The reason for the continuous 3-day drop in BTC has been found. The fire in Los Angeles on January 7 burned 10,000 points off Bitcoin. Don't short anymore; go long on BTC and ETH. $BTC $ETH
With this strategy, retail investors cannot operate.
零下二度
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I said this morning that the three consecutive negative lines on the daily line have consumed 80% of the short-term energy. It is time to buy the bottom.
Evening market analysis: The market fell violently last night until 15:00 in the afternoon before it stopped falling and rebounded slightly. The current market is in the bearish form of Crab🦀️. The operation strategy for the night is high-altitude thinking. The pattern has gone bad. $BTC
Trading Game Theory (We are all small pigs; we can only follow to have meat to eat)
In game theory, the 'intelligent pig game' is a famous example of Nash equilibrium. Suppose there is a big pig and a small pig in the pigpen. At one end of the pigpen, there is a feeding trough, and at the other end, there is a button that controls the supply of pig feed. Pressing the button will supply 10 units of pig feed to the trough, but whoever presses the button will first incur a cost of 2 units. The button and the feeding trough are at opposite ends; the pig that presses the button has to bear a cost of 2 units and loses the opportunity to reach the trough first to eat. If the small pig reaches the trough first to eat, due to a lack of competition, the eating speed is average, and the final ratio of food consumed by the big and small pigs is 6:4; if they reach the trough at the same time, the big pig's eating speed increases, and the final ratio of benefits between the big and small pigs is 7:3; if the big pig reaches the trough first, it will monopolize all the remaining pig feed, and the final ratio of benefits between the big and small pigs is 9:1.
BTC and ETH both fell at night, with astonishing long position liquidations. This is very common in trading and requires advance prediction. After making predictions, necessary countermeasures must be in place. Trading is not an easy task; one must continuously improve their trading system to survive every unexpected event. $BTC
All the BTC and ETH short positions given during the day have been fully taken profit, with evidence provided. Feel free to follow ➕ Afo K-line Battle Method Guide.
Evening BTC Market Analysis: Currently, the BTC market is undergoing a 4-hour line pullback. Where will the pullback go?
It is expected that the BTC pullback position will be 98850, then continue to surge to around 101000, followed by a further decline to the red area in the image below (97000-99000) for consolidation. Attention should be paid to the Fibonacci retracement point 0.5 at 96000 (pin insertion point).
If you can get BTC here, please hold on tight, looking forward to a significant surge breakthrough in January. ETH will follow the trend of BTC.
In the future, there will be an ETH market pullback analysis, please stay tuned for me, Ah Fo's K-Line Warfare Guide. $BTC
Market Analysis: Today, Ethereum surged to 3744 before retreating, which is similar to my expectation on January 3rd (3680). This wave of Ethereum is characterized by slow growth, making it difficult to enter midway. Currently, we are looking for a pullback in ETH (high probability). Short ETH at the current price, with take profit at 3585 and 3525. I hope the pullback wave can provide us with some gains. $ETH
The key points of the rebound trend of Bitcoin released on December 31st, the 91500-99800 box has been broken through. It is expected that there will be a 3000-point retracement false break (near 96600) in the evening. You can get on the train when it retracements, and synchronize with Ethereum. $BTC $ETH
Ethereum has been oscillating in this position for a long time, it can attack upwards or defend downwards. Yuanfang, what do you think? Operational suggestion: It is more prudent to wait for the gap around 3550 to be filled before entering a position. $ETH
Everyone needs to build their own trading system. What is a trading system? 1. Target (what to buy?) 2. Position (how much position?) 3. Direction (buy more or buy 🈳️?) 4. Entry point (at what position to trade?) 5. Stop loss (profit and loss ratio) 6. Stop profit (when to make money and leave?) 7. Countermeasures (how to deal with emergencies?) 8. Backhand (operation after the transaction is completed) $ETH