In the past 40 years, there have been seven opportunities to change classes.
The first time was the resumption of the college entrance examination in 1977. Many children from poor families have achieved class leap;
The second time was the township enterprises in the 1980s. It gave farmers the first opportunity to stand up and realize class leap;
The third time is the arbitrage of the dual-track system. Buying at a planned low price and then selling at an unplanned market price allowed a large number of people to achieve primitive accumulation;
The fourth time was to go to sea to do business. The "market economy" of the 14th National Congress was written into the Party Constitution, triggering a boom in overseas business;
The fifth time is the WTO bonus period. The coal boss became rich; the sixth time was the crazy property market. Countless people's wealth status has been changed by skyrocketing housing prices;
The seventh time is the rise of the Internet. Created a large number of Internet companies and multi-millionaires.
The eighth encryption?
The ninth artificial intelligence?
These fate-changing opportunities appear once every 5 to 7 years on average. If you catch it once, you will not be abandoned by the times; if you catch it twice or more, most people will surpass 80% of their peers.
The wealth created by labor is far less than the wealth created by capital appreciation. These people who got rich first did not fulfill their responsibility to lead others to get rich later. Instead, they continued to accumulate wealth and laughed at the ordinary people who were left behind.
Therefore, class crossing is very difficult for ordinary people, because the network resources that ordinary people have access to are limited. However, the "big guys" also tell us that many big guys have achieved class crossing through their "own" efforts.
Contract Operation Mentality - How to maintain a good mentality?
Good evening everyone, my name is Yixuan. The market is very boring during this period. Let me tell you about the mentality of contracts.
First of all, I can tell you clearly that contracts can be played and make money, but the 80/20 rule applies. Twenty percent of people make money and 80% of people lose money. So why do some people lose money and others make money? The currency circle is not as simple as you imagine, and contracts are even more the same. If you don’t understand anything, if you place an order without understanding anything, who will you lose? Just think about it, everyone, if you jump from one industry to another, don't you need to put in time and effort to make money? It's a very simple truth, but some people can't understand it. Let’s talk about another issue, mentality! Don’t think about coming to the currency circle to realize your dream of getting rich overnight. I have seen too many people who have returned to zero.
Since the evening, Bitcoin has been constantly testing resistance. The small-scale bulls have launched wave after wave of counterattacks, but none have managed to break through directly. With the spike that occurred in the early hours of the morning, this round has also calmed down...
The upper resistance at 98k is currently strong. Given the current instability, the entry point mentioned yesterday has become a very ideal position. Next, we only need to pay attention to when we can close below 96.3k today.
As for Ethereum, it not only resists declines but also has well-controlled upward momentum. Yesterday, driven by Bitcoin, there was only one spike above 3500, clearly leaning towards a downward trend. The price is unable to stabilize at high levels, which is a relatively favorable situation for bears.
The only point to note in this wave is the cyclical pressure of Bitcoin around 101400. If Bitcoin has a strong possibility of breaking through, then we need to be cautious in this round of shorts, and risk control must be well managed; but if it's just constant testing, we will continue to look for opportunities to re-enter or add positions.
The live broadcast at 8:30 PM was ended early for other reasons, but it's important to emphasize that although the bulls have been strong in their counterattack today, overall, it remains within the range mentioned during the daytime, so there is no need to worry too much. Below is a brief mention of the evening's live broadcast content.
After stabilizing at 94k for the past two days, Bitcoin has continued to rise, and it has now reached the second resistance point of this round at 97k. The content from the daytime video mentions that the mid-term and swing positions can already be entered, while also being cautious of the potential spike that might occur this round (if you can enter at the spike, then there is no need to reserve for additional buying). Friends who have set pending orders can adjust them according to the video content.
For Ethereum, the situation is similar. Its recent resistance to declines also indicates that an upward movement for Ethereum is highly likely. The successful examples of aiming for 3400 over two short-term rounds also confirm this round's rebound. You can operate according to what was mentioned in the live broadcast. As long as this round does not break through 3600, then this bullish trend is unlikely to last too long; the thinking remains the same. It is expected that the market will not break down too quickly today, so you only need to slowly look for opportunities to enter the market. Manage your positions reasonably, and we will share more updates tomorrow.
There’s not much to say, the year-end line is about to close, and don’t change your thinking easily. Friends entering more positions should just set up stop-loss and take-profit in batches.
With New Year's Day approaching, this is the last round of short-term trading for the year to take profit safely. Wishing everyone on the square a happy holiday in advance. The live broadcast will be paused for two days, and I hope everyone has fun.
逸轩课堂
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2024-12-31 BTC Market Analysis: The Last Dance of the Year, Bitcoin Still Looks Optimistic for a Rebound Today!
After confirming stability at 12 o'clock, the rebound has begun, simultaneously confirming the end of this round of decline. The final pin position is 91.5k, which is destined not to drop too much. The slow decline over three consecutive days has increased volume, and when it truly explodes, it won't be that intense.
After entering long positions in the short term, we are currently approaching a 2k space where everyone can choose to exit. The subsequent focus on stabilization trends will determine the choice for the daytime market. If some friends still want to be greedy, please pay attention to reducing positions and setting up break-even stops.
The downward trend has not completely ended; we just need to wait for this week's performance. The rest will wait for the morning video share; see you there.
逸轩课堂
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It seems that the opportunity for a rebound has not been given, and the price has started to decline further. Currently, the price is around 91,500, and there are no obvious signs of a stop in the decline. Therefore, the short-term advantage has temporarily been lost.
Currently, pay attention to 12 o'clock; if it cannot stabilize even at 92k, then there is no need to consider the short-term tonight. Continue to focus on the bottom at 90k and 87k. If it stabilizes, then short-term long positions can continue to be attempted.
It seems that the opportunity for a rebound has not been given, and the price has started to decline further. Currently, the price is around 91,500, and there are no obvious signs of a stop in the decline. Therefore, the short-term advantage has temporarily been lost.
Currently, pay attention to 12 o'clock; if it cannot stabilize even at 92k, then there is no need to consider the short-term tonight. Continue to focus on the bottom at 90k and 87k. If it stabilizes, then short-term long positions can continue to be attempted.
It's that time of the week again for the Monday white盘, after the weekly K line, what kind of changes will the market trend show... Recent trends have been quite similar, the bearish sentiment for Bitcoin remains high, and the price momentum continues to decline. Although it is a chronic trend, there is still quite a bit of space for everyone to explore. With today's early trading, the failure to stabilize above 94k has led to continuous testing of lower points, but considering the limited space during the white盘, even if there is a spike breaking through, it will not be chosen in Monday's white盘.
Therefore, in terms of operation, aggressive traders can consider prioritizing a rebound. The rebound range should be considered around 94.3k-95.5k, at least this range will provide most friends with the option to bet on going short; as for Ethereum, there hasn't been much change. The early trading surge directly made up for the earlier decline, and it is still hovering around 3400.
$BTC As for the strategy, one can maintain the bearish mid-term trend mentioned last week. The large cycle support for Bitcoin can be considered at 90300 and 85700. Therefore, with the closing of the annual and monthly lines, if the bears can be maintained, the lower space will be at least around 5000 points; and currently, the two trends are not equal. Bitcoin may show a rebound momentum during the white盘, so don't rush the layout.
The weekend is as boring as always, and there is no need to change anything in our thought process. Ethereum is slightly more resilient than Bitcoin; although the trend is slow, once this round starts, it will definitely be a major breakout in the near term.
Everything can proceed according to the content of the weekend video. It would be a bit regrettable that there isn't much rebound space for Bitcoin, but it's not a big deal. Monday will bring a whole new landscape.
Friends entering the market should first follow the video content to set a few risk control and exit points, while others can wait for dynamic updates during the trading hours. The broadcast will start at 8:30 PM, and we won't miss each other.
逸轩课堂
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Is a Bitcoin crash imminent? Bulls and bears are at a crossroads again.