This article is a repost of my most-read article on Twitter. It is not a real-time operation, but just a review of ideas. There are 170,000 people watching and sniping this article on Twitter. $SOL is a March 18th article.
I emphasize again, don’t follow it. This time it is not a simple intraday volume and price. The volume and price only show buyer weakness, and there is no seller enhancement.
This order is a high-risk, low-odds event resonance.
I am very busy, but I have received many private messages, including some big investors, asking when the market will open, at what price, and if I will follow, and if they will call me when the market opens, etc. Many friends are very blind because of my higher winning rate recently. This is not because of my high level, but because of the bull market.
I am not the kind of blogger who caters to fans. If I want to confirm something, I will do trend-based daily orders when the support is broken and the seller volume increases. In the current state, if we use the volume-price model to look at it, it is just that the buyer's funds are saturated, which is a stop-profit point for long orders, but not a short order opening point, and opening orders in a bull market is extremely risky.
So why should I do this?
Last year, I bought from 19700 to 38,000, and then from 3.76, I made a profit of 40% without closing the position, and finally closed at the original price. (There are real trading records on Twitter, not permanent profit)
As you can see, my trading habits are to take heavy positions at low prices, use trend leverage, and anticipate capital losses.
Sometimes, there are high-reaching operations. What is the logic behind high-reaching operations? Is it that if the price rises too much, it will inevitably fall back? Or is it that if there is FOM, it will lead to a crash?
These are all about inferring the process from the results. They are meaningless and are correct nonsense.
In trading, traders think about the dialectical relationship between winning rate and risk. (Old fans know this, there are many new fans recently). Many fans will think that I have opened a short position and am bearish when reading my Twitter. Some fans will just watch the show and think, "Look how stupid he is, he lost money" and so on. These are not important to me.
This operation and its risks are what I emphasized, but where are the high returns brought by the high risks?
Before thinking about this question, let us consider$SOL Why did the market pull up after the Cancun upgrade?
If the positive news about ETH is realized, it will be negative. This is easy to see from the results. Will Sol pull up the price at this time?
Those who have thought deeply about my Cancun views can see that Cancun is a long-term positive for Ethereum in the direction of paradigm development and exaggerated diversification.
After the narrative is told, other public chains will have the opportunity to tell their own stories. With the low gas price of Ethereum’s second layer, the development cost of dapps and the need for rapid expansion will make it easier for project owners to choose Ethereum.
The system is down, the price is pulled. The guests of the club have left, the price is pulled.
This is just one of them.
Second, on-chain monitoring found that it is a fact that high-net-worth early-stage SOL chips gradually migrate to short-term chips.
I've seen a lot of fact-based opinions:
1. The trapped shares in Sol's FTX were sold off during the bull market. They are all big shots. Even SBF donated to the election. It's an election year.
2. The United States needs a public chain to harvest the market, which is sol out of possibility, but I will prove it.
Once a downward trend occurs, these will bring profits that will be slaughtered, and it is difficult for you to enter these during a downward trend.
The biggest risk is that some of the chips are locked and there are not many liquid chips.
The current fomo sentiment can easily resolve the above risks and trigger an uptick, which is rare for traders.
Fomo means that the narrative is recognized by the market, and we are currently in a bull market.
I see the possibility of high profits, but please be aware of these high risks and don't follow them blindly.
I am not a teacher who opens orders, and I don’t have any fans. I just try it myself.
I will use the strategy to build a position when the buyers are exhausted (the time is very close), and then the sellers will increase their investment to cover their positions (based on the price). Don't follow!
