I have 10,000 yuan of spare money now. Which currency should I buy?
The proliferation of copycats will eventually become a black hole that swallows you. Only Bitcoin will give you reliable and generous returns. Bitcoin is the perfect digital gold in the new technological era of mankind. Its attribute is to replace metal gold as a tool to fully counter the inflation of legal tender and a value retainer. Its ultimate role is to protect people's wealth from being harvested by the ever-expanding legal tender. It will also be because of its maturity that the value-bearing system of human society will be sound. Bitcoin will be able to effectively absorb any inflationary bubbles, allowing legal tender users to completely get rid of their weak position that is not equal to the coinage right. Therefore, Bitcoin is a reasonable balance to the coinage right.
APE, as the leading project in the NFT space, has recently experienced a downturn, but the current price has fallen below the bull-bear boundary, which actually releases a positive signal: the bull market trend for APE may not be over yet!
Incremental layout strategy:
If the current price continues to fluctuate, it is recommended to adopt a gradual buying strategy to build positions step by step and reduce holding costs.
If the price falls below 1 dollar, consider starting a dollar-cost averaging plan, which can better cope with market uncertainty while preparing for potential increases.
As an important project in the NFT track, the community and ecological support behind APE provide strong fundamental support. As long as the market warms up, APE is expected to lead again.
Operational advice:
Pay attention to key support levels: If it continues to dip in the short term, around 1 dollar may be an important psychological price point, and you can choose to implement a dollar-cost averaging strategy.
Be patient: The NFT market is volatile, but the long-term trend still depends on the direction of the entire cryptocurrency market and the development of APE's own ecosystem.
Overall, this may be a good time to refocus on APE, with greater performance potential expected by the end of the year and early 2025!
I am preparing for the upcoming layout of the divine order!!!
You must firmly believe that the bullish trend is still ongoing, and the main uptrend has not yet begun; otherwise, the opportunity for sudden wealth is destined to be out of reach!
Has the market stopped falling?
From the rebound after the sharp drop, it can be seen that it has stabilized temporarily, but it is not a signal to catch the bottom. This relates to the PCE data, including institutional predictions that the Ethereum ETF staking may pass and Trump increasing his ETH holdings again. However, the weekend's market is ultimately a game among retail investors, meaning that if it drops too much, there will naturally be wave funds entering. But this kind of entry cannot last long. For instance, if BTC's ETF starts operating today and there is outflow, then the market will still fall into a panic adjustment phase.
During trading, some people believe in buying more as prices drop, while others cut losses. Which one is correct?
Buying more as prices drop indicates confidence that it will rise in the future; cutting losses, on the other hand, implies a lack of faith in its recovery and suggests it will continue to fall. A key factor here is the cycle; comparing outside of the cycle is meaningless. Short-term, swing, medium-term, long-term—only the same cycle can provide a correct comparison.
Within the same cycle, there are corresponding strategies and system patterns; under this system, analyzing whether a trade will yield profits allows one to proceed if it can, or to abandon it if it cannot. If the judgment is incorrect, one should cut losses promptly; if correct, one sells within the planned cycle.
Ultimately, the key lies in whether each operation is correct, which depends on whether you have a complete and accurate trading system!
In the past few days, I have been preparing for the launch of a great trading opportunity!!!
Yesterday, the rebound of the squirrel Pnut drove a short-term rebound in meme coins like NEIRO and ACT. Although the altcoin market is challenging, it is approaching January, and persisting may lead to a rebound.
Veterans who have experienced major drops like 312 and 94 are no longer panicking; they know that even if it doesn't rise now, there will be opportunities for growth in the first quarter of next year. There may also be a significant hype wave before Trump takes office. At the same time, looking at the liquidation data, the amount of long liquidations is decreasing while the chances of short liquidations are increasing.
Many newcomers worry about a deep pullback and slow upward movement, but historical experience shows that once the market starts, returns come quickly. For example, the rebounds in early March and late November this year saw larger market cap coins like XRP rise fourfold, while smaller market cap coins are more likely to achieve tenfold returns. When the market is sluggish, even the whales cannot unload their positions due to a lack of trading volume and depth. The winter solstice has passed, spring is approaching, and market opportunities are not far away.
In the early morning, the short-term Ethereum tends to fluctuate and decline, and the overall drop is not too strong. Therefore, today's intraday short-term analysis approach remains basically unchanged.
From the daily chart perspective, the current KDJ, MACD, and BOLL continue to resonate downwards. The trading volume indicates that today is a phase of decreasing volume (intraday is a small bearish candle, so today's short-term estimate is primarily a downward fluctuation); on the main chart, the current MA5 and MA10 daily moving averages continue to suppress downward, and the increase of the MA30 daily moving average is continuously shrinking. Today's main chart price is also closing below the MA5 daily moving average, showing a red TD6 and continuing to fluctuate downwards, so the intraday trend is still primarily a downward fluctuation.
Looking at the 12-hour level, the current 12-hour line TD9 has not been repaired, and TD9 is stable (because the early morning short-term still fluctuates downwards, which means there hasn't been an interruption and repair of the TD indicator in advance. Based on the current situation, if there is no significant drop before 8 PM tonight, then the current green TD1 will complete the repair. After the update and closing at 8 PM, Ethereum will generate a new red TD1 for short-selling volume, so please pay attention to the risks). In the auxiliary chart, the MACD’s DIF and DEA continue to move downwards, and BOLL continues to open significantly. The opening amplitude of the lower band is the strongest, indicating that there is still room for a short-term decline.
Summary: I personally expect that the overall trend of Ethereum will tend to fluctuate before 8 PM tonight (a slight rebound may occur, mainly to stabilize the current 12-hour green TD1). If the former is confirmed (i.e., no drop before 8 PM), then you can pay attention to the update and closing at 8 PM, as Ethereum and Bitcoin will likely experience another volume decline during this time. Currently, the low support is still referenced in the area around 3114-2900.
These past few days, I am preparing to launch my divine single!!!
Comment 168 to get in!!!
The impermanence brings impermanence brings impermanence!!!
Recommended Eight Major Trading Mentalities in the Cryptocurrency Market
Large funds exploit retail investor psychology to create various trading traps. Once understood, you will find that success can be replicated because you have the tools to overcome mental barriers. Here is a simple listing of the 8 major principles of trading mentality. 1. Anchoring Effect: Over-reliance on easily obtainable information. The anchoring effect is particularly common. For example, if the coin price rises from 5 U to 50 U, you will anchor at 50 U. When the coin price falls back to 30 U, you will think it's cheap, and when it falls back to 20 U, you will think it has hit the bottom. You completely forget the concept of 5 U, whereas 20 U has already quadrupled. The anchoring of prices creates an 'illusion' of expensive and cheap, leading to decision-making errors.
Many novice investors' understanding of a bull market remains superficial, often making seemingly profound comments.
At the beginning of each bull market, there are always those who claim 'this time is different,' citing the surge in the number of cryptocurrencies in the market.
However, in reality, at least 90% of cryptocurrencies will experience price increases during each bull market, but high-quality coins can maintain their high positions longer, while those with mediocre popularity may only shine for a moment.
We need to recognize that the main players' purpose in driving up coin prices is not to make everyone rich, but to attract more investors to participate, thereby realizing their profits. Sometimes, one or two billion dollars sounds like a huge amount, but for market controllers, it is not the real wealth in their eyes.
The essence of a bull market is a game of capital; it is not just the price of coins that rises, but also market sentiment. Understanding the main players' objectives allows us to view 'this time is different' more clearly.
These days, I am preparing for the launch of a significant trading opportunity!!!
Comment 168 to get on board!!!
The impermanence brings impermanence brings impermanence brings!!!
Has the trend changed? It depends on the upward support trend line built from the four-hour low point of 86666 on November 15.
As long as this trend line is not broken, it means that the short-term upward trend remains intact, even if there is a pullback of nearly 10,000 points.
A market movement is composed of multiple stages with different changes: rebounds, oscillations, and pullbacks; even the strongest bull market cannot continue in one direction!
Currently, the overall upward trend of Bitcoin is good. Although this pullback has a significant force and amplitude, it has not broken the support trend line on one hand, and it is also due to news factors on the other hand.
However, whether the Federal Reserve raises or lowers interest rates will not affect the overall direction of cryptocurrencies; it will only provide real-time stimulation for short-term fluctuations.
The four-hour support is at 98500, which is almost exactly the low point of the morning pullback. For the short term, pay attention to the support situation at this level; if it holds, Bitcoin will continue to rebound based on this position!
I am preparing for the launch of the secret order layout in the coming days!!!
The focus today is at three o'clock in the morning.
The Federal Reserve will announce its interest rate decision, with the market expecting a 25 basis point cut, from 4.75% to 4.5%. The market has reached a consensus that it has turned favorable, and the expected impact on the market is minimal.
Stabilizing in the evening at the position of 105000, breaking through this resistance level and making a second high is the only opportunity!
Short-term fluctuations have a great impact, everyone should not be impatient, remain calm, and do not act rashly when there are no obvious signals.
In the past few days, I have been preparing to launch a divine order that is about to start!!!
The probability of ETH hitting a new high is only 13%! Confidence in the year-end market has sharply declined.
On December 18, according to Polymarket data, the predicted probability of 'Ethereum will not reach a new all-time high this year' has surged to 87%, while the probability of 'Ethereum will reach ATH' has dropped to only 13%. Market confidence has nearly dissipated.
It is worth mentioning that during the brief wave of market optimism on December 7, the probability of 'ETH will reach ATH' once touched 41%. However, as the market weakened and capital sentiment became more cautious, this figure was halved in just 11 days. As of now, the total amount of funds participating in this prediction has reached $10.195 million, reflecting a strong interest from a large number of investors in Ethereum's year-end performance.
This data reveals two key pieces of information: first, the market generally expects Ethereum to struggle to break the existing ceiling in the short term; second, the speed of sentiment switching is extremely fast, indicating that capital is more inclined towards short-term speculation.
Whether you are bullish or bearish, this wave of market action reminds us: the difference between a bull and a bear market may only be a triggering event. And for those who want to bet on a year-end turnaround, don't forget to think about a stop-loss strategy in advance; the market never believes in tears!
These days I am preparing to launch a strategic order soon!!!
Listen up! Tonight's pancake trend is absolutely clear, strongly bullish! Stop getting tangled up in all those convoluted analyses, the chart is plainly laid out in front of you.
The operation is simple and straightforward, just focus on the range of 103400 to 104000. Once it pulls back to the right level, jump in immediately, aiming for the top. Don't be greedy with profits, first reduce your position to lock in some gains, and gradually accumulate small profits into big ones. Moreover, the recent high expectations for interest rate cuts are a super strong booster, very likely to break through the 110000 mark in one go. Our big-picture bullish view is rock-solid, don't let short-term fluctuations blind you, seize this opportunity tonight and wait for your wealth to grow!
I've been preparing for the layout of a divine order that is about to begin!!!
Bitcoin reaches new high, and altcoins are generally in a correction phase! When will it be the turn of altcoins to rise?
This week is the last super central bank week of the year, focusing on the interest rate decisions from the U.S. and Japan: In the U.S., the announcement will be made at 3 AM on Thursday: After last week's CPI data met expectations, this round of 25 basis points rate cuts was not a surprise, with CME showing a probability of 97%, reflecting that the market has fully digested this expectation. Therefore, even if a rate cut becomes a reality, its direct impact on the stock and crypto markets may no longer be viewed as positive. However, Powell's speech and his outlook for the January FOMC will become the focus of the market. CME data shows an 80% probability of maintaining the interest rate in January, which will be crucial for the upcoming market dynamics.
On this journey, I have experienced three transitions between bull and bear markets, and I have almost stepped into all the pitfalls. However, it is these experiences that have allowed me to cultivate my own stable profit system.
First step: Add cryptocurrencies that have an increase in the ranking within 11 days to your watchlist, but it is important to note that cryptocurrencies that have fallen for more than three days need to be excluded to avoid capital already taking profits and escaping.
Second step: Open the candlestick chart and only look at cryptocurrencies with a MACD golden cross on the monthly chart.
Third step: Open the daily candlestick chart and only look at the 60-day moving average. As long as the price of the cryptocurrency pulls back to near the 60-day moving average and a high-volume candlestick appears, then enter the market heavily.
Fourth step: After entering the market, use the 60-day moving average as the standard. If the price is above the line, hold your position; if it is below the line, exit and sell. This is divided into three details.
The first is that when the price increase of a segment exceeds 30%, sell one-third.
The second is that when the price increase of a segment exceeds 50%, sell another one-third.
The third is the most important and is the core that determines whether you can make a profit. If you buy on that day and the next day some unexpected situation occurs, causing the price to drop below the 60-day moving average, you must exit completely and not hold any lucky thoughts. Although the probability of dropping below the 60-day moving average through this method of selecting currencies based on the monthly and daily charts is very low, we still need to have risk awareness. In the cryptocurrency world, preserving the principal is the most important thing. However, even if you have sold, you can wait to buy back when it meets the buying criteria again.
Therefore, discovering your own profit-making theory is the golden key to your stable income. Treat the experiences of others as fertilizer, as a reference standard to assess the feasibility of building your own theory.
In the crypto world, 90% of people have fallen into these traps, how many have you experienced? 👇
1. Don't rush to buy the dip just because of a sudden drop; sometimes waiting is more important than acting blindly. Don't 'rush to buy the dip,' first understand the trend.
2. If you make money, don't be greedy; take your profits. Don't 'be greedy,' be careful not to end up losing everything.
3. If you lose money, don't get discouraged; adjust your strategy in time. Don't 'give up lightly,' opportunities are always reserved for those who are prepared.
4. Don't always think about making quick money with short-term trades; sometimes long-term investments are more stable. Don't 'trade frequently,' holding good coins patiently is more reliable.
5. Don't blindly chase after a coin just because it performed well in the past; the market is unpredictable. Don't 'chase highs and sell lows,' rational analysis is more critical.
6. Don't let emotions influence your trading decisions; stay calm. Don't 'trade emotionally,' rational analysis is the key to winning.
7. Don't always think about getting rich overnight; trading requires patience and strategy. Don't 'dream of getting rich quickly,' being practical is more realistic.
8. Don't always think that one trade determines your success; reasonable allocation of funds is more important. Don't 'go all in,' diversification is safer.
9. If you lose money, don't rush to add to your position; first analyze the reasons before acting. Don't 'blindly average down,' find the problem before solving it.
10. Don't think you've found the 'universal formula' just because of one success; the market always has surprises. Don't 'blindly trust methods,' being flexible and adaptable is more important.
Good market sense is a prerequisite for cryptocurrency trading.
Good market sense is an essential requirement in the cryptocurrency circle. Market sense needs to be trained, and through training, most people will improve. How to train market sense can be approached from the following aspects:
1. Persist in reviewing the market daily and select targets based on your own cryptocurrency selection methods. The focus of the review is to browse the trends of all cryptocurrencies. In the review process, the selected individual cryptocurrencies should not only conform to your own selection methods but also share commonalities with current market hotspots, showing connections between sectors and industries, which increases the probability of a strong market in the future. After reviewing, you will discover the overall market trend from the trends of individual cryptocurrencies and identify sectors from their similarities.
2. Carefully review the cryptocurrencies that are among the top gainers and losers of the day again, identify the reasons for the strength (or weakness) of individual cryptocurrencies, and discover what you consider to be buy (or sell) signals. Cryptocurrencies that meet the buying criteria can enter your watchlist for tracking.
3. In actual trading, focus on tracking the real-time trends of your target cryptocurrencies. Clearly understand the specific meanings of their opening, closing, highest, and lowest prices for the day, as well as the actual situations regarding major force's upward pull, selling, and market support. Understand whether the relationship between volume and price is normal, etc.
4. Reflex training. Identify classic trends of individual cryptocurrencies that start from the bottom and continually stimulate your brain.
5. Train yourself to quickly browse the dynamic market situation every day.
6. The most important aspect is to have a set of operational methods that suit you, especially those that arise from the above training.
Reviewing is using a static perspective to look at the overall market again, which addresses situations where you might not have time to observe or summarize while monitoring the market dynamically during the day. After the market closes, clarify where funds are actively flowing in, where major funds are escaping, where the selling pressure in the market mainly comes from, and where the buying momentum is coming from. Are there correlations between industries and sectors? What are the reasons for these situations? Which cryptocurrencies are in a golden period of rising, and which are about to break out perfectly? What are the primary reasons for today's market fluctuations, etc.? You need to review the market comprehensively again to better understand market changes.
1. When trapped, based on chart analysis, if the purchased cryptocurrency is at a high, you must immediately cut losses.
2. If the purchase price is at a median level, you can temporarily wait based on the current situation, aiming to exit when the price recovers or to reduce your position at a high to minimize losses.
3. If the purchase price is at a low level, there is no need to rush to cut losses. You should wait for the price to stabilize after a decline and, when it reaches important support levels, dare to buy more at a low price to average down costs, which could help recover the high positions during the upcoming rebound.
4. If the purchase price is in an upward trend, there is no need to cut losses. Be patient and hold for a while; you will surely recover and may even have a significant profit potential.
5. If the purchase price is in a balanced oscillation trend, there is also no need to cut losses immediately. Patiently wait for the price to enter the high points of the oscillation cycle. Once you break even or the loss is minimal, decisively exit the market.
6. If the purchase price is in a downward trend, once it is confirmed that a downward trend has formed, you should immediately cut losses; never let hope and fear cloud your judgment. Any hesitation or doubt could lead to a deep trap that is hard to escape.
If you no longer want to crash around like a headless fly and wish to seek multiple returns in a bull market, now is the best time.
If you don’t want to miss out, leave a comment with 168, and I will guide you through the whole process, making it easy for you to get in and enjoy the bull market dividends!
If you want to make money in a bull market, you must learn the following skills!
1. Think like a trader - Improve your understanding, learn to think from different perspectives, and strategize from the trader's point of view.
2. Strongly love learning and keep up with various trends - Closely monitor market movements and grasp development trends.
3. Choose reliable platforms and follow capable leaders - Join mature and reliable communities, following the guidance of experienced traders.
4. Focus on strong sectors - Prioritize investment in popular fields with broad development prospects.
5. Select leading assets - Give priority to top projects and currencies within the industry.
6. Respect the market - Follow trends and cycles; in a bear market, avoid exposure and wait for the bull market to act.
7. Think independently - As Jack Ma said, "Be greedy when others are fearful, and fearful when others are greedy"; maintain a clear mind.
8. Invest heavily in leaders - Appropriately invest a larger position in high-quality projects.
If you can't filter strong coins, I suggest you follow me. Whether it's fresh goods or harmonious products, a slight move might be your limit; opportunities are short, so make sure to seize them! Success is not based on luck; choice is greater than effort, and your circle determines your destiny. In the crypto world, besides having a keen eye for timing, you also need to be part of a good team and have a good mentor. By following me, you have already succeeded halfway in the crypto world. You can experience precise strategy planning for free! #BTC重回关键位置后走势