In the world of trading, understanding is crucial. Although many people have been working in the field of trading for 20 to 30 years, they still fail to understand its essence. Trading is as difficult as climbing to the sky, and its tortuous road is like the path of practicing Buddhism.

I also studied day and night for eight years before I finally realized something:
In 2016, I first got involved in the cryptocurrency circle. I thought it would be a natural thing to operate based on the experience of foreign exchange and the market, but I didn’t realize that the cryptocurrency circle has its unique fluctuation trajectory and characteristics, and I suffered losses.

From 2016 to 2020, I was deeply involved in the research of technical indicators and entanglement theory, and I went astray. I wasted two years in vain, trying to find the 100% certain opportunity, pursuing the lowest purchase and the highest sale, but the result was unsatisfactory!

In 2020, I began to contact trend theory and embarked on the right path. I learned the breakthrough trading method of "buy high and sell higher", but I went astray and tried to distinguish true and false breakthroughs and screen trading opportunities in order to improve the winning rate. This is the wrong direction.

In 2021, I realized that there is no need to distinguish true and false breakthroughs, give up looking for certainty and high winning rate, and just make a bold breakthrough as long as the profit and loss ratio is high.

In 2022, I practiced a lot of brainless breakthrough trading, both long and short, but ignored the general trend. As a result, false breakthroughs occurred frequently, making it difficult for me to stick to the breakthrough trading strategy.

In 2023, I realized the epiphany of "unity of knowledge and action". The secret lies in position control, light position operation, keeping calm about losses, daring to act, and daring to hold floating profit orders, but at this time I have not yet realized the importance of the general trend.

In 2024, I completely realized the importance of the general trend, became a general trend cycle trader, and was promoted to a long-term trend trader. I no longer blindly trade long or short, but first determine the general trend, only go long in a bull market and only go short in a bear market, firmly moving in one direction, and holding long-term positions for a few months to a few years.

The above is my trading enlightenment journey, to be continued...

According to the rules of the 21-year bull market, it retreated about 10% after the first new high. At this time, it is in an atmosphere of extreme fear, and the rules have been broken. The bad news is good news!
The Mentougou incident is coming to an end. In the near future, there will be news of large-scale institutional purchases. This news is often released only when the market reacts. If you eat the fish head, you will pay the price. Build a position according to your own situation!

Privately, I also gave a short position at 91500 and a short position at 3212 for Ethereum!

Bitcoin fell from the 91500 prompt to short to 89400!

Ethereum fell from the 3212 short position to 3035!

The market is running in a range, and catching a few thousand points of small trends is what we need to complete next!

What a clear and direct point of view, which is to go short. After I posted this idea yesterday, I hesitated about this idea for a long time. If you missed it, you missed it. Don't make excuses!

Ethereum is short at 3220, far exceeding the target of 3080 by 140 points!

The lowest price of Bitcoin was 89400, and the short position of 91600 given at noon yesterday won 3,000 points!

At present, the main idea is to see if the new high is broken, then whether to enter the market after the decline, at which position to enter the market, and whether it will go down all the way!

If these key information are not available, it is recommended that you must not trade blindly. The future fluctuations will frequently switch directions. Don't think that it is safe to just enter more. For example, the market crash has not been very intense in the past few days!

Ethereum has seen a sharp rise. Don't chase highs. The continuous rise caused by this is questionable!
Short at 3220, short-term target 3080! Suggestions for reference!

Last night, the market fell first and then rose. The market is still switching directions frequently. With Bitcoin as a representative, it can be seen that the main force also has differences, and ETFs have begun to net outflow!

As for whether it can break new highs again, judging from the current trend, it is unlikely!

91600 short, short-term target is 88500

3120 short, short-term target is 3000

From 90300 to 88000, it just reached the target; from 3130 to 3020, the target was also reached!

Short-term within normal fluctuations is not something you can grasp at will!

The pie has fluctuated back and forth for 3,000 points. After falling from the high of 9.3W, this round of rising prices caused by market sentiment has temporarily stopped rising. The market trend may end this strong pattern at any time!

The strength of Ether weakens, and the risk of the market outlook turning into extremely weak increases. As long as you see a high level in trading, you can take short positions and place small trend orders first!

90300 is short, target is 88000

3130 is empty, target is 3020

Yesterday I gave a short position at 91000, and saw 88500, with more than 2,000 points of space. Then I went long, and seized the short-term opportunity!

I have been thinking of the main short position these days!

The short position at 91,000 given in the afternoon has just dropped to 88,900, a space of 2,000 points!

In the early morning, the price went from 93,000 to 88,000, which was exactly one high and one low, 5,000 points!
It started to fluctuate, so you can buy high and sell low. The current price has reached 91,000, so you can go high and short. The small-band target is 88,500!

In the early morning, it was said that it would continue to fall, to 88,000, and sure enough, it just reached this line!

From 93,000 to 88,000, 5,000 points! Are you sure of it? Or are you trapped at a high position?

Including BTC, ETH, and 10 altcoins, all of them have left the market. A total of 12 varieties have been entered tonight, so I will not go into details one by one!

Although there was a large loss order tonight, it didn't hinder anything, because every time I brought 500 points of defense to short-term trial and error, once the trend was captured, it was thousands of points!

I gave 92,900 short in the early morning and gained nearly 3,000 points!

The short position given earlier at 92,900 has retreated to 90,000, exactly 3,000 points!

There is a high probability that it will continue to fall, to 88,000. This wave will fall from 93,000 to 88,000, 5,000 points!

I shorted Ethereum at 3316 and exited at 3170, which is 140 points!

I shorted Bitcoin at 92900 and exited at 90300, which is over 2,000 points. I also lost a short position on Bitcoin!