Finding trends, capturing trends, indulging in trends ~ Capital is key, stay true to your understanding, choose a direction, success is predestined, choice is greater than effort! I am Da Yu, the coolest guy in crypto, feel free to disturb me on Weibo with the same name.
2025.1.10 I often hear teachers say: trading is very simple, just sell high and buy low. So what is selling high and buying low?
'Selling high' refers to when the price is at a relatively high level, and investors choose to sell the assets they hold. Here, 'high' is a relative concept, referring to a high range compared to the recent price fluctuations of the asset.
'Buying low' is when the price is at a relatively low level, and investors buy assets. Similarly, 'low' is also relative. When the price falls to a certain range, investors find the price very attractive and expect the price to rise subsequently, so they conduct 'buying low' operations.
This range can be divided into various types, such as 1-hour level, 4-hour level, daily level, 3-day level, etc. Each level has corresponding support and resistance levels, and one can perform selling high and buying low at positions where most levels overlap!
Daily level: 85300 up and down 2KU is likely the bottom of this wave of decline, which may take about 1-2 months to settle. This position is crucial!
4-hour level: The 4H has reached a support position in a downward channel, but Brother Yu is more inclined to a false support. This wave of bears seems to be targeting the 90600 level around 12.06!
1-hour level: After breaking below the previous low, there is a wave of closing candles, and with tonight's news, tonight's non-farm payroll is likely favorable. It has already dropped 15000 dollars from the peak, and it is time for a rebound. Currently, the 1-hour resistance level is around 95700.
Operation plan: Those who are bold can go long now, while the cautious can wait for opportunities below 93000. For intraday trades, just exit at the 1-hour resistance level.
Seeing Brother Dong give back to his hometown, I feel particularly uneasy. The sense of hometown affection and responsibility he has, we cannot fall behind. This year for the New Year, I plan to go back to the village and invite the elders over 60 years old to my home for some excitement, and by the way, discuss with everyone, asking each of them to contribute a few thousand yuan so that the New Year can be more enjoyable and our relationships can deepen.
The market is too bad, I'm planning to go out for two days, are there any female fans online to book (requirements: under 23 years old) [smiling without speaking]
1⃣ Must achieve: earn more than lose and ensure survival at all times (capital safety) 2⃣ The flow of money in the financial trading world ultimately moves from the hands of people who are internally restless to those who are internally calm. (This is 'tuition is also teaching') 3⃣ The thrill of making money is what gamblers seek. Gamblers are willing to lose money time and again just for the thrill of making money once. (Stay away from leverage) 4⃣ Trading is a psychological game of probability, and trading issues should be handled from a probabilistic perspective rather than focusing on the correctness of specific trades. (Do not operate subjectively; let the data and objective facts decide)
On January 8th, the symptoms of the friends in the group have eased, and no one is fantasizing about a bull market anymore. The square has become much quieter, as if everyone has seen the reality and has begun to continue on the path of making a living. Some delivery workers picked up the hot lunch boxes they had thrown away in the morning, the couriers pulled their tricycles out of the ditch, the ride-hailing drivers called back the passengers they had just bargained with, the KTV princess apologized for the slap she just received, the waiter who just left turned back to tie on his apron, telling the boss he just went out for a smoke, which made the boss feel he was quite reliable and not slacking off, even taking a smoke break so quickly, and the person tightening screws immediately picked up the wrench that had fallen on the ground. No one is giving up on themselves, believing that the group will soon return to its former liveliness.