Potential risks on the market:

1. Grayscale selling pressure

2. Mentougou selling pressure

3. Bitcoin Conference

It has also fallen a lot at present, pay attention to market fluctuations!
#风险建议
#MtGox钱包动态

Lao Ma reduced his position by 70% and warned investors: Be wary of risks and invest prudently

Lao Ma, an experienced traditional trader, recently reduced his position in Bitcoin by 70%. He said that he felt panicked in the face of the recent crazy rise in Bitcoin, and reminded investors to be wary of risks and make prudent investments.

The following are the reasons why Lao Ma reduced his position:
Bitcoin price skyrocketed without a pullback, shattering all indicators. This makes Lao Ma feel uneasy and worried that there may be a major adjustment in the market. Options trading is extremely risky. Lao Ma recently made a lot of money in options trading, but he also almost lost his position. This made him realize that although option trading can magnify returns, it also comes with huge risks.

Lao Ma’s advice to investors:
Don't blindly chase highs, but do a good job in risk control. Especially in a bull market, investors should stay calm and not be blinded by greed. Don't use high leverage. Although high-leverage trading can magnify profits, it may also lead to liquidation and heavy losses. Hedge well to reduce risk. For example, you can buy a certain amount of put options to prepare for a callback.

Lao Zhang's actions to reduce positions also remind all investors: The cryptocurrency market has huge risks. Investors should invest cautiously and not blindly chase the rise and fall.

Here are some factors that may affect Bitcoin’s future trends:

1. Federal Reserve Monetary Policy
2. Global economic situation
3. Cryptocurrency regulatory policy and market sentiment

Investors need to pay close attention to these factors and make rational investment decisions.

#热门话题 #交易记录 #风险建议

The current situation of BTC is called short squeeze. The more new short parties enter, the faster it will rise. The new air force's selling orders were quickly absorbed by many parties.

There is a very subtle critical point between this, that is, when it is about to decline, only the extreme FOMO of the buyer will fill up the liquidation line and be very close to the price. Then, at the first opportunity to show weakness, when the short side is completely overwhelmed, the trigger will occur. A multi-party mandatory order is also a multi-party stop loss/forced liquidation order (sell order). A chain reaction began, with a cascade of liquidations and liquidations. This waterfall is called flush.

Another type of decline is called capitulation. Capitulation is when a huge candle suddenly appears during an upward or downward climb, with huge trading volume. At this time, the trend side completely takes a profit-taking position. Trends naturally reverse. The JUP I issued before is like this, but it is bearish and reverses multi-directional.

It can be confirmed that it is in the short squeeze stage, but it is impossible to predict when the flush will occur. Drag racing is okay, just wear a seat belt. Set your stop loss well, or use a trailing stop and raise your stop loss position after each new support appears.

With tens of millions of transactions, safety comes first. The picture below is the current liquidation heat map.

#风险建议 #BTC #内容挖矿

Five golden rules of risk management to make your trading more robust

The “2% rule”: Risk a single trade should be within 2% of your total trading account. This is like setting a firewall for your trading account - ensuring that every risk you take does not cause you to lose too much.

Volatility-based stop loss: Adjust the distance of your stop loss as the market fluctuates, just like adjusting the size of your umbrella according to the weather forecast. If the market is windy and rainy, your stop loss distance should also be flexible.

“Stepped” entry and exit: Building and exiting positions step by step, like climbing stairs instead of taking an elevator, can make your risk exposure more manageable and make your account more robust.
Set price alerts: You will receive alerts when the price reaches key levels. Just like your smartwatch reminds you to wake up, price alerts can help you make timely decisions at critical moments.

Backtest with actual slippage and fees: Calculate slippage and fees in your backtesting, just like calculating the various seasonings when you cook. This will make the profit data you get more realistic and reliable.

Master these rules and your trading journey will be more robust and risk-free. Don't forget that successful trading depends not only on accurate analysis, but also on effective risk management! #美国以太坊现货ETF开始交易 #美国大选如何影响加密产业？ #山寨季何时到来？ #市场动态 #风险建议 $ETH $XRP $BNB