Important event reminder for this week:
On Monday evening around 21:00, Michael Saylor, the founder of MicroStrategy, may announce further purchases on Twitter, which requires close attention. If confirmed, BTC is likely to experience significant volatility in the short term.
Path: AICoin PC or APP, 【News - Twitter】 section
On Wednesday, during the New Year's holiday, stock markets in Hong Kong, the USA, Japan, and others will be closed, which may affect liquidity. If either buying or selling parties dominate, it will be easier to influence the market than usual.
As 2024 approaches its end, BTC is likely to continue its volatile trend in the short term.
According to AICoin (aicoin.com) data, the US spot Bitcoin ETF funds have failed to maintain net inflow, and Coinbase BTC continues to have a negative premium, meaning demand in the US market is less than in the Asian market. It is necessary to pay attention to the situation of large buy orders appearing on the Coinbase and Bitstamp platforms.
At the same time, according to Binance BTC pair data, LSUR is slowly rising, while the position volume is declining. Meanwhile, the main force in the spot market continues to sell at market price, with large holders showing bearish sentiment.
Currently, technical indicators have not shown rebound signals, making it suitable to operate AI grid trading, achieving 'selling high and buying low' during phase rebounds or pullbacks, effectively capturing short-term opportunities for profit.
Tips for grid trading: Short the grid after a surge; long the grid after a drop; use neutral grids during fluctuations.
Advantages of AI grid trading:
1. Suitable for both bull and bear markets: Supports two main types of spot contracts, unafraid of market fluctuations;
2. Automated trading: Continuous trading 24/7, fully utilizing all volatility opportunities without the need for manual monitoring;
3. Buy low, sell high: Execute buy and sell orders automatically through entrusted differential or proportional methods within a set range;
4. Zero knowledge operation: Parameters are set directly by the program, and investment amounts can be run.
5. Automatic adjustment of grid range: As the average price rises and falls, the upper and lower limits of the grid move automatically, avoiding missing out on market opportunities;
AI grid tutorial: https://www.aicoin.com/zh-Hans/article/418636
The above content is for reference only. Please make investment decisions based on your own situation!
If you have any questions, feel free to join the 【PRO CLUB】 group to discuss with the editor~
