I have seldom analyzed the market recently, because there is nothing to say. In fact, it is very clear from the weekly trend.
The characteristic of a bull market is that the high and low points keep moving up, and the price will break the previous high after each correction.
The daily line has experienced three waves of decline, and the short-selling volume is getting weaker and weaker. It fell below the support position and quickly closed up, indicating that the important support position is very strong. At present, it continues to fluctuate in the entire range. When the short-selling volume is released, it is time for the bulls to exert their strength.
We analyze the market. As long as we judge from the clues on the market that the trend has not reversed, we will just wait for the flowers to bloom. We are not hourly workers or Jinrong workers. We must see rice every day.
The market did not rise in one day. Before entering the market, formulate a strategy, and leave the rest to time and execution.
Doing trend spot trading, especially the investment philosophy in the Qiqi District, is mainly medium- and long-term spot trading. It is really not that tiring and there is no need to watch the market every day.
The May Day holiday is coming soon. The world is so big and so good. Go out more.
Investing to make money is to make us enjoy a better quality of life, not to suffer and torment in the currency circle.
Just like what many people are saying now, the passage of Bitcoin and Ethereum spot ETFs, the market will not rise if they are not passed, and the market will not rise if they are passed. What is the intention?
Just like the news that the US SEC rejected the passage of Ethereum spot ETFs in the past two days, I analyzed this in my article about the passage of Bitcoin ETFs last year.
It’s just a matter of time. Hong Kong has already passed the Ethereum spot ETF. It’s just a matter of time for the world to pass the Ethereum ETF. What does it matter if it’s one day earlier or later?
We just need to understand that this is a long-term benefit for the currency circle, and the rest is left to time. It’s really worrying every day.
For example, as with Binance CZ being sentenced by the US court, Binance’s assets are all traceable on the chain. If you are really worried about asset risks, then you can just mention it in the front package.
The front package also has its own risks. If the operation is not good, an inadvertent authorization may also make your assets in the front package instantly return to zero. This is also a common thing.
In any case, only when our cognition is improved and we have mastered the professional trading techniques, mentality and strategies of the cryptocurrency circle, then for us, the rest will not be able to influence, tempt or interfere with us.
Just make money that is clear and obvious within your own cognitive scope, and protect your own piece of land.
Others are theirs, what does it have to do with you and me?
If you don’t have the correct independent thinking and operation ability when investing, it is better to stay away from it, so that at least we will not have the risk of loss.
