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Please allow me to talk about my experience here
Since that black swan incident, I have been paying attention to this matter since then, but I have never traded and have no experience, so I watched others play it and I thought it was very simple. I started with a few thousand yuan to start spot trading. At that time, I made a profit of 10%. I felt like I had discovered a new world of making money, because everyone knows that the interest rate in our country is indeed relatively low, so I also used some of my spare money to do this. Later, I repeatedly invested tens of thousands of yuan. At that time, I didn’t understand it, so I blindly opened contracts and used 200 times leverage at any time, which led to my repeated liquidation. During that period of time, I didn’t sleep well because I was looking at this number every day, which really affected my mentality. In total, I should have lost more than 30,000 yuan at that time. Later, I calmed down because my friends around me told me not to play anymore, so I started to learn and often watched live broadcasts about trading. I read the book about support lines, negative lines and rising lines. It has been about two months since I decided to verify my learning results. I brought 10,000 yuan into the contract, 40 to prove that I really understood it. I have my own trading methods. Maybe they are not so good yet, but I have been making profits from opening orders in the past few days. Now my principal has doubled, and now I am also a trader. Although it has only been a few days, I will let those who believe in me reduce the risk to the lowest. There is no 100% success in the trading market, but the risk can be reduced. As long as you make money steadily and do not cover the position, everything will develop in a good direction. From not understanding the liquidation at the beginning to being able to stand on your own in the trading market now, if you happen to see this article of mine and you are still a novice, my suggestion is that you can follow me first, and I can also send you some of my learning materials, which may be helpful to you, including how I find some of the learning materials I want. I can provide you with them. These are some of my experiences and methods, and I hope to give everyone a reminder! Don't operate blindly, otherwise it is easy to liquidate. It is not easy for everyone to make money. I hope everyone will make a lot of money in the trading market.

Cryptocurrency Market Analysis Today: Market Volatility and Future Directions

Overall Market Situation: The cryptocurrency market has shown certain volatility today. According to the latest data, the total market capitalization of cryptocurrencies is $1.24 trillion, with a 24-hour trading volume of $37 billion. Bitcoin and Ethereum, as market leaders, occupy a significant share.
Main Currency Performance: The price of Bitcoin has slightly declined today, with the latest quote at $97,806.19, a decrease of 1.15%. Ethereum has performed relatively better, with its price rising to $3,407.88, an increase of 2.81%. Other mainstream currencies such as USDT, BNB, and XRP have also experienced varying degrees of price fluctuations.
Market Trend Analysis: Recently, the cryptocurrency market has been significantly influenced by the global economic situation, risk aversion sentiment, and policy impacts. Bitcoin, due to its limited supply and safe-haven attributes, is often favored by investors during times of economic uncertainty. However, the market still faces risks from regulatory policy uncertainties, which may affect short-term trends.
Future Outlook: The cryptocurrency market may continue to experience volatility in the short term. In the long term, with the widespread adoption of blockchain technology and the increased participation of institutional investors, the market is expected to achieve steady growth. Investors need to pay attention to the global economic situation, policy changes, and market dynamics, and operate cautiously.

The end of holding an Ethereum order is to pay for your behavior. To be honest, I don’t recommend everyone to enter the contract. First, the handling fee is very high. I made money by covering my position several times, but I found that I still lost money after I sold it. In the end, I was still liquidated. I have been holding orders since yesterday. I have been buying faith, but I only use the money I can move. In the end, I paid for my behavior. I am increasingly unable to understand the changes in this market. The market plummeted wildly after the good news came out. I bought the bottom and bullish yesterday. I predicted 2.9 and I predicted it correctly. All of a sudden, the fifty positions rose to more than one hundred profit u. I thought it could still rise, but I didn’t sell it! So this is my cognitive buying order. I feel that since the good news came out, it will definitely break through the pressure level. I didn’t expect it to be my problem. Everything is illusory! It’s all the dealers who have the final say. As long as they have more chips, they can harvest them back and forth. The right to speak is in their hands, so I don’t think it’s necessary to care too much about the information! Because you have to know that many people know things, he just lets you know that he didn’t say that it will definitely rise or fall! I paid the price for my behavior. I kept holding orders and charging faith, but I couldn’t bear it anymore! If I don't transfer some of my profits to spot today, I will still be liquidated. I can only say that I am lucky to have left the last thought. According to this wave of market conditions, we must learn a few points when doing market trading and follow the dealer to do market trading. We must run when we make a certain psychological expectation, because you don't know what the bottom is, but we also have to stop loss, otherwise we will be in the process of carrying orders like me. Carrying orders twice made me pay a painful price. I hope everyone can treat this thing rationally, don't be emotional, don't believe in human nature, and don't think that your intuition is right. Everything changes according to market changes.

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Pay attention to the PMI data at 22:00 tonight. If the data meets or exceeds market expectations, the sell-off in the global market is expected to be temporarily suspended! This is good news, and it is okay to see a 5.7-point increase!

In July this year, once the US employment report was released, it instantly triggered everyone's concerns about the recession of the United States, the world's largest economy. After all, once the world's first economy starts a rapid recession, the global economy will decline rapidly.

But what is unexpected is that the first to be affected by this chain reaction is the cryptocurrency field. At the beginning of August, cryptocurrencies suffered a rapid decline, and the largest cryptocurrency Bitcoin once fell to $60,504.1. You know, Bitcoin hit a high of $70,000 on July 29. In a few days, Bitcoin not only failed to maintain a positive situation, but plummeted 12% from the high point, which was shocking. Therefore, investment is risky, and everyone should try not to go all in