$BTC 4 hours, daily downtrend. It's really not fun, and there are no new narratives in the market. The secondary market and the primary market are both lukewarm😤
$RIVER Failed to open a position. I accidentally opened a trade at home during the New Year. This time it was purely an emotional trade, without watching the trend, just holding onto the mindset that after such a drop, there should be a rebound. 😂
The painful part is not losing money, but not being able to control myself again, letting emotions take over, and strategically opening a trade is really not easy.
$ARC This kind of thing has a considerable risk of hitting the ceiling, and a stop-loss must be set. There's no real market, the manipulator violently ramps up to attract attention, and the candlestick chart can be drawn however you like 😂
This loss is greater than the one that 10.11 brought me. Damn it, the biggest loss was on a batch of counterfeit spot goods, the contracts had stop-losses. $BTC $ETH
1. Multi-period Divergence: - Daily RSI (65.1) is in a strong zone, but 4-hour RSI (42.3) is in a weak zone - Daily price is below MA5, while 4-hour price is above MA5, indicating bull-bear divergence
3. Market Sentiment Contradiction: - Bullish ratio extremely optimistic (2.156), but fear-greed index shows fear (27) - Low open interest (97,248), signal of unstable trend
Long on Retracement: 89500-89800 range Short on Strength: 91700-92000 range$ $BTC $ETH $SOL
$ETH The recent market conditions are difficult, basically placing orders before 8 AM from Sunday night to Monday morning. If the direction is correct, close out by Wednesday or Thursday; if wrong, cut losses.
Trading within the day is too exhausting and also challenging.
$PIPPIN What should I do? I can't hold on anymore. Should I hedge, brothers? Can anyone give me some advice 😭? I'm afraid of a margin call, all the money I've spent on takeout this month will go to waste.
The current situation is too unsatisfactory. In 2022, I relied on multiple accounts to grind the whitelist in the community, claimed airdrops, and accumulated capital through new investments. Ultimately, by 2023, I managed to gather a substantial profit from the inscription wave. I initially thought I would truly make it big, but it turned out to be a real blow.
Three years ended up being for nothing. 😰
This period has been really torturous. I kept holding onto the hope that the bull market wasn't over, wishing for a big wave to come...
I am a slow learner; unlike others who enter the market for half a year or a year and become superstars. 😭 I now believe that the bull market is over.
It's finished, and I'm no longer expecting another bull market. After selling all my spot positions, I will take a break for a while, learn more, and wait for new opportunities.
I hope those brothers who are in the same predicament as me will work hard to improve their self-awareness, so that in the next bull market, we can become 'liquidators' instead of bag holders.