage! $LINK
12.24.12, Shen Time I Ching Analysis, Wealth Entering the Door of Fortune Today analyzing $LINK , deriving the Thunder and Marsh (雷泽归妹) hexagram
Gained: 1. The noble is strong, the petty is weak. This chart is full of potential, but some teams with a lot of chips that cannot move are affecting the rise. 2. The earth ascends, a trend of the times. At present, it seems that continued rise is the trend of the times. 3. Pay attention to risk control.
From this, it can be concluded: both long-term and short-term can be done, just pay attention to risk control. Focus on! #加密市场反弹
All bosses make a fortune Come wealth, come wealth! Come
LayerZero announced a partnership with Sonic, allowing applications and tokens from more than 90 chains connected to LayerZero to be extended to Sonic to support Sonic's mainnet launch this month. This partnership will bring wider application and token support to Sonic's mainnet and enhance the interoperability of its network. #ZROUSDT #layerzero