Cryptocurrency News
Hot Topics on October 2;
1. Bitwise submitted an application for a spot XRP ETF, but faced challenges from the U.S. Securities and Exchange Commission (SEC)
2. The US SEC may appeal the Ripple case ruling before October 7
3. World Liberty Financial: Thousands of people registered on the whitelist on the first day
4. Hashdex submits revised S-1 application for Nasdaq Crypto Index ETF
5. Pike Finance’s price plummeted by 90% because it only provided $10,000 in initial liquidity after TGE
Trading experience
If you can understand the price points, and you know that the orders are profitable, but you often miss opportunities due to psychological factors, you can read the following content: In the process of selling, there are only three situations: 1. Close all positions and realize the profits, but you have to accept selling at a loss; 2. Sell half and keep half, realize half of the profits, and the other half may have greater gains or losses; 3. Set up a break-even order, you may make more, but you also have to accept the reality of shrinking profits. This is the weakness of human nature, and the solution is very simple. Make a trading plan and strictly implement it, and use the plan to replace human greed and fear. For example, as I said before, the short-term position should not exceed 10% of the overall position. In terms of profit, the short-term position is 10%~15%, the medium-term position is 30%, and the long-term position doubles the principal. Using a trading plan instead of your own "willingness" will avoid the mentality of not daring to buy at the point and not wanting to sell at the target. This is also the basic lesson for every trader to get started, which is to defeat yourself first.
LIFE IS LIKE
A JOURNEY ▲
Below is the real-time group order of Dabai Community this week. Congratulations to the coin friends who have followed. If you are not operating smoothly, you can come and try the water.
The data is authentic, and each order has a screenshot at the time it was issued.
Search for the public account: Dabailunbi
BTC
analyze
Affected by yesterday’s war news, Bitcoin experienced a waterfall drop from a high of 64200 to a low of 60150, closing at 60800. The lower support is near MA90. If it falls below, it can be seen near MA60. You can go long if you step back. The upper pressure is near MA120. If it breaks through, it can be seen near MA200. MACD short position increases, forming a dead cross. The lower support of the four-hour chart is near MA200. You can go long if you step back. The upper pressure is near MA120. If it breaks through, it can be seen near the MA14 moving average. MACD short position shrinks. In the short term, you can go long if it reaches near 61060-60200, and the rebound target can be seen near 61700-62200. In the medium term, you can go long if it reaches near 59500-58620, and the rebound target can be seen near 61200-62800.
ETH
analyze
Ethereum followed the market and went through a wave of decline, falling from the highest near 2660 to the lowest near 2410, closing near 2450. The lower support is near MA30, and the upper pressure is near MA60. If it breaks through, it can be seen near MA14. If it rebounds near, it can be taken short. MACD short position increases and forms a dead cross. The lower support of the four-hour is near MA200. The upper pressure is near MA7 moving average. If it breaks through, it can be seen near MA90. If it rebounds near, it can be taken short. MACD short position shrinks. Short-term short position can be taken near 2529-2565. The target can be seen near 2500-2472
Disclaimer: The above content is personal opinion and is for reference only! It does not constitute specific operational advice, nor does it bear legal responsibility. The market situation is changing rapidly, and the article has a certain lag. If you have any questions, please feel free to consult.
