In the early morning, the price went from 93,000 to 88,000, which is exactly one high and one low, 5,000 points!

It started to fluctuate, so you can just buy high and sell low. The current price is around 91,000, so you can go high and short. The small-band target is 88,500! ​​​

Why do some people say that you should not play contracts when trading in cryptocurrencies?
Because this is a correct nonsense.
To make investments, you need to choose according to your own situation, rather than blindly following the advice of others.

For people with only 10,000 or 20,000 yuan, it is better to deliver food to play with BTC ETH spot.
If you have 1 million yuan, playing with BTC ETH spot, that is stable happiness.
The same is true in the stock market. People with 20,000 or 30,000 yuan go to value investment every day. I want to laugh when I hear it. Isn’t this pure nonsense?
The same is true for trading in cryptocurrencies. People only have a few thousand yuan, and you recommend others to buy the top ten coins in market value. Isn’t that sick?
In the eyes of some people, not playing contracts is correct, and they tell everyone not to play contracts. There is no dry goods in the monologue.
If you already have millions, then you don’t need other people’s advice at all.
If you don’t even have 50,000 yuan, then you need to gamble.
To come to this market, either return to zero or get rich, there is no middle state, most of them return to zero and leave.
When you have no money, you must open your mind, dare to gamble, and gamble twice.
If you place a heavy position once, there is not much difference between you and the experts. It's all about luck.
If you place an order ten times, the gap between you and the experts will be revealed. They have trading systems, fund management, and information sources, but you have nothing. The experts have a high probability of winning, and you will definitely lose.
Only if you understand this sentence, you will have the opportunity to get rich.
Ordinary people do not speculate in cryptocurrencies every day, look at this, buy that, buy a bunch of garbage, and fantasize about buying a ten-fold coin.
Instead, they boldly go all in and believe in their luck first.
When you understand the difference between going all in once and placing an order ten times,
you already have the hope of accumulating the first pot of gold.
As a senior cryptocurrency investor, I share my experience and insights for free. Are you interested in the cryptocurrency circle but don't know where to start? Follow me to help you achieve freedom in this bull market

BTC's FG index has reached 88❗️❗️❗️❗️❗️

Yesterday I said that as long as the FG index is greater than 90, the top divergence of sentiment no longer exists, which will be an important signal to start the bull market!

At present, the volatility during the day is relatively low, which means that a good show is brewing. According to this situation, there will definitely be another wave tonight!

Bitcoin's fear and greed index has reached 88... As long as it rises by another 2%, it will be an important signal to start the bull market‼ ️‼ ️

In the state of extreme greed, the volatility is so low during the day, and a good show is brewing. According to this situation, if there is another wave tonight, the FG index will be greater than 90, and the emotional top divergence will be invalid. It will be another bloodless battle!

Investment has logic, but the market sometimes has no logic. No logic is the greatest logic. The only constant in the market is that it keeps changing. The market is sometimes random, and even in the short term, the market will be wrong. In the long run, the market is always right, follow the market. There is no so-called God's perspective, there is only temporary luck.

Crypto market: current situation, trends and capital dynamics

Market data: There are hidden worries behind the prosperity

The way of comparing the data of last Saturday in the past is no longer appropriate. At this moment, we only need to focus on the current values. The market value of the crypto market has soared like a rocket, breaking through the 3 trillion mark, which is a milestone achievement. Among them, the market value increase of is leading the way, and the altcoins are not to be outdone. But is like a soldier who has fallen behind, and the trend is weak. From the perspective of proportion, is like a huge "gold-sucking black hole", which continues to devour the funds of the entire market. Although some altcoins seem to be active, based on the existing data, the market's risk appetite has not really improved, and it is too early to be blindly optimistic.

Trading volume: uneven cold and hot under the new high

The market trading volume is like a surging tide, approaching 400 billion, an astonishing figure that is the highest record since last year. The increase in the trading volume of and altcoins is staggering, nearly doubling compared with last Saturday. However, in this hot area, is like a forgotten corner, and its activity is obviously low. Overall, the market activity and trading volume have reached their peak since last year. Although there are "drags" from altcoins and , the outline of the bull market has become clearer.

BTC: Opportunities and risks in price increases

The high trading volume peak of is like a double-edged sword in the price increase process. On the one hand, a large number of turnovers are like the cornerstone of a stable price building, providing strong support for price stability. But on the other hand, as the price of marches towards the $100,000 mark, the stop-profit selling pressure is like a hanging sword of Damocles. This force is intertwined with high turnover, posing an unprecedented challenge to price stability. If you are not careful, it may cause violent market fluctuations.

Fund dynamics: the source and warning of optimism

On the stage of funds, optimism is the main theme. is like a surging river of funds, flowing into the market continuously, and also joins this feast with a large-scale buying attitude. These positive fund movements are undoubtedly the best footnotes to the market's optimism. But we cannot be blinded by optimism. Although the influx of funds brings vitality, it may also mask deep-seated problems in the market. Investors need to remain vigilant.

Let's talk about how to get out of the trap

Having experienced two rounds of bull markets, I would like to share my experience:
There are three situations:

1. Being trapped at a high position
There are two ways to go: either you wait for the market to rebound and quickly withdraw when you see the opportunity; or you sell when the price is high and reduce your position.

Once the market changes, the trapped orders must stop loss immediately. Do not hesitate to do a reverse operation directly, buy the opposite position, and you can get some money back.

2. Being trapped at the middle price
First of all, don't be anxious, don't rush to cut your losses! The key is to see how the market will go later. Once the opportunity appears, the trapped orders can be slightly reduced.

According to the market trend and combined with technical analysis, find a good time to add some positions and slowly make up for the losses.

3. Being trapped at a low position
One word: wait!
When the market pulls back, find an opportunity to get out of the trap, or reduce the position when the price is low.
Once the market changes, the trapped orders must also stop loss quickly, don't linger.
Then do the opposite, buy the opposite, and try to recover the previous losses.

If you don't know how to do it, come to me directly

Newbies who want to play contracts must first go to a stable and safe exchange. Second, find a teacher who can guide you. Third, you must have a good attitude and not be greedy. Fourth, control your position and set a stop profit and stop loss. Fifth, anyone who charges a fee is a scammer.

November 13 Wednesday
Network holdings long-short ratio
🔴Long: 48.7% :🟦Short: 51.3%
————————————————
Main news
1️⃣Bitcoin mining company MARA's third-quarter revenue did not meet expectations, and reserves increased to 26,747 BTC
2️⃣South Korean police uncovered a $213 million crypto investment scam, the mastermind was an internet celebrity with 620,000 fans
3️⃣The total net inflow of US Bitcoin spot ETFs yesterday was $818 million, a net inflow for 5 consecutive days
——————————————
🔎Major event calendar
US Department of Justice: Daren Li, one of the suspects in the $73 million crypto money laundering case, has pleaded guilty

Bitcoin entered perfectly near 86,200 and Ethereum near 3,130, and is currently making a small profit. Ethereum is a little weak, so those who have followed it should continue to hold and see how the evening shipping situation develops. Take it slow!

Why are most people still losing money in the bull market? There are three main reasons! #比特币搜索热度攀升

1. Wrong currency selection

This round of bull market is not hopeless for cottages, but among all the targets, only a few can rise. When you don’t understand the development of the industry and lack of cognition, you can only pick up leftovers. You don’t understand the coins you bought, so even if you are lucky and buy a good rise, you only buy a small position, and most of the funds are in a loss.

3. Wrong timing to buy

You choose the wrong currency and don’t understand the fundamentals, but at least you can use the technical side to help you increase your winning rate and reduce the probability of loss. When you are optimistic about a coin that is rising well, you can also see from the market whether you can enter it later, so as not to chase it at a high level.

3. Know how to buy but not sell

There are few coins that can rise by themselves, and it is not ruled out that some people are lucky and can encounter a good rise. I suffer from not knowing how to sell. I either run away as soon as I make a little profit, or hold on to my stocks even when the market reaches its peak. I cannot seize good opportunities. God has given me opportunities, but I don’t work hard to improve myself and have no ability to seize them.

Affected by winter time in North America, the US October CPI data will be released at 21:30 tonight. Investors are advised to pay attention.

11.13 Brother Nan's Morning Silk Road Analysis Suggestions:

The recent high-profile rise of Bitcoin has finally encountered pressure and stagnation. Yesterday's market also showed a continuous upward trend, but after reaching the historical high of 90,000, it faced heavy retracement pressure, resulting in a stalemate between bulls and bears in the market.
Although I am an enthusiastic follower of the bulls, I still need to calmly analyze the market direction and risk control. Currently, there is a stagnation phenomenon in the high price area, with frequent alternation between bulls and bears. When participating in market trading, a range trading strategy can be adopted to respond, and further planning can be done after a breakout, adapting to changes without changing!

Pay attention to the resistance at the 90,000 area above, while the support strength at the 85,000 area below should also be monitored.
Within this range, we will adopt a high sell and low buy model!
Just synchronize with Ethereum, and I advise against touching altcoins; otherwise, you won't know how you lost everything!

In the investment market, breaking free from a loss is a common challenge for investors. I have experienced two bull markets and would like to share some experiences on how to recover from losses.

When trapped at a high position, one option is to wait for the market to rebound and withdraw at the right time; another is to sell part of the holdings at a high price to reduce position and minimize losses. When the market suddenly changes, be decisive in cutting losses and consider reverse operations to recover losses.

When trapped at a mid-range price, don't rush to cut losses. Calmly observe the trend, wait for the right opportunity to reduce positions, and look for opportunities to increase positions through technical analysis to make up for losses.

When trapped at a low position, patience is key. Look for opportunities to recover losses during market corrections or appropriately reduce positions at low prices. When the market trend changes, decisively cut losses and implement reverse operations to recover losses.

Brother Nan's big order today
🔥Over 1600 points
Profit of 25882 oil

No matter how high the sky is, standing on tiptoe brings you closer to the sun #BTC合约

Several Fatal Mistakes Commonly Made by Newcomers:
1. High leverage and full position trading. Many people like to use high leverage along with full position trading, resulting in insufficient margin in their accounts, which can lead to liquidation with just a slight market fluctuation. In fact, high leverage means high risk, especially when the market experiences even minor volatility, it can lead to total losses.
2. Being too greedy or unwilling to accept losses. After making a small profit, they hold on, thinking they can make more, believing the price will rise further, only to watch it drop from its peak. When faced with losses, they hesitate to cut their losses, thinking it will recover, which only leads to deeper losses.
3. Chaotic position management. Newbies often invest all their funds in one asset right away, and when they get stuck, they find they have no funds left to invest in other contracts, resulting in very limited operational space.
4. Envying others. Seeing others making 10x or 20x returns, they also want to get rich quickly, leading to impulsive all-in decisions, unaware that this is often the beginning of losses.
The patterns of losing money are similar; to avoid taking the wrong path, remember to follow me for steady progress!

The pancake has surged again 📈, currently breaking through 90,000, reaching new highs. The short-term trend is very strong. Recently, pay attention to the fundamental news, as the technical indicators are not very useful at the moment. The expectation remains unchanged for a fluctuating upward trend. The support below is first seen around 87,000, treating it with caution, no pressure to consider.

BTC breaks through the $90,000 mark!

In a bullish trend, do not perform short selling operations; instead, choose to buy on dips.

Because prices may suddenly experience a 'needle' (a rapid drop followed by a quick rise), and then rebound swiftly. The key here is your position management and the allocation of entry points. A more advanced approach would involve having a comprehensive averaging plan and an exit strategy.

In terms of BTC, the current level of 89,000 is a short-term support level, while 87,000 - 85,000 is a stronger support zone. If the price drops below 82,000 (excluding the needle situation), the market may enter a bear phase.

Regarding ETH, due to its continuously declining exchange rate, it is not as strong as BTC and also carries characteristics of altcoins, so it can only be referenced based on BTC's price.

If we must point out key levels, then focus on the 3,200 - 3,100 levels and the support strength in this range.

Doge has risen to the pressure level of 0.35U from 3 years ago. For short-term operations in the spot market, one can only ambush near 0.28 (or 0.27 +), allowing for a small profit.

For example, if the price reaches the expected level and you sell everything at 0.33, you can achieve a 20% profit.

Don't always argue with me; just tell me, isn't this much better than losing money or being stuck?

This coin is one of my key focuses.

The Wld coin cannot be considered completely worthless junk, but it is also a relatively marginal coin; if the price is below 2.1U, I will neither buy nor pay attention to it.

Ordi and fet always have profit opportunities; do not average down before reaching the averaging point, and just execute operations according to the predetermined goals.