The current market of Bitcoin is as unpredictable as the mood of the little girl. There are always people who try to predict the changes of Bitcoin as if they were predicting the mood of the little girl in the next second.
However, this is really difficult. The idle little girl is just like the current cryptocurrency circle that has no narrative ability. $BTC #杰克逊霍尔年会
Many people think that smashing the market is to clean up the market, but that is a big mistake!
Now the market makers are cunning. They like to use extreme pull to clean up the market, and torture the old leeks to death. For example, we know that there will be a good growth in the future market, but the market has been falling.
At this time, we will begin to doubt our judgment: Am I wrong? Should I cut my losses and wait for a new low to buy the bottom? But when we just entered to buy the bottom, it fell again. Where is the bottom? Is the bull still there? This kind of emotion tortured everyone enough, and slowly, many people began to doubt that the bull was gone. But the strange thing is that the institutions are continuing to enter the market, why is the market not getting better?
In fact, this is the cleverness of the market makers to clean up the market. Their methods change with the changes in the market, which makes us old leeks confused. In the face of such a market, what can we do? Stay calm and don't be swayed by emotions. Learn more and understand the new methods of the market makers. Finally, remember one sentence: the bull market is still there, but the market makers are testing our patience. I hope everyone can make money in the bull market, and not be washed out by the extreme pull of the dealer $BTC #杰克逊霍尔年会
The market had a small fluctuation in the morning and then went sideways. It is expected that the fluctuation will wait until the evening. The unemployment data will be released tonight to prevent the needle. The key point is that tomorrow, Lao Bao will give a speech at the Jackson Hole Annual Meeting$BTC #MtGox钱包动态 #新币挖矿DOGS
The market's current expectations for "interest rate cuts" are, first, a 100% interest rate cut in September, and second, multiple interest rate cuts this year. Once again, I remind old fans that the probability of interest rate cuts is still only 50%.
No matter how you look at the issue of interest rate cuts, I think everyone needs to be prepared. If there is no interest rate cut in September, the market will have a flash crash on the day of the interest rate meeting and go to the second test. Before that, it is best to reduce your leverage.
The above can be summarized as: survive this/the last period of wash-out, reduce leverage, and be ready to welcome the second test at any time. The big market will come in late September to October at the latest. $BTC #新币挖矿DOGS #新币挖矿DOGS
1) Economic policy: The Federal Reserve is likely to cut interest rates in September, and funds may flow out of US stocks and bonds and turn to BTC and ETH;
2) Market sentiment: The current market is very sluggish, altcoins are in a mess, some KOLs have retired, and retail investors have been cut to pieces;
3) Trading volume: The trading volume of exchanges has dropped sharply, and the trading volume is very sluggish;
4) Structural form: Subsequent price fluctuations are narrowing, the structure is converging, and the market is about to change.
The weekend is basically dominated by shock adjustments. Whether it is upward or downward, there is a lack of momentum. After hitting the high point of 60,200, the intraday bulls were under pressure to step back and correct, and then quickly gave up the gains in the Asian session. It is still a roundabout rhythm, and it does not look at unilateral range.
From the technical structure, the daily line rose for three consecutive days. The current bulls are facing the pressure test of the middle track of the daily line. There is room for further accumulation of strength to break through. The next market will frequently rebound. Therefore, we try to focus on short-term and take profits in time! #美国CPI数据连续第4个月回落 $BTC
This round eliminated too many people. Ninety percent of the bulls no longer exist, including many spot traders. The continuous decline of altcoins for five months has shattered the dreams of countless people to get rich, and even destroyed their originally happy lives, leaving them with heavy debts. This reflects the cruelty of the market, and we must respect the market. So far this year, those who have heavily invested in altcoins have mixed feelings. They think that the market value and price of Bitcoin are too high. Even if the bull market comes, it is difficult to double it tenfold. Retail investors think that they don’t invest much money and can’t make much money by buying Bitcoin, so they take a little money to invest in altcoins, hoping to get a big return. #新币挖矿TON $BTC
Trading is like sailing. Hold the compass of the trend, paddle the volume, hang the sail of the K-line, carry the thermometer of technical indicators, choose a sunny season to go to the water, and then start drifting. Perhaps your mentality is like a storm in the sailing. When you encounter it, you will be at a loss. $BTC #美国CPI数据连续第4个月回落
Before entering the coin circle trading, investors first need to have a basic understanding of the digital currency market. This includes understanding the basic information such as the types of digital currencies, market value, historical trends, etc. In addition, it is necessary to pay attention to the dynamics of the global digital currency market in order to grasp the market trends. Only by fully understanding the market can we make wise decisions in trading.
2. Formulate trading strategies
In coin circle trading, it is very important to formulate a suitable trading strategy. Investors can formulate trading strategies that suit them according to their investment goals, risk tolerance and market conditions. Common trading strategies include: trend tracking, reversal trading, arbitrage trading, etc. When formulating trading strategies, investors need to pay attention to risk control and avoid blindly following the trend.
3. Fund management
Fund management is another important link in coin circle trading. When trading, investors need to allocate their funds reasonably to avoid over-investment. In addition, investors should also pay attention to setting stop loss points to reduce the risk of a single transaction. In terms of fund management, investors can adopt methods such as diversified investment and regular adjustment of investment portfolios to improve the efficiency of fund use.
4. Adjust your mentality
In cryptocurrency trading, it is very important to maintain a good mentality. When trading, investors need to remain calm and rational to avoid being affected by market sentiment. In addition, investors should learn to accept losses, learn lessons from failures, and constantly improve their trading skills.
Summary
Coin trading is a market full of opportunities and challenges. If investors want to succeed in this market, they need to have certain professional knowledge, trading skills and psychological qualities. By understanding the market, choosing a suitable trading platform, formulating trading strategies, managing funds reasonably and adjusting their mentality, investors can continue to grow in cryptocurrency trading and achieve their investment goals $BTC #美国CPI数据连续第4个月回落
Lower your expectations and increase your tolerance. The market fluctuates 80% of the time and moves unilaterally 20% of the time
What are your expectations? Your expectation is that the lowest point will be reached when you enter with a heavy position, and the highest point will be reached when you sell out. Can you make money?
People's expectations are compound interest, and a pile of sand can make a tower. Because the tolerance is higher, the expectation is low, and there are fewer invalid stop losses, the winning rate will be good.
And the time experience of struggling in the market, the keen sense of the trend, and the ability to perform well in large unilateral situations.
Many people cut meat with a blunt knife, stop losses continuously, and cut to death because of greed, so they raise the leverage, and the greedy profit and loss is particularly narrow than the stop loss.
The small risk is itself a low-probability product.
Step by step, slowly advancing, not only can protect yourself at the mental level, but also allow yourself to develop a good mentality to make money continuously.
Profit is the biggest placebo for traders. Do you understand?
When others are optimistic about SOL, buy Ethereum When others give up on altcoins, go all in on altcoins When others think there is no bull, we should also go all in When others are liquidated, we should open a position When others are optimistic about meme, we should do inscription
Judging from the liquidation icon, there are still more people shorting. The liquidation strength of 61,000 above is as high as 1.7 billion. The downward space is relatively much less. The liquidation strength of 57,500 is 340 million, which is several times different.
But objectively speaking, it is still difficult to rely on small retail investors to raise liquidation without continuous liquidity and large institutional inflows!
We will place buy orders for several strong coins at night and wait for the harvest tomorrow Pin orders basically rebound, and you will make money if you buy
The recent sharp market fluctuations are partly due to the market's expected reaction to the approaching interest rate cut cycle. Although interest rate cuts are theoretically good news for the market, there is currently a view that due to major problems on the demand side, the global market may lack sufficient space to absorb additional capital, which may result in interest rate cuts that may not be as effective as in the past in stimulating the economy. For example, domestically, even if interest rates are lowered, if there is a lack of attractive investment opportunities, funds may only circulate within the banking system and fail to effectively flow into the market to drive economic growth. Therefore, the positive impact of interest rate cuts may be limited, and the market recovery may require the support of more other factors, such as restored confidence, increased consumption and investment, etc. $ETH
In the 4-hour chart, the K-line shows that the market formed a large retracement after touching the top EMA250. After the K-line retreated to the EMA10 position in the evening, it stood above EMA60 again to test EMA80, and the lower EMA15 and EMA30 continued to move up.
Even the middle rail is constantly rising, so the entry point of long orders may also need to rise with it, and the upper rail in the channel continues to close. Another thing is that there is still a shrinking downward trend in MACD.
DIF and DEA are also forming a short-term closing. As long as the DIF fast line does not cross DEA and enter below the 0 axis, the market will diverge and retrace even if there is a retracement. Therefore, it is still possible to do more defensive ranges. Then, for shorting in the range, continue to consider the top EMA250 and the upper rail. If it does not break through, you can enter the short position $BTC $ETH
Suggestions on the future market of Bitcoin and Ethereum Bitcoin broke through the 60,000 mark in the early morning of today. The highest price of the coin hit 61,450. It was blocked by the 61,500 line and stepped back to the 60,000 mark. It consolidated and fluctuated upward again. From the four-hour chart, the three-line expansion of the Bollinger Bands is in operation, and the MACD bullish energy continues to release signals. In the short term, the 60,000 mark is supported. In the future, it will definitely need to tentatively pierce the 60,000 mark and rebound again. The bottom support of Bitcoin focuses on the 60,000-59,500 line. Ethereum successfully broke through the 2,600 mark in the early morning of today. The highest price of the coin reached 2,644. The upper side was under pressure at 2,650 in the short term. After the upward adjustment and consolidation, it is necessary to insert the pin near the support level again. The coin price will rise again. The bottom of Ethereum focuses on the 2,580-2,530 line. Personally, it is recommended to step back near the support level and enter the market in batches. If you are confused about the recent market, please consult btc0299 and find me to discuss the market
Bitcoin operation suggestions: long orders are deployed near 60000-59500. Target: 62000-61500. Risk control: 59000
Ethereum operation suggestions: long orders are deployed near 2580-2530. Target: 2700-2650. Risk control: 2480$BTC $ETH
This weekend did not have a large volatility coefficient like the previous weekends. After going north on Friday, the weekend was replaced by fluctuations instead of downward movement. It is still standing above 60,000, and the general trend is still heading north. For the weekend, you can make money in the range of 60,000-61,000. Please operate on your own.