November sub-account mini fund 30-day earnings of 85,764 RMB (Image 1)
November large account profit of 64,000 U, equivalent to 464,000 RMB (Image 2)
After this wave of bulls, it's time to take a break and observe, picking some good varieties to wait for opportunities to act again. Currently, Bitcoin is consolidating at a high level, and some profit-taking has caused a sharp drop in price during the day. In terms of sentiment, we have already experienced a wave of FOMO. Previous analysis had detailed this. On November 25, there was a sell-off, but it did not materially break below 90,000, although the drop was within expectations. We look forward to another sharp drop after the market hits a greed index of around 94. For now, the best buying point appears to be around 92,500. The specifics need to wait for the strength of this rebound to test the previous high points to determine. Overall market conditions are positive; in personal choices, the direction remains primarily bullish;
Shorting in a bull market is indeed not favorable, so giving up short positions reduces the probability of losing money by half. Choosing the right varieties is crucial. XRP's characteristic of not looking back after a rise has a bit of that last bull market feel. As Bitcoin's market share decreases, the real altcoin season will gradually arrive. Contract players should choose varieties with better market capitalization and trading volume, especially those that resist declines when Bitcoin drops. After a wave of main upward trends, look for sideways continuation structures to enter and take off with the trend;
Many people ask how much leverage? How much position? My logic is to use a risk-reward ratio mentality to place trades. What is the maximum loss I can accept for a trade? If acceptable, then calculate the position size, which is related to take profit and stop loss. Opportunities with a risk-reward ratio of 1:2 or higher are worth taking; not every opportunity should be entered. The relationship between whether you can make money and your capital is not very significant. With a constant loss amount, the more precise the entry point, the larger the position that can be taken. This is the significance of technical analysis! Indeed, in front of large capital and luck, technical analysis is not worth over-praising, but without technical analysis ability, even with a lot of money, it means nothing. Luck also has an expiration date. Let's encourage each other! #NFT市场回暖 #XRP市值重回第三