For a long time, when updating content, Sanshu has always advised everyone not to over-watch the market and be a market participant of trends and values. Learning to shift attention will often have a much better effect on our cyclical investments.
Of course, this premise is that our investment philosophy is correct. Buying and selling is just a momentary action, and we must set the corresponding strategy before buying and selling, rather than letting greed or fear dominate ourselves when the market fluctuates abnormally, and completing buying and selling in an impulsive state. Holding the currency in the interest rate cut cycle and waiting in the interest rate hike cycle, the rise or fall in the middle is just to cheat the chips in your hand.
This is not an addiction of one person, but a common problem of traders. Uncle San is no exception, so I always remind myself to stay away from the market and watch the market for a fixed period of time every day. The market cannot reach a new high or a new low in one day, and the current rise and fall has no meaning to my operation. On the contrary, the return of chips to zero starts from watching the market continuously.
The founder of Tg spent 5 million euros to bail himself out. Let's see how the lawyers fight the lawsuit. As things have developed to this point, it is basically certain that this matter will be settled with a fine. There are indeed too many people paying attention, and a considerable number of them have sufficient political power. Recently, the CEO of OpenSea also said on social media that they received a notice from the SEC and were threatened with prosecution. The Americans really treat the crypto market as an ATM.
The macro data of ETFs has not improved yet. Yesterday, the Bitcoin spot ETF had a net outflow of 105 million US dollars, and the Ethereum spot ETF had a net outflow of 5.9 million US dollars. Affected by the negative impact of the earnings reports of top AI companies such as Nvidia that were lower than expected, the volatility of US stocks in recent days has also been very high. The helpless point of Bitcoin is that it fell after the US stock market closed, which means that the short-term market weakness is still due to internal reasons of the market.
The artificial bull market of a certain An is indeed quite outrageous recently. Basically, an unheard-of small cottage is arranged to enter the contract market every day, which has caused a short-term surge of at least 30%. The trading logic of some small-cap cottages really needs to modify the previous inherent thinking in the later stage. Last night, Mr. Liang called everyone to pay attention to the small cottage in the group. Not long after buying it, I felt that the big cake could not hold up and called for withdrawal in the evening. This behavior is absolutely necessary. Speculation is allowed, but you cannot be stubborn. The principal is the first.
The overall market is currently in a state of weak decline. Tonight's data is slightly negative and has not brought too much market fluctuation. If the PCE data tomorrow night can give a positive news, it can be basically confirmed that this round of downward decline has stopped. Wait for another 24 hours.
BTC: The 58,000 point wave of Bitcoin has been temporarily held, so let's pay attention to the data tomorrow night. The current holdings show that the shorts are gradually losing strength. If the price can continue to move upward after a wide range of fluctuations from 58,000 to 61,300 points, this round of fake fall can be confirmed. When the pressure level of the interval is broken again, it is likely to approach the previous high position in one go. The short-term market has the same volume of long and short positions, so pay more attention to the support below when choosing the direction temporarily. There are still about 20 days before the interest rate cut on the 19th of next month, which is enough for a round of amplitude fluctuations to wash out many people.
ETH: The Ethereum exchange rate has finally started to rebound, and it was supported twice when it approached 0.04 points. It seems that this position is a key emotional point, and the trend continues to be linked to Bitcoin.
SOL: Solana is about to return to the starting point below 140 points in this round. You can take it at 130 points, and you can take it at any time if it reaches 120.
TON: The bottom stop loss is lowered to five US dollars, don’t worry about it.
SATS: The four-hour market has temporarily broken through the pressure trend level. The daily closing line will stabilize tomorrow morning, and another round of market is expected.
The Fear and Greed Index is 29 during the day, in a state of fear.
Finally, stay away from leverage and stock up on spot goods! #Telegram创始人获保释 #英伟达财报 #OpenSea收到韦尔斯通知 $BTC