I've seen many people taking loans to trade contracts, be cautious brothers, trading cryptocurrencies with loans can lead to unexpected losses, and the outcome is a mountain of debt. One brother took out a loan of 250,000 to short Bitcoin, and now he is questioning his life, with only one last thousand left to cut losses. This isn't the first time he's held onto a position, he doesn’t learn from experience and doesn’t stop loss. If he had known he could hold on this long, he might as well have gone to work on a construction site.
Investing should be done with idle funds; investing for high returns is like killing the goose that lays the golden eggs. The crypto space shouldn't be approached with the mindset of getting rich quickly... Trading with low leverage slowly is better than facing liquidation... If you can control your desires, that already puts you ahead of many people. Manage your positions well, set your take profit and stop loss, observe the market, and don’t treat trading like gambling.
Let’s summarize the key points at noon:
1: Bitcoin is experiencing a volume reduction correction, consolidating on the 4-hour chart. Currently, there isn’t much profit space in operations. Don’t expect a deep correction before a long upper shadow appears; Bitcoin is in a volatile phase while altcoins are taking off.
2: Ethereum will see a wave of catch-up! Pay attention to the positions 3313 and 3270; at these levels, it’s possible to take short-term positions, targeting 3560, with a stop loss at 3250.
3: The old mainstream and public chains have entered a unilateral upward trend; currently, old coins are rising while new coins are not. Ultimately, market funds will rotate back to new coins, so be patient and don’t easily switch positions.
4: We are now at a greed peak of 93, and the mainstream has started to fomo. Once the rotation of various sectors ends, risks will arise. The strategy now is to sell as it rises; do not use high leverage, aim for steady profits.
5: 1.38 billion USDT flowed into trading platforms within 15 hours, and another 1 billion USDT was issued this morning. In the past 7 days, the circulating supply of USDC has increased by about 1.4 billion. Additionally, there was a net inflow of 92.3 million USD for Ethereum spot ETF yesterday, with issuance and net inflow being bullish for the bulls.
6: Market funds are flowing towards mainstream altcoins, aligning with expected trends, which is a positive phenomenon. Chain games and meme tokens are about to launch; buy on dips and set your stop loss.
