I am 32 years old this year, started trading cryptocurrencies at 22, and by 2023-2024, my funds reached 8 figures. My current lifestyle involves staying in high-end hotels costing around 2000 yuan whenever I go out, which is much more comfortable than what the older generation in traditional industries or the post-80s in e-commerce experience!
As an experienced trader with 10 years of cryptocurrency trading, I am undaunted by market fluctuations, having weathered both bull and bear markets. My ability to survive in this market relies on these 5 rules! They are the accumulation of my years of experience! Take your time to read through, fill in the gaps, and I believe you will gain something valuable!
1. Rapid rises and slow declines indicate accumulation. A quick rise but a slow decline suggests that the market makers are accumulating positions in preparation for the next round of increases.
2. Rapid declines and slow rises indicate distribution. A fast drop but a slow rise means that market makers are gradually selling off, and the market is about to enter a downward cycle.
3. Don't sell on high volume at the top; run if there’s low volume at the top. High trading volume at the top may indicate further increases; however, if the trading volume at the peak shrinks, it indicates insufficient upward momentum, and one should exit quickly.
4. Don't buy on high volume at the bottom; continuous high volume can be a buy signal. High volume at the bottom may indicate a continuation of the decline; it needs to be observed. Continuous high volume indicates that funds are continuously entering, which could be a buying opportunity.
5. Trading cryptocurrencies is trading emotions; consensus equals trading volume. Market sentiment determines the price fluctuations of cryptocurrencies, and trading volume reflects market consensus and investor behavior! Changing even a little is not cool; it can be filled with pain.
Every step forward, every lift of the leg, is accompanied by soreness. Only by tearing away the old muscles can stronger muscles grow. Only by shattering the original understanding can a new self be reconstructed. The cycle of charging ahead and retreating in despair is played out repeatedly, making it very hard to endure; ordinary people simply cannot withstand it. Even worse, some people don't even have the opportunity to change.
Respect the market, continuously learn and delve deeper, constantly optimize systems and acquire new knowledge, and never think you are capable or invincible! Only by remaining vigilant and considering different changing circumstances can one become the ultimate winner in this market!
Follow the black cat closely, analyze with precise strategies, and leverage massive AI big data selections to keep yourself invincible? The market never lacks opportunities; the question is whether you can seize them. By following experienced people and the right individuals, we can earn more!
Strategy first, the big pie is approaching the target position, having already secured 800 points, the entire network has publicly laid out in advance, definitely not a case of hindsight.
Feeling comfortable again, learn to control your hands; frequent operations end up like a headless fly, and in the end, your principal keeps decreasing. Trading does not reward you based on the number of times you trade. Whether it's Do or Kong, first, you need to identify your direction, secondly, find a good entry support (resistance) position, and the rest is just patiently waiting for the right moment to act.
If the position mentioned yesterday gives you an opportunity today, you can still use it.
Wow, look at you analyzing and quickly selling 300 bitcoins
苏御论币
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4.4 Friday Afternoon Strategy
The market is still in a major consolidation phase, and the non-farm payroll data will be crucial in determining whether this trend can continue. Tonight, the market's focus is on the release of the non-farm payroll data and Powell's speech.
Trading suggestions, for reference only Bitcoin around 83500-83800, looking down to around 81000, if broken look to 80000 Ethereum around 1820-1840, looking down to around 1750, if broken continue looking down to 1700
Need to follow the trend, always stay rational, never blindly resist! Wishing everything goes smoothly, seize every wave of opportunity, we have been moving forward side by side! $BTC $ETH #加密市场回调
Therefore, I believe that the trading strategy for Bitcoin in the near term should shift from long to short. If the Bitcoin price approaches the zero-axis position again (Figure 1, which is the top of the oscillation range, around $88,000), short positions can be considered, as the validity of shorting at this point is very high. At the same time, it is essential to closely monitor two key support levels: the support at the bottom of the narrow oscillation range and the bottom support of the wide oscillation range (Figure 2, thick yellow line). If these two positions are broken, the Bitcoin price may crash, potentially falling to levels starting with 7 or even lower. Next, the market will definitely be at hellish difficulty; are you ready? Click to enter >>币安王牌KOL专属群(王不爱)
I see you analyzed and immediately sold 200 bitcoins
王不爱
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Therefore, I believe that the trading strategy for Bitcoin in the near term should shift from long to short. If the Bitcoin price approaches the zero-axis position again (Figure 1, which is the top of the oscillation range, around $88,000), short positions can be considered, as the validity of shorting at this point is very high. At the same time, it is essential to closely monitor two key support levels: the support at the bottom of the narrow oscillation range and the bottom support of the wide oscillation range (Figure 2, thick yellow line). If these two positions are broken, the Bitcoin price may crash, potentially falling to levels starting with 7 or even lower. Next, the market will definitely be at hellish difficulty; are you ready? Click to enter >>币安王牌KOL专属群(王不爱)
At 4 AM, if I were trading in real-time, I'd roll over my positions without setting a stop loss when going short. A sharp rise is just to make a big plunge downwards. It's too late to speak at 4 AM; I can't hold on. This market is exhilarating for rolling over positions and trading. I anticipated the upward spike before the US stock market opened last night.
Knowledge Point: This one sent in the morning, the solid square at the bottom circle indicates a weakening of upward momentum at the 4-hour level. Seeing this basically means you can short it immediately. If it is hollow, it indicates an acceleration in the upward movement, and you cannot short. It is precisely because the 4-hour rebound is weakening and the MACD can't temporarily rise, so you shouldn't chase the price above 8.5.