Collection of Trading Principles from B Circle Big Shots. Due to Tony's account being banned multiple times, related quotes are hard to find online. Therefore, we have compiled Tony's most comprehensive quotes, along with trading investment philosophies from big names like Fatty, Bitcoin King, Lunch, Chen Xiao, Hedeng, Old Cat, etc., totaling over 100G, with a fee of 20 USDT. [Mage Tony (Core Trading Principles + King of Trading + Trading Quotes) + Fatty, Bitcoin King. It is recommended that those who truly desire change and can settle down to learn come for consultation!

Let me talk about ETH first. On November 26, we specifically said that we could go long at around 3260, and the highest intraday price was 3680. Yesterday, the inflow of ether was 90 million, and the inflow of BTC was 100 million. The two were almost equal, which means that as long as large investors and institutions start to pay attention and change their holdings, the price can easily go up.

At present, the sideways price of ether has been at a high point, and it does not fall with the big cake. Moreover, ETH's trading skills are very strong. Basically, it is a wide range of shocks to get out of the contract, and the long and short changes are too fast. This is what I told you that day. Although the price is high, most people may not make money. At the same time, it also proves one thing. Sol rises, the coin circle may not rise, but ETH rises, and the coin circle 100% follows the rise. As long as it rises, then the cottage will have a chance of a wave of main rising waves.

The advantage of the current market is that it has restored the state before ETF. It is not just looking at the rise and fall of the inflow and outflow on a single day. The sector rotates and the capital flow is slowly restored. 90.8% of the holders of this phenomenal rebound are in a profitable state, which is the highest level since June this year. We will continue to pay attention to the rebound of Ethereum in the future. I personally believe that the exchange rate will continue to rebound to above 0.4, and the price will have a chance to break through 4000#BTC☀ in December.

Let me explain the widespread rise of altcoins. When the cryptocurrency market is oscillating within its original range, the total futures positions across the network have dropped from a peak of 64 billion USD to 6 billion USD, down to 58 billion USD. This indicates that futures bulls are gradually taking profits in bulk. The funds that have made profits in the futures market are all from the internal funds of the cryptocurrency sector.

Then this capital flows into the altcoin realm, driving up altcoin prices. This is a substantial manifestation of the liquidity overflow from BTC, leading to a widespread increase in established altcoins. It is not that external funds have entered the market to favor altcoins, but rather that USD funds have pushed up BTC prices, resulting in a transfer of profit funds within the market.

Behind the difficulty of BTC breaking through the 100,000 price level, there are two key factors. On one hand, the market is too heavy, with many positions creating significant pressure; on the other hand, the fuel reserves of the bears are still insufficient. A considerable amount of bearish liquidity has already accumulated around the 100,000 price level. To achieve a breakthrough, reducing the burden on the BTC market becomes crucial, and the widespread rise of altcoins can precisely accomplish this goal. Judging from the declining trend of positions, a significant scale of internal funds has indeed withdrawn from the BTC market and flowed into altcoins.

Summarizing the market over the past two days:
Bitcoin's market share has dropped from 60% to around 53% currently, with funds flowing back into altcoins, which essentially confirms that it is altcoin season. In the current situation of leading coins recovering, as long as they break through important resistance levels, it is advisable not to short easily.
Bitcoin's market share has dropped from 60% to around 53% currently, with funds flowing back into altcoins, which essentially confirms that it is altcoin season. In the current situation of leading coins recovering, as long as they break through important resistance levels, it is advisable not to short easily.

Trump has opened the IPO listing channel for cryptocurrency companies, and Binance US may be involved and is preparing to introduce strategic investors from countries like Abu Dhabi or Dubai, which has led to a significant increase in BNB, with its market value surpassing $100 billion, a historical high.

Four institutions' Solana ETF applications will face the SEC's first review on January 25, 2025. The subsequent SOL-related ecosystem is worth paying attention to and speculating on, and it is currently in the preparation stage.

In terms of capital flows, on December 4, the United States saw a net inflow of $676 million into Bitcoin for four consecutive days, while Ethereum also had a net inflow of $132.6 million lasting for seven days, showing a clear bullish trend.

Meanwhile, the ADP and PMI data will be released tonight. Bitcoin's bottom-fishing power is strong, and after a spike, it will rebound quickly. Even if the price falls, it may once again push towards the previous high of 99640, with a support level at 95500.

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Let me explain the widespread rise of altcoins. When the cryptocurrency market oscillates within its original range, the total futures positions on the network have dropped from a peak of 64 billion USD to 6 billion USD, falling to 58 billion USD. This indicates that long positions in futures are gradually taking profits in bulk. The funds that have gained profits in the futures market are all from within the cryptocurrency space.

This capital then flows into the altcoin sector, further driving up the prices of altcoins. This is a substantial manifestation of BTC's liquidity overflow, leading to a widespread rise of established altcoins. It is not that external funds have entered the market and favored altcoins, but rather that USD funds have pushed up BTC prices, and the profits realized in the market are being transferred internally.

Behind BTC's difficulty in breaking through the 100,000 price level, there are two key factors. On one hand, the market is heavily leveraged, with numerous positions creating significant pressure; on the other hand, the reserves of short positions are still insufficient. A considerable amount of short liquidity has accumulated near the 100,000 price level. The next step to achieve a breakthrough is to lighten the burden on the BTC market, and a widespread rise in altcoins can precisely achieve this goal. Judging from the trend of declining positions, there is indeed a considerable scale of capital withdrawing from the BTC market and flowing into altcoins.

Rolling over positions sounds scary, but if we put it another way, it’s just adding to your winning positions, which sounds much better. Adding to winning positions is just a common strategy in futures trading.
You don't need to maintain a leverage of 5 to 10 times; just two or three times is sufficient. The goal is to keep the total position at two or three times the floating profit. Bitcoin is still relatively safe, right?
There are only three situations suitable for rolling over positions:
1. Choosing a direction after a long period of sideways movement with new low volatility:
2. Buying the dip after a significant drop in a bull market:
3. Breaking through significant resistance/support levels on a weekly chart.
Only in these three situations is the probability of success relatively high; all other opportunities should be abandoned.
(Tip: Only use money you can afford to lose when trading futures.
#Mage tony #美降息25个基点预期升温

In trading, you need to learn to break down your goals. Think about how you recited texts when you were a child; a long passage, how did you memorize it? Wasn't it by breaking it down into sections?

Trading is the same. If you want to earn 10 million, you need to think about how to break it down. That's 1 million tripled, and similarly, 1 million is 100,000 tripled...

So if you only have 100,000, first think about how to triple it to earn 1 million, and then think about the 10 million later. #BTC☀ #XRP将取代美元加密专家预测Ripple的XRP分类账在日本的主要作用

Traders need to pay attention to their mental and physical state.

Many traders are very "dedicated"; when their mental state is not good, and their physical condition is poor, they still do not want to rest and insist on trading, almost wanting to stay glued to the computer every moment. This is a very bad situation.

If we want to make a profit in trading, we need to take care of both the technical and psychological details. Only when your mind is clear and your physical state is good can we handle trading. #BTC☀

Trading can be summarized in 16 characters,
The way is simple, follow the trend, cut losses in time, let profits fly,
The way is simple: if it's rising, it's rising; if it's falling, it's falling. Judging the rise and fall is easy. If multiple moving averages are trending up, it's rising; if they're trending down, it's falling. It's that simple, don't overthink it. #交易

Trading is a game of waiting and lurking, waiting for the market trends to jump into your bowl, when the market is just right, that is your opportunity.

You must wait for good opportunities to arise before you can act. What is the main reason why many small traders in the market incur losses?

It is precisely because they cannot resist, doing more is worse than doing less, doing less is better than doing it well, slow is fast. #BTC☀

How to view false breakthroughs, and how to deal with false breakthroughs after setting the stop loss?

Never regret cutting positions after false breakthroughs! There are two situations when the price breaks through the stop loss:

One is that the stop loss point is not properly selected and is not the focus of competition;

The other is that the stop loss point is very appropriate and the price is effectively broken through and the general trend is gone.

If the former situation is a blind fight, you should exit and redeploy, and the latter situation should be decisively cut positions. #btc#ETH🔥🔥🔥🔥

Trading Study: How to allocate leverage ratios, many people can't grasp this. To unify, leverage should decrease from large to small across 15 minutes, 1 hour, 4 hours, and daily cycles. Don't get it reversed!
High leverage tends to have relatively more stop losses, which can increase psychological pressure, but as long as the trend is correct, the profits can be substantial.
Low leverage makes it less likely to hit stop losses, resulting in fewer stop losses and somewhat reduced psychological pressure, but if the trend is correct, the profits will also be relatively smaller. #BTC☀

做交易对我帮助非常大的一句话：“要相信你的眼睛，而不要相信你的脑筋，更不要让你的脑筋动了你的眼睛。被脑筋所动的眼睛充满了成见，而所有的成见，都对应着把你引向那最终陷阱的诱饵。”

这段话对我当时影响很大，值得反复思考并时刻牢记。#BTC☀

#MyFirstSquarePost Newcomers Report In, Let's Chat Together!
Li Sir shares some tools with everyone, all of which I use myself and find useful, hoping they can be helpful to everyone.

On-chain data:

defillama.com

On-chain tokens:

dexscreener.com

On-chain assets:

debank.com

On-chain analysis aggregation platform:

dune.com
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