The core of trading is survival; profits come second. Before taking action, think about whether your operation is stable and whether your capital is safe. You need to explore a trading method that suits you and continuously refine and improve it. Brother Rui's words may not turn you around instantly, but they can accompany you along the way. On this path in the cryptocurrency world, only those who can stay for a long time and laugh until the end can pick the fruits they want. I hope you can comprehend this point.
I am Brother Rui, a comrade guarding everyone in the cryptocurrency circle. I hope my fans can achieve financial freedom in 2024; let's work hard together!#币安矿池FB联合挖矿
Brother Rui's latest interpretation of Bitcoin (BTC) market on November 21, 2024:
Bitcoin is now 97,450 yuan, around 1 PM Beijing time. During the early morning, Bitcoin did not break 95,000; I opened a short position at 94,200, and 93,000 held and bounced back above 95,000. At that time, one should understand how strong the bullish force is. Therefore, the short-term indicator touched EMA60 for the third time but did not break; I decisively exited at 94,000 and went long at 94,300, targeting 97,000, looking higher at 99,000.#市场围绕90K
Before writing this article, the daily K-line had surged to 97,800, just 1,200 points away from 99,000. The EMA15 fast line supports upward movement, and the MACD shows a bit of divergence with increased volume; the market is overly greedy, with the greed index breaking 90. The upper Bollinger band is pushing against 102,000, and the middle band is at 83,000. Before hitting 99,000, let's see if the market will pull back; if it does, you can wait for it to stabilize before entering long positions. Don't forget to set your stop-loss; safety first.#美国大选如何影响加密产业？
The short-term K-line's drop in the early morning was quite severe; the short position at 94,200 didn’t run to 93,000. The short-term outlook seems strong for shorts, but it quickly bounced back. This time, I learned my lesson and exited with a small loss, then entered long. Now, indicators like MACD and KDJ are all rising, and the upper Bollinger band has broken 96,300, overall still bullish. If it pulls back to 95,000 without breaking, you can enter; you can also try going short before the 100,000 barrier.
Short-term reminder: There are no absolutes in the market; manage your stop-loss well. Small losses and big gains are the right way.
The above are Brother Rui's personal views, quite familiar with BTC and ETH. Because the article is a bit delayed, these opinions and suggestions are for reference only, and the risk must be borne by yourself. Please indicate that it is produced by Brother Rui when reprinting. Manage your position well when trading, don’t go all in. Remember, the market is always right; if you are wrong, you need to find the problem within yourself, don't let profits run away. Follow the trend; if there is no trend, wait and see clearly before taking action. Future success depends on today's choices. Heaven rewards diligence, earth rewards kindness, and humanity rewards sincerity. Investment is the same; you must keep your word, be precise, and be mindful. Gains and losses are all about fate; set stop-loss and take-profit for every trade. Brother Rui wishes you happy investing!#以太坊基金会
Finally, walking alone on the road of cryptocurrency trading can inevitably feel confused and lonely. If you want to find a group or have any doubts, feel free to follow the public account: Brother Rui's Thoughts on Blockchain. Thank you for reading, and I hope we can walk further together on this road!
