Enriqueta Wittliff wYkC

Many who charge fees make the cryptocurrency trading system sound so mysterious.

In fact, what a master does is not speculate on the market but act according to a plan, manage funds well, and respond flexibly.

If you summarize your exclusive entry signals, what happens next when these signals appear is almost inevitable.

Note that your unique signals are not necessarily short-term; they could also be a kind of pattern that is medium-term or even long-term, as long as it is something you have observed and summarized, and you have enough verification to understand its behavior well enough.

If these signals do not appear, you do not act. You wait until they appear. During this time, no matter how tempting the market seems to you, as long as it is not the type you are waiting for, you ignore it. You no longer care about what will happen next, do not overthink it, and definitely do not make impulsive decisions.

As long as it is not a morning with dark clouds and strong winds, you do not put that bottle out to catch water. You just wait, do not predict, so you are unlikely to suffer losses.

You may not even realize that what you are doing is truly 'following the trend'.

Even if out of a hundred times, you encounter a case of dark clouds and strong winds that quickly clears up, it doesn't matter. Because statistically, you have adhered to a superior strategy, and overall, you are still likely to be profitable.

Moreover, its main significance is not in 'adhering to a superior strategy', but in the waiting itself.

Waiting allows you to transform from a slave of the market into a master; you begin to truly experience the feeling of earning money with your own understanding.

Instead of struggling with 'predicting' and ultimately losing money.

Even after a long time, your desire for rain, which represents money, may fade, and you start to find joy in simply observing the clouds.

This signifies that you truly possess it and have control over it.

Last week was great for chasing longs, reward myself by sending some Dogecoin to increase my followers!

$BTC Judging Trends Through Premium Index

1. The current premium indicator (Bitfinex Spot - Binance Futures) is -149, indicating strong selling pressure in the spot market, aggressive long positions in the futures market, and a rapid increase in leverage. This is a typical early FOMO signal for trends.

2. At the current price, if the premium is this low and the price is at a high, it is definitely a bearish signal within the consolidation range. In other words, the current premium indicates that spot traders are selling while futures traders and large players on Binance are aggressively opening long positions, both sides must work hard to pull the premium this low. Meanwhile, during this period, the position data has surged, and the large traders' long-short ratio data has also surged, indicating that both large players and retail traders are aggressively opening long positions at this level.

3. Are you feeling a bit scared?

However! If we look back at history, those brave enough to open long positions despite extremely low premiums when the trend is just starting out often end up with significant results. This is because any trend will have one or several instances where the main bearish force hopes to reverse the trend, but 80% of the time, they will fail. This is similar to the 80% breakout theory in consolidation ranges; 80% of breakouts in consolidation ranges will fail, and a reversal in a bullish trend is also a type of breakout.

4. Therefore, in the current trend range, I must be bullish. The reasoning for daring to open long positions in a trend is the same as daring to open short positions in a consolidation. BTC has a certain possibility of scaring away some bulls before making an upward move, so before BTC rapidly drops back into the consolidation range for a bear market trend, I do not recommend going short. The second scenario is to confirm market demand by pulling back to the upper boundary of the consolidation range before making an upward move. Regardless of whether it is a small-level pullback or a large-level pullback, I provided the levels on Friday.

5. The key level is: If BTC falls back into the consolidation range (upper boundary breached), that is a signal of trend failure. At this time, whether you are in the spot or futures market, you must decisively cut losses.

The trend line along the way is not guaranteed to be reached; it is only a reference standard.

$BTC Bull market breakout pattern, overall bullish, gradually making up for the rise of altcoins

Trading Plan | July 11

1. BTC has officially broken through the original box. The only thing to guard against is a short-term sharp drop back into the box. This is a small probability event and is unlikely to happen. Other than that, it is fully bullish and altcoins will make up for the rise. As I said in the previous article, if there is a fake breakout at this position, then I am still bearish. If the original box is broken, this position cannot be regarded as distribution, but as rising and then accumulating, which is what people call the mid-air refueling mode.

2. From the one-hour k-line, the current rise is divided into three stages

The first stage is in the form of N, the strongest

The second stage of the rise is a narrow channel-shaped rise, the second strongest

Currently in the third stage, wide channel-shaped rise, weaker

The momentum of the rise is getting weaker and weaker from the K-line shape, and the wide channel shape is the easiest to be reversed. At the same time, the k-line shape diverges, and there are three consecutive large positive lines on the daily line level. As for the small-level retracement of this rise, I will not see it very low.

3. The problem of fomo, in fact, from a long-term perspective, it is the most appropriate time to fomo when the trend is just starting. There is no top in a bull market. Looking back, chasing the rise and buying in the early stage will be at a low position, such as last year's 78000. The most wrong thing to do is like some KOLs last year

70000 Wait, wait
80000 Wait again, it will come down soon
90000 Wait!
100000 Rush!!!

4. Therefore, if the small probability situation I mentioned, that is, a sharp drop back to the shock zone, does not occur at this position, you should abandon the noisy voices and buy spot and long-term long orders. In an always in long market, you can buy for any reason. I will not continue to be bearish when the trend has already emerged. This is my rule.

The short-term multi-point below is two positions

Long order 1
Operate long orders at the top of the N-shaped rise. Below this is a strong demand area. This order may be a short order, so take a guaranteed profit when there is a profit or accept a small loss to gamble (115800-114800 range)

Long order 2
Gamble at the top of the shock zone. If there is an opportunity at this position, it is a must-gamble order with extremely high cost performance. Similarly, you must accept a small loss to gamble (112000-111000 range)