Yesterday, news broke that Trump would be tried on January 10, causing a plunge in both the US stock market and the cryptocurrency market. Additionally, it is highly likely that there will be no interest rate cuts in January.

Bitcoin's daily chart showed a significant bearish engulfing pattern and fell below the support levels of the 5-day, 10-day, and 30-day moving averages. From a technical perspective, after a period of sideways consolidation, there may be further declines.

At this time, it's best to keep spot positions as low as possible, waiting for an oversold situation, and when the time comes to catch the rebound, prioritize Bitcoin and other strong cryptocurrencies.

The altcoin season has turned into an altcoin sacrifice, leaving only Bitcoin and a few quality leaders.

There are 13 days left until Trump takes office. Historical data shows that in the first hundred days of a new U.S. president, risk markets have performed well. Here, risk markets refer to the stock market and cryptocurrencies. $BTC

As more and more institutions enter the market and scenario applications are constantly updated, perhaps this round of bull market will be different from the previous ones. I hope that everyone’s career will rise straight up like the K-line of the big pie in the year of the snake, and everything will go smoothly....#$BTC

January 3 FTX 16 billion funds start to be compensated January 10 Non-farm January 15 CPI January 20 Trump takes office January 30 Interest rate decision $BTC
$BTC

25 years will be the time for Ethereum to show its strength. At present, the pledge of ETF spot is not allowed. ETF cannot be pledged, including Grayscale's Ethereum. This also explains why BTC ETF has always had much higher inflows than Ethereum.

Once Trump comes to power and changes the policy, it is likely that pledge will be allowed. After all, Trump's holdings now include some altcoins, and the largest holding is Ethereum. After the launch of pledge, not only can the annualized rate be increased, but there are also dividends to eat interest. The target of this area is the whales that hold a large number of Ethereum, including institutions. Of course, the subsequent evolution will not exclude listed companies.

Then the launch of pledge will have the greatest impact on the Ethereum ecosystem, and the pledge sector is still the most affected. At present, LDO and SSV are the bright altcoins in the pledge sector. I believe that the subsequent launch of the pledge function will also bring dividends from secondary altcoins!

Since the market started in March and April, Ethereum has been disliked by retail investors. But did you notice that the decline of Ethereum also caused the altcoins to be suppressed for nearly eight months, and everyone suffered from the bloodsucking and selling pressure brought by VC coins. When Ethereum returned to its high point of the year in November and broke through 4,000, most of the altcoins followed suit and had a 2-3 times increase.

So without the increase of Ethereum, the altcoins will have a hard time to stand out. Ethereum's ETF pledge function is coming soon, and Ethereum's upgrade is also coming soon, so the altcoin season that everyone is looking forward to is also coming soon! $BTC

Yesterday's Christmas pancake had small fluctuations throughout the day, with no significant volatility. In the morning, the bulls attempted to break through the 100,000 mark but were unsuccessful and began to pull back slightly. Currently, although we are in a downward oscillation phase, it does not hinder our optimism for the bulls' strength in the future.

No need for much talk, just feel it with the orders! Bitcoin 92777-93800-94000 going long directly aiming for 98000 to take profit!

98600 to short, currently over a thousand points. The first target for the short term is 97200, about to be reached, the rest you can see from the positions I provide depending on how much you want!

Ethereum went long from 3388 to 3500 yesterday; suggested to short from 3505-3520, now at 3445!

Be careful when chasing longs, Christmas crash [sly][sly][sly]

Just a reminder, there is a very high possibility of a major crash after eight o'clock this morning, you can't imagine! (If it happens before eight o'clock, it wouldn't be surprising, anyway, I shorted and let it drop) $BTC
$ETH

The midday market continues to rebound and gradually rise, with the price reaching a peak of 96488 and then retreating. It finally dropped to around 94500 and stopped falling, allowing for a rebound. During this time, we proposed a short position for the rebound; both buyers and sellers have opportunities, and this is also how it was executed in real trading. When the price rebounds, short positions can be laid out as planned. Currently, the price is rebounding again, and the overall market trend has entered a consolidation phase as we expected at midday. I wonder if everyone has kept up? The market is indeed quite manageable. If you haven't grasped the rhythm yet, feel free to contact me; I will provide one-on-one guidance to help you seize your own opportunities.
Currently, the daily chart shows a doji star, and the price is consolidating near the middle track in the short term, with an intraday range approximately between 97000 and 94000. If it can break through the upper resistance level of 67000 or the lower support of 94000, it will open up more space. At present, the consolidation pattern has not shown a clear breakout, and the market is still in a tug-of-war consolidation state. As the opening time of the US stock market approaches, market sentiment may be affected. Tonight, we will continue to pay attention to the breakout and rebound of the range. If the price does not break out, the consolidation trend will continue, and in the short term, we will still look at high shorts and low longs within the range, relying on precise entry points. If a breakout occurs, we will need to adjust our strategy.
Short Bitcoin at 96100-96400, target around 94000;
Short Ethereum at 3340-3360, target around 3200. $BTC $ETH

Today, the ups and downs have not continued. Take advantage of this rebound to go short! Bitcoin looks shaky on the daily chart, with a possibility of collapsing to break the previous low of 92200-90000.

Change strategy, go short around the 96000 area for Bitcoin, stop loss at 97400, target 94000-92000.

Buy around 90000-89700, stop loss at 88888, target 91800-92500.

The morning advice for Ethereum was also to go short around 3350 during the rebound, but it was canceled later and went up to 3320, which has a break-even exit for long positions. Go short on the rebound at 3350-3380, stop loss at 3420, target 3200-3100.
$BTC $ETH

No, I have to go burn incense and pray 🙄

Contract YYDS How do the iron brothers understand it? Let's discuss.
Contract Trading: Cryptocurrency trading is a type of spot trading. To make money in rising or falling markets, one must engage in contract trading. Contract trading, in contrast to cryptocurrency trading, belongs to futures trading, meaning that the underlying assets of these trades are standardized contracts.
You can pay a certain percentage of margin, borrow some digital currency, and choose to go long in a bullish market or short in a bearish market. You can also trade both ways, opening long and short positions to hedge risks. Therefore, through contract trading, one can make money in both rising and falling markets, significantly increasing the utilization of funds. $BTC

Reasons for Liquidation:
Position Reasons:
Investors hold too many positions, exceeding the trading limits, while the leverage of the margin ratio is too high. Multiple factors can reduce the ability to withstand risks, mainly because investors are eager to make money and have a desire to get rich overnight.
Investment Strategy Errors:
Some investors, after choosing the wrong direction, do not take immediate corresponding actions and adjustments, but instead stubbornly stick to the original direction, ultimately being forced to close their positions.
Operational Skills Insufficient:
The main reason for this situation is that investors do not pay enough attention to simulated trading. Before investing, they neglect to learn theoretical knowledge and always want to gain experience through practice, resulting in a weak theoretical foundation. This leads to erroneous judgments for investors, thereby impacting their investment strategies.$BTC

1. Rapid increases and slow decreases are signs of accumulation. A quick rise followed by a slow drop indicates that the market makers are accumulating shares, preparing for the next round of increases.
2. Rapid decreases and slow increases are signs of distribution. A quick drop followed by a slow rise means that market makers are gradually selling off, and the market is about to enter a downtrend.
3. Don’t sell when there is high volume at the top; run when there is no volume at the top. High trading volume at the peak may indicate further increases; however, if the trading volume at the top shrinks, it signifies insufficient upward momentum, so exit quickly.
4. Don’t buy with high volume at the bottom; continuous high volume can be a buying opportunity. High volume at the bottom may indicate a continuation of the downtrend, which requires observation; continuous high volume indicates that funds are continuously entering, which could be a buying opportunity.
5. Trading cryptocurrencies is about trading emotions; consensus is reflected in trading volume. Market emotions determine price fluctuations, and trading volume reflects market consensus and investor behavior! $BTC

Recent market activity is quite lively, and it's easy to catch over 1000 points in profit. Today, short at 99500, 97500 has already reached #比特币

A Stunning Plunge! Can Ethereum $ETH Survive This Deadly Blow?
The cryptocurrency market has recently been thrown into chaos, with Ethereum at the center of the storm. The price suddenly fell below $3200, dropping more than 13% within 24 hours, catching the attention of global investors. Everyone is pondering: Is ETH nearing its bottom, or does it still have further to fall?
Not long ago, Ethereum was hovering around $4000, but once it broke the $3500 mark, it slid down like on a slide. Experts say that $2800 could be the next level of support. But what exactly is causing Ethereum to drop so sharply?
Whale Sell-off: A Large Amount of ETH Being Liquidated
An on-chain analysis platform, Lookonchain, reported several significant moves by whales:
Whale 1: A large holder deposited 22,746 ETH into Binance to pay off debts and sold 31,968 ETH in the past few days.
Whale 2: Another large holder transferred 49,910 ETH to Binance in 8 hours and then exchanged it for $137.8 million in stablecoins.
Is the Ethereum Foundation Joining the Fray?
It's not just the whales that are moving; the Ethereum Foundation is also selling ETH at this time. They typically like to sell coins at market highs to fund development.
They do this to support the long-term development of Ethereum, but this increases price pressure. With so much ETH flooding into the market, can retail investors not worry about the price continuing to drop?
Has Ethereum Hit Bottom?
With whales selling off like this and the price breaking through important levels, everyone wants to know: Has Ethereum nearly hit bottom, or does it have to continue falling?
Some experts believe that $2800 could be the next level of stability. But some also warn that if whales continue to sell, the price may continue to drop. Will ETH hit new lows or will it rebound?
You need to know this:
If $2800 can hold, Ethereum may stabilize and prepare for a rebound.
But if the selling pressure remains so high, the price will likely drop in the short term. #比特币

Bitcoin fell sharply yesterday, reaching a low of 95,700 in the early morning, and fell another 7,000 points from the latest high of 102,700, with two consecutive negative lines on the daily line.

Ethereum once fell to near the 3,300 mark.

Yesterday, I mentioned many times that Bitcoin would fall, and suggested any short above 102,000, with the target directly below 98,000. In the early morning, I suggested several times to continue shorting to 96,500-95,700, and then look at the rebound to 98,000. The general direction of intraday operations, short-term hedging and short-term hedging, all made big profits.

The opening this morning continued to decline, and the current price came to around 96,000 again. Pay attention to the support here between 96,000 and 95,500. Don't chase the short in the morning. Our high-level short orders are still held. Intraday short-term suggestions are to have a light position near 96,000 in the Asian session, stop loss at 95,200, and target 97,400-98,000.

Rebound to 98000-98500 and then short. $BTC $ETH

The current market situation is that Bitcoin and Ethereum have spot ETFs and traditional big capital to support them, so there are more buying orders below, so they can't fall much.
However, most altcoins lack the support of big capital, so once they fall, there is no support. It mainly depends on market sentiment.
Therefore, at this time, you must control your positions and keep some funds to deal with the days without liquidity.
As for what to buy at the bottom, you should still look for the previous strong narrative that has not been implemented.
I am optimistic about the market after Trump takes office in January-March next year. If you want to be stable, you should still focus on ETH, BNB, SOL, etc. If you want to be aggressive, you can choose ACT, PNUT, etc.
For stable construction, you can basically choose meme: DOGE PEPE, WIF, FLOKI, etc.
Public chains should choose some old brands that have already had good popularity, such as APT, SOL, SUI.
For the ai sector, choose FET, including wld, but I am more optimistic about FET. After all, there is cooperation with DWF market makers, and the price will not go too bad.
For the DeFi sector, the first choice is aave, including comp. We have zero cost for these. Those who want to enter the market again have to wait for a low position. In addition, there is no problem with mkr itself, but it was dragged by ether. If there is no stop loss, you can hold it normally. Control the position and prohibit the contract.
As for the position, it depends on your habits. Of course, Mr. Crab also recommends that you make a reasonable arrangement. If the allocation is insufficient, you might as well choose a part of the above sectors to layout. As long as the fundamentals and projects are still in operation, time will give you an answer and a certain amount of wealth.
In addition, there is FTX compensation in January. This year's 16 billion U or fiat currency compensation will more or less flow back to the currency circle. Coupled with the resumption of work of the US ETF, the market outlook is still worth looking forward to. Now is not the time to leave.
As I said before, every big drop is a good opportunity to intervene, and today is also the case. We are in a bull market cycle, but this year's market characteristics are fast, accurate and ruthless, pulling up the market quickly, and smashing the market quickly. Because there is no innovation or new narrative drive, the market is difficult to continue, and everyone must adapt to this rhythm. #$BTC $ETH

Without Bitcoin, it is equivalent to taxing those who own Bitcoin!
If Bitcoin succeeds, holders will undoubtedly be the biggest beneficiaries; the more they hold, the greater the benefits.

The total number of Bitcoins is capped at 21 million, which is not enough for each person in Shanghai to have one. If it becomes a globally accepted currency, the purchasing power of one coin would surpass our ordinary imagination of wealth.
However, I do not believe that holders are the only beneficiaries. They bear the greatest risks; after all, whether sufficient consensus can be formed and whether a very powerful technology will break Bitcoin are all unknowns. More importantly, a nearly perfect form of currency must benefit everyone.

It’s just a different medium of exchange, and the way of playing remains the same as before. You cannot say that when shells or metals became currency, only those who dug shells or mined benefited.
Digging shells and mining both require labor and bear risks. Who can guarantee that a new metal will not replace their status? It has been proven that currencies around the world have undergone countless iterations, with harder currencies replacing softer ones, and good money driving out bad.

In the absence of robbery, wealth distribution is only related to ability and luck; being the first to possess hard currency is also a manifestation of vision, ability, and luck.
Then there are other talents, which are even more critical. There are two ways to obtain currency: one is to mine, and the other is to earn. If you don’t mine first, you have to earn it, using other talents you possess to earn it, just like we earn fiat currency now.
Any currency can only be called wealth when it is circulating; it will eventually flow to those who can provide value. If you don’t have any coins, then hone your skills to earn coins, providing value to others. This is also a way of redistributing wealth and is a more important way.
#BTC☀ #Crypto Circle

When it was 800 bucks, you thought it was a scam,
Even at 100,000 USD, you still think it has no value,
That can only mean you are completely not updating your understanding,
Thinking all Americans are fools
Willing to invest in an ETF for something worthless,
Big companies and governments are fools
Willing to save something worthless.
Only you are the smartest, ha ha.
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Let's do some basic science education,
Stop holding onto your decades-old views every day to talk nonsense.
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Common fallacies:
1. There is Bitcoin today
I can issue another coin tomorrow
What if there's a more authoritative coin in the future, then Bitcoin will have no value?
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2. Bitcoin is scarce, so it's precious?
My booger production is even lower.
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3. What can Bitcoin do? It just wastes electricity, it's useless.
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4. One Bitcoin
If I split it into ten thousand Bitcoins,
What about a trillion Bitcoins?
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The reason all the above arguments are wrong is,
The value of Bitcoin lies in its decentralized consensus,
Not in its ability to provide food, water, or other necessities.
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It’s because most people recognize it and believe it has value,
Not because of the value assigned by entities like the Federal Reserve or central banks.
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Assigned value can fluctuate,
But the power of consensus is infinite. The more people recognize it,
The higher its value becomes.
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Just like why natural diamonds are valuable?
Because everyone thinks they are a symbol of love,
Recognizing their value, in reality, they are worthless compared to synthetic diamonds.
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Why does the approval of the BTC ETF in the U.S. lead to price increases?
It’s because more people have reached a consensus on its value,
So its value is increasing.
If you issue another coin, even with a production of 0.01, even if it’s your booger, it doesn’t have consensus, so its value is very low.
Got it? If not, think about it some more...
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BTC and BCH are somewhat the same,
Why is BTC at 100,000 while BCH is only 500?
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By the way, to clarify, the latest ruling from the Shanghai High Court has already stated,
Virtual currencies have property value,
Personal possession of virtual currency is not illegal.
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Open your eyes and see the world, stop just repeating every day. #Coin#BTC☀

Christmas is approaching, and the market is expected to undergo a 2-3 week adjustment, during which many investors may choose to take profits. Just before the Spring Festival, this could be an ideal time to buy the dip! In the following 2-3 months, the market is likely to welcome a strong upward trend, with altcoins and popular projects expected to rise sharply in succession. #BTC☀ #山寨币投资