The pancake has been oscillating back and forth in the 94000 range throughout the day. Friends who don't have positions can consider a short-term trade.
Those looking to short can pay attention to the area around 94600.
The mentality of trading cryptocurrencies is crucial.
The mentality of trading cryptocurrencies is crucial; even if you have millions, you can still end up with nothing. Trading cryptocurrencies is all about mentality.
Cryptocurrency trading is a psychological game, a contest of intelligence among millions of people, a fierce psychological war. The fluctuations in the cryptocurrency market reflect the psychological changes of both parties involved in the trade to some extent; in a way, trading cryptocurrencies is a test of psychological resilience. In the long run, the ultimate winners in the cryptocurrency market are mostly those with higher psychological quality and better mentality.
Initially, trading cryptocurrencies is about curiosity and interest; later it becomes about skills, then about unexpected outcomes, unique insights, judgment, wisdom, and ultimately, it’s about mentality and state of mind.
"The most important thing in trading cryptocurrencies is mentality, the second is mentality, and the third is still mentality."
Success lies in mentality, and failure also lies in mentality. Over a certain period, participants' emotions and their madness or rationality will play a decisive role in cryptocurrency trading. Without good psychological quality and a calm mentality, it is very difficult to become a big winner in the end. Sometimes, the market trends are only clear in hindsight; why weren't they clear beforehand? Why do losses keep occurring? Aside from technical reasons, we can look for causes in mentality. When the market rises, the desire to keep rising replaces rationality; when it falls, an unstable mentality leads to fears of further decline, clouding judgment. Some people often swing between excessive confidence and lack of confidence, usually making mistakes when overconfident and also when lacking confidence, which might lead to a complete loss of faith. Some say that a good mentality in trading cryptocurrencies means not being happy with rises, not being sad with falls, not being happy with profits, and not being sad with losses. This is easy to say but hard to do. Most people entering the cryptocurrency market are ordinary individuals; they feel joy when they buy in the right direction and frustration when they buy in the wrong direction, which is human nature. What should be pursued is a state of mental peace. When buying correctly, do not be blindly optimistic or lose oneself in excitement. When buying incorrectly and facing losses, do not be blindly pessimistic or disappointed, which increases psychological burden and leads to loss of judgment, making mistakes worse.
To maintain a good mentality, no matter what happens, your mentality should not be affected. This brings a bit more calmness, a bit less impatience, a bit more rationality, and a bit less blindness, keeping the mind clear and not influenced by market changes. With a good mentality, there will be good results.
In the cryptocurrency world, you need to find a way to earn 1 million first.
In the cryptocurrency world, you need to find a way to earn 1 million first. If you only have a few hundred thousand and are just trading daily, it’s not really meaningful; it’s better to work hard. This refers to earning 1 million through trading rather than investing 1 million. Without sufficient understanding, investing 10 million could lead to total loss. Only when you have 1 million will your perspective on trading change, and life will be different because once you have 1 million in capital, even doubling your investment in spot trading over a year can yield 1 million in profit. In first-tier cities, earning 1 million a year can place you in China's elite class, which is something an ordinary person could never spend.
Earning 1 million only requires an investment of 50,000, and this 50,000 can be done without risk. You can first invest 100,000, wait for an opportunity when the cryptocurrency market flushes out retail investors, buy spot trading and earn a profit of 100,000, then use 50,000 of that profit to bet. To make big money, you must take risks; when good opportunities arise, roll over your investments, using two to three times leverage a couple of times to roll out.
If you lose the bet and the profit of 50,000 is gone, invest another 50,000 to bet again. If all profits are gambled away, stop and continue to rely on the 100,000 capital to earn profits to gamble.
It sounds easy, but it requires an unimaginable level of patience. #比特币价格走势分析
The flatbread dropped from 95,000 directly to around 92,700, influenced by news and also suppressed by the 4-hour middle track. It briefly retraced; although this wave of retracement broke below the 1-hour middle track support, it quickly regained its ground and returned above the middle track. With the U.S. stock market opening lower, a small rebound is expected first, followed by another retracement! Therefore, in the future market, pay attention to the area around 94,800-95,300 above. If it breaks the previous high, focus on the daily middle track at the 96,000 mark! Below, watch the area around 931-927-921, and if it breaks below 92,000, continue to look down to the previous low around 91,000!
There is a very foolish way to trade cryptocurrencies that almost guarantees 100% profit. From now on, start studying cryptocurrency trading seriously. There is an uncle around me who used to drive a taxi, then he got involved in the cryptocurrency world. From then on, he started studying cryptocurrency trading seriously and achieved a significant turnaround in his life, with assets reaching 8 figures. The method he uses is actually very simple, with just 4 steps: selecting the cryptocurrency, buying in, managing positions, and selling out. He will explain every detail clearly to you! The first step is to open the daily chart and only look at daily-level cryptocurrencies with a MACD golden cross. It’s best to choose a golden cross that is above the zero line, as this has the best effect! The second step is to switch to the daily level and look at only one moving average, called the daily moving average. Buy when the price is above the line and sell when it is below. The third step is after buying, if the cryptocurrency price breaks through the daily moving average and the volume is also above the daily moving average, then buy with all your holdings. The fourth step is selling, which is divided into three details. The first is when the wave increase exceeds 40%, sell 1/3 of the total position. The second is when the overall wave increase exceeds 80%, sell another 1/3. If it falls below the daily moving average, sell everything. The fourth step is also the most important step. Since we are using the daily moving average as our buying basis, if an unexpected situation occurs the next day and it directly falls below, then you must sell everything and not hold onto any false hopes! Although with our cryptocurrency selection method, the probability of it breaking below is very low! We still need to have risk awareness! After selling, wait until it stands above the daily moving average again before buying back.
1. Personality Determines Destiny. First of all, the contract is a speculative market that can be traded both long and short with leverage. A person's personality determines how long you can play in the contract market. Engaging in contracts is a process of accumulating wealth and experience, little by little. Therefore, people who are impatient and have a strong gambling tendency are simply not suited for this market. So the first pitfall is prepared for those who are impatient and impulsive. So how can we prevent the first pitfall? To be honest, a person's character is very difficult to change. Even if you learn some candlestick knowledge and some position management, the impulsive nature and the courage to take risks are hard to suppress. You need to find a friend who has a better personality than you, who can be more patient and self-disciplined, to help you make decisions and keep you in check. 2. Do not trade when your physical and mental states are poor. After talking about personality, let’s mention physical and mental states. I have personally had a few instances where I stayed up late, didn't sleep well, and during the day was busy maintaining fans and clients, dealing with real-life matters, and by night I was already very tired. When physically fatigued and in a poor state, my mind was not very clear, and I made trades in a daze. I later realized that I had made mistakes! This is an example of a poor physical state; during chats with fans and friends, I also mentioned mental state. For instance, if you are in a bad mood, just lost money on something, and want to urgently make some money back, or if you just made a profit and are very happy, you might casually make a trade to try your luck. None of these are the mental states one should have when trading contracts. At such times, trading becomes akin to gambling, with a 50% chance of winning. 3. Addiction I will put the pitfalls related to operation at the end; the first three pitfalls stem from personal issues. Later, I will mention pitfalls related to operations and technical knowledge. This addiction is a common trait pointed out by many online users. The Bitcoin market operates 24 hours continuously. Moreover, there have been so many mythical stories in the contract market, like turning 500 yuan into 1 million after a while. These are low-probability events, and when magnified, they attract countless participants hoping to profit greatly from the contract market. Newcomers, due to their boldness, do not consider these factors too much.
With iron powder rebounding, entering short positions again has gained over 1600 points, earning more than 7000 in profit. It's been a continuous short position with great results. If you don't come to take advantage of this good market, are you really going to wait until the bad market arrives to jump in? If you're unsure about the direction, feel free to connect at #比特币价格走势分析 .
For short-term traders, simply using daily candlestick charts is not enough; shorter period candlestick charts must also be examined. We often use 30-minute candlestick charts. In the short-term candlestick charts, we can find that 1-minute and 5-minute candlesticks are the most sensitive. Due to their high sensitivity, stability is much poorer, while 60-minute and daily candlesticks are relatively stable but have lower sensitivity. The 30-minute chart balances sensitivity and stability, providing a better trading effect. The 30-minute candlestick chart is our advantageous tool for judging the short-term market and individual stocks. Buying Method Foot Buying Method When the 13 line shows high and low foot patterns, an effective pattern occurs with the left foot low and the right foot high. When making the right foot, it is best to have low volume, and the K-line should operate with small bearish and bullish patterns on the 13 line. At the same time, the MACD's DIFF crosses above the DEA. At this time, a small amount of entry is recommended, and the additional buying point is when there is an increase in volume and the bullish candlestick stands above the 3 moving averages, while the MACD's red bars lengthen. During the period when the 77 and 99 lines are flat or turning up, the 13 line exhibits a shape similar to our foot, forming the heel, arch, and sole shapes. It is better to enter at the sole, and when at the heel, the MACD indicator shows a bunch of green bars, while there is a small bunch of green bars at the sole. Buying on the small bunch of green bars is called 'buying small.' The key in usage is to pay attention to the fact that the green bars at the sole must be smaller than those at the heel or have already turned red. Rapid Rising Point Refers to the 77 and 99 lines being flat and turning upward (establishing a short-term upward trend), with the stock price firmly above the 77 and 99 lines, and this temporary adjustment during rapid rise is called the rapid rising point. Line Approach Method Refers to relying on the 13 line, not the 77 or 99 lines. After the stock price stands above the 77 and 99 lines, if the stock price suddenly rises and the 13 line does not keep up, indicating a distance from the 13 line, it needs to approach the line when the stock price is close to the 77 and 99 lines. It's like a relay race; if the front runner runs very fast, the back runner has to adjust when they can't keep up. At this position, the K-line will fluctuate slightly up and down, waiting for the 13 line to rise and synchronize upwards.
Good afternoon everyone! I am Mr. Niu, this morning the Silk Road gave a high and low range, and this pullback just touched the second support level before rebounding. In a volatile market, don't be too ambitious; just make sure to store some in the warehouse first, and wait for opportunities and positions to enter the market, which is the best choice.
BTC Currently, from the perspective of small-scale technical indicators, pay attention to the stability around the level of 94500. Above this, watch for upward pressure around 95300—96000—97200; conversely, if it remains unstable, watch for support levels around 93400—92500—91500.
In every aspect of trading, fear and greed are omnipresent! It cannot be simply denied. There are beneficial aspects and harmful aspects. The correct way is to know how to discard or utilize such emotions.
Calmly reflecting on our emotional fluctuations during the trading process, we surprisingly find that when in profit, we feel fear! Fear of losing! When in loss, we are actually calm, especially for positions we are confident in (note: this is just our own belief that the position is correct). When in loss, we instead feel greed, leading to increasing positions to lower costs! The fear and greed generated in these two situations are harmful! They violate the trading profit logic of “stop loss and take profit”!
However, sometimes when we are in profit, we may feel greed, wanting to earn more! When in loss, we may feel fear, worried about losing more! As long as we manage these two types of fear and greed with a certain degree, they can actually be beneficial for trading profits! Because they align with the trading profit logic of “stop loss and take profit”! Everything has both positive and negative sides; the key is how to make good use of it.
Pay attention to the 96000 position at night. Only when the 1-hour level stands above this position, the 1-hour level will start to rebound. Pay attention to the upper target/pressure level near 97210-98310-99450!
If the rebound does not go up at night, pay attention to the bottom of the 1-hour level sideways zone at 94490. If it does not fall below, it will continue to form a sideways trend. If it falls below, pay attention to the lower support level near 93850-93170-92460!
Once you understand the truth of cryptocurrency trading, your life will be like a cheat! In the cryptocurrency circle, the real masters are not the most dazzling in technology, the key is to strictly abide by the iron market rules. 1. Don't guess the top when it goes up, and don't estimate the bottom when it goes down. Some people don't believe that Bitcoin can soar to 150,000 US dollars, because the crazy momentum of the bull market has not yet arrived. For example, 68,000, you think it is the bottom, but it fell to 62,000, and in the blink of an eye, it was 56,000. 1. For buying and selling, it is best to move 1% at a time. Why do you feel difficult when you have less funds? Experts add little by little, the cost of trial and error is low, and there are naturally more opportunities. 2. Don't be afraid of high prices, because it is difficult to make money if you are afraid of high prices. Think about it, the main force pulls a coin, the cost is not a small amount, advertising, chips, development, which one does not cost a lot of money? They have to make several times or dozens of times before they are willing to let go. 3. In the bull market, turning over depends on it. Even Buffett had to admit defeat when he encountered a bear market, so he stayed in Omaha and held on to the US stock market. 4. Technical indicators, just look at them, don't take them seriously. They are always half a beat slower, and they say the rise is good only when it rises. At that time, it has risen to the sky, so will you still chase it? Just like MACD, the golden cross just appeared, and it turned its face and refused to recognize it the next day. ¥5. Believe that you can win, this is a must. Which big boss didn't crawl out of losing money? But he has never been knocked down. If you don't even believe that you can make money, how can the money run into your pocket?
1.8 Analysis of the trend of the big cake in the evening on Wednesday
In the short term, the market may test the previous low point support of the four-hour chart again, and the 91,500 area has become the focus of current attention.
Short entry Luodai more than 1,500 points If you don’t have a direction, you can come and exchange your experience
Bitcoin collapsed last night, and I am currently short. It's a pity that I didn't make any profit from such a big drop, but I didn't lose money either. There's no other way. I can't short in a bull market, I can only wait for the bottom to appear and then go long. It's true that I can make quick money by shorting, but I can't make big money by going long [laugh cry][laugh cry]. With such a big drop here, I feel like I can forget about bottom fishing in the short term. If I'm investing in the medium and long term, I may have to wait for a while. In addition, many people are cashing out for risk aversion at the end of the year, so I'm not optimistic about how much the market will go up before the New Year, but overall it will still go up, and Bitcoin will reach new highs. Cherish every drop, because sooner or later it will go up.
Is there a possibility of a surge in the current market?
Of course there is a possibility of a surge! Market rules dictate that whenever there is a drop, there might also be a surge.
Surge due to positive news: For example, if significant positive news emerges, funds can quickly drive the market up.
Surge when retail investors are desperate: When everyone loses confidence in the market, there is often a sudden spike that catches people off guard.
Surge to seize time: The market manipulators quickly raise prices and gradually sell off at high levels to earn more money, and then lower the prices again.
Therefore, the best strategy is to hold onto your chips steadily. Even if it drops again, the space will not be large; patiently wait for market opportunities!
There aren't that many exceptionally talented people; outstanding individuals always overcome obstacles. If you want something, you must learn to collaborate with those who achieve results and walk alongside those with a broader vision. Success does not belong to those who run fast, but to those who keep running. Thank you to my family for recognizing Shaoqin's abilities, and welcome new students to join!!! Luodai has over 1,000 points.