The ETH trend is amazing. On the 26th, I talked about the long position with a current profit of 130 points. First, let's review the commentary from the 26th. I mentioned the ongoing rise of the ETH at 2380, and advised that the stop-loss should be below 2300 with a take-profit space of 200 points. Currently, there is over 130 points of space, with the current price at 2512. Without further ado, let's get to the main topic. In this issue, I will discuss the future trend of ETH. Looking at Chart 1, the MA bulls are still shrinking, with upper pressure at 2570 and 2700. In the short term, ETH is expected to experience a decline. How do we find the entry and exit points? Let's refer to Chart 2. Currently, ETH is at 2512, and on the 4-hour level, there will still be a small increase. The short-term pressure is at 2558-60, with support at the low point positioned above 2390-2430. Gradually take profits accordingly. For shorts, enter near 2558-2560, and the stop-loss reference point is shown in Chart 1, suggesting 2586. I hope today's commentary is helpful to everyone. Yao Yao only speaks the most practical advice; if you like it, you can follow me. If you want to analyze something, please type it in the comment area. $ETH
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Is everyone still feeling a bit confused about ETH's recent trends? Let Xiao Yao give you some insights next. [Wish Star] First, let's look at Chart 1, which shows the 4-hour trend of ETH. From the low point of 2149 on September 7, the subsequent points have been higher than the previous low. Although many in the market are bearish, it’s important to stay firm. Currently, the low point of 2380 today could be a good entry opportunity, while the high point resistance is around 2800. Therefore, Xiao Yao suggests entering long positions near 2380, with a conservative target profit space of around 200 points above, and a stop loss recommended below 2300. In Chart 2, confirming the viewpoint, you can see that the weekly candlestick has been closing higher each week. The market outlook remains bullish. If you still have any questions about the current market, feel free to reach out to Yao Yao. See you next time! [Effort] #$ETH
Yesterday, the concubine firmly expressed a bullish outlook.
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Is everyone still feeling a bit confused about ETH's recent trends? Let Xiao Yao give you some insights next. [Wish Star] First, let's look at Chart 1, which shows the 4-hour trend of ETH. From the low point of 2149 on September 7, the subsequent points have been higher than the previous low. Although many in the market are bearish, it’s important to stay firm. Currently, the low point of 2380 today could be a good entry opportunity, while the high point resistance is around 2800. Therefore, Xiao Yao suggests entering long positions near 2380, with a conservative target profit space of around 200 points above, and a stop loss recommended below 2300. In Chart 2, confirming the viewpoint, you can see that the weekly candlestick has been closing higher each week. The market outlook remains bullish. If you still have any questions about the current market, feel free to reach out to Yao Yao. See you next time! [Effort] #$ETH
Is everyone still feeling a bit confused about ETH's recent trends? Let Xiao Yao give you some insights next. [Wish Star] First, let's look at Chart 1, which shows the 4-hour trend of ETH. From the low point of 2149 on September 7, the subsequent points have been higher than the previous low. Although many in the market are bearish, it’s important to stay firm. Currently, the low point of 2380 today could be a good entry opportunity, while the high point resistance is around 2800. Therefore, Xiao Yao suggests entering long positions near 2380, with a conservative target profit space of around 200 points above, and a stop loss recommended below 2300. In Chart 2, confirming the viewpoint, you can see that the weekly candlestick has been closing higher each week. The market outlook remains bullish. If you still have any questions about the current market, feel free to reach out to Yao Yao. See you next time! [Effort] #$ETH
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First, it is challenging; a good emotional environment is necessary, meaning the market must be favorable. If the market is as bleak as it has been in the past few months, chasing after meme coins is likely to lead to losses.
1) Only when the market is good does meme have the foundation for speculation.
Next is the narrative; a good narrative is essential. Novelty is always a major factor in meme narratives, such as new IP images like the previous frog, goose, hippo, etc., strange expressions, unique cultures, and so on, all fall under this logic.
2) Good background associations, institutions, or high-weight OGs.
These are the core driving paths for the Golden Dog, and the influence is built upon those with significant weight and institutions.
3) Follow market sentiment:
The premise for the Golden Dog is that it must rise to a point where everyone in the circle knows about it. When everyone is fomo-ing, it is basically the short-term peak.
Enhance your understanding, such as using tools to gather information, quickly engage with MEME, learn to audit contract safety, and mechanisms. Finally, based on your funds, reasonably allocate the proportion of memes, protect principal profits, etc.
3) Luck:
Luck must outweigh everything.
Because the probability of making money from speculating on a meme coin in the short term is relatively high. However, if you want to bet on Binance and become a big Golden Dog, then you need luck and perseverance.
But the premise for all of this is that the meme's narrative must be good and at the core focus of the market.
Facing novel MEME, if you see a trend of discussion spreading in the market, immediately intervene for trial and error, buy first and then study in detail $BTC .
Five Iron Rules of Cryptocurrency Trading! Each one is packed with valuable insights!!! 【Learn, Understand, Act, and You Will Surely Become Great】
Trump can't save you, Musk can't save you, Powell can't save you, Amen can't save you, and even Buddha can't save you... The only one who can save you is yourself. If you deeply comprehend these 5 iron rules, you will elevate your understanding!
1. About Position Holding Don’t hold onto great positions that are moving poorly, and definitely don’t hold onto bad positions. If you can't let profits run, at least don’t let losses run.
2. About Position Size Many people promote miraculous technical levels, but it’s not the technical levels that are miraculous; it’s the position size. Knowing when to use large positions solves the core issues in trading. Long-term trading shouldn’t be rushed; every order shouldn’t exceed one-tenth of your position. The only reason to enter short-term is that the market is strong. Making money relies on a strong market, not on your skills; in a slow market, being just a bit slower is still faster.
3. About Trends Being an enemy of the trend is dangerous, but being a friend to the trend is fatal. You are taking advantage of the trend, and the trend is also taking advantage of you. The essence of a bullish trend is to take you to a high point and make you feel good about yourself while buying your positions. Dealing with trends is like sparring with an expert; you must always keep your wits about you. You can wait for the trend to establish before entering, but never wait until the trend breaks before exiting; by then, it’s too late. You can be a bit slower entering, but you must exit quickly.
4. About Taking Profit Sometimes you sell too early, and sometimes too late. How can you sell at just the right moment? Don’t waste time on questions that have no answers. Many people chase for the peak selling point. However, a world-class trading master once said: "I make money by selling early." Here are a few profit-taking methods that I personally agree with: 1) Next Day Closing Method, take profit if it looks good the next day. 2) Line Understanding Method, don’t sell if there are no bearish candles; take profit if you see a bearish candle. 3) No New Highs Profit-Taking Method, take profit if neither the highest price nor the closing price makes a new high. 4) Break Below the Moving Average Profit-Taking Method, take profit if a certain moving average is broken. The overall principle is strict in entry and lenient in exit; be strict on buying points and relaxed on selling points.
5. About Stop Loss I won’t repeat the importance of stop loss. Here’s a simple introduction to an effective single candlestick stop loss method: the first point of the entry candlestick must not be broken; if it is, you must stop loss. Hesitation arises from a lack of clarity.
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1. Meme: From Pepe, Floki, Bonk, People, doge, etc. to the recently launched Neiro, Turbo, etc., the popularity and capital influx of Meme have always been at the top, and there should be at least a position in the spot layout (meme is something that does not have technical aspects and fundamentals, and can go through cycles with big pie icons)
2. AI artificial intelligence: Arkm, Phb, Wld, Fet INJ, etc. (AI is a major trend of mankind)
3. RWA: ondo polyx (this is a large track that can be implemented)
4. Re-staking: pendle BB Eigen (the cash flow value of assets is inseparable)
5. Public chain: eth inj ton sui (there are public chains that are hyped up in every round)
Why do so many people like to increase their positions with floating profits? Simply put, it means to continue to increase your positions when you have already made money. This is also called rolling positions, which can quickly increase your funds.
Let's talk about how to operate it in detail.
Take buying reef as an example. You first used part of your money to buy some reef. After a period of time, the price of reef went up, and then you had a profit in your account. If you think the price of reef will continue to rise in the future, then you can consider increasing your positions with floating profits.
For example, you bought a certain amount of reef at the beginning, and when the price of reef rose, you had a profit in your account, so you can take out some more money and continue to buy reef. In this way, if the price of reef continues to rise in the future, you will make more money.
However, there are risks in increasing your positions with floating profits. If the market conditions suddenly change and the price starts to fall, the part you added later may lose money soon, and you may even lose all the money you made before. Therefore, when increasing your positions with floating profits, you must carefully judge the market trend and do a good job of risk control.
First of all, you have to have a deeper understanding and analysis of the market. Look at various technical indicators, market news, etc., to determine whether the market will really continue to move in a direction that is favorable to you. If it is just a short-term price fluctuation, but you mistakenly think it is a big trend and rashly increase your position, it will easily go wrong.
Secondly, you must control the proportion of increasing your position. You can't use all your money to increase your position at once. You have to reasonably arrange how much money you can increase your position according to how much risk you can bear and the market situation. For example, you can only take out a certain proportion of money to increase your position each time, so that even if there is an unexpected situation in the market, your loss will not be too large.
In addition, you have to set a stop loss. If the market trend is not what you think, and the price falls to a certain level, you have to stop the loss quickly to prevent the loss from getting bigger and bigger.
In short, increasing your position with floating profit is a risky but also high-yield operation method. When doing this operation, you must carefully analyze the market and control the risk so that you can make more money.
Pay attention to Xiaotong and make it extremely easy for you to turn over your position!
The cryptocurrency world is not like it was a few years ago. It is often hundreds or thousands of times. Although there are such opportunities now, ordinary people cannot catch such opportunities. Even if they buy it, they cannot hold it. Suppose you enter the cryptocurrency world with 100,000 yuan and want to make 1 million yuan and multiply the principal 10 times. If there is no one to guide you and you don’t learn about the cryptocurrency world well, your 100,000 yuan will most likely return to zero. Pay tuition to the market and lose everything. Or being cheated is also a way to return funds to zero. People who come to the cryptocurrency world thinking of getting rich overnight are likely to return to zero overnight. Of course, some can hold on for a few days. But as long as you think about getting rich overnight, it is only a matter of time before you return to zero. There is no suspense. With only a few thousand yuan of principal, you think about making hundreds of thousands or millions of yuan all day long. You have never thought about how difficult it is. How many times the principal can be multiplied to achieve it. Many people can’t even double their principal. They just think about dozens or hundreds of times all day long. Is this possible? It’s impossible. In the end, you can only become fuel for the market and become a passerby. Be pragmatic. Think about how to double the principal first. Double it, then double it again. Think about it little by little and earn slowly. This is the fastest way to get rich. Of course, I personally recommend not to choose contracts. Contracts are really not something that ordinary people can play. Leverage infinitely magnifies the shortcomings of human nature. Maybe your idea is right. But because of leverage, the funds fluctuate too much. It exceeds your tolerance. Before the market starts to rise, you choose to close the position. Then open the next order. The result is the same. In a few times, your principal will shrink significantly. The more the funds shrink, the more you can't control yourself. At this time, you don't want to return to zero. You will think about recovering losses quickly. Expand leverage and operate with heavy positions. As long as you make a mistake once, you will return to zero. Invest in spot honestly, don't think about getting rich overnight. Take out 20% of your salary every month to buy spot. After a few years, there may be unexpected gains. The bull market is just beginning. If you are not suitable for big cakes, and want to fight for a high multiple with a cottage but don't know which coin to take, then pay attention to Ike and observe 🐖, and you will lay out the entire bull market.
Have you ever lost yourself in the investment world, and repeatedly suffered setbacks when going against the trend?
There is a golden rule in the investment world - that is to follow the market trend. Why is it so important?
Going with the trend is a must for every investor. Imagine that when the market is surging forward like a tide, you have to go against the current. The result is predictable.
In a bull market, everyone contributes to the success, and shorting will only make you miss the feast; and when a bear market comes, the market is cold and longs may make you fall into the quagmire. The key is to identify the trend. Whether it is technical analysis or fundamental considerations, it should revolve around the word "follow the trend".
Remember, although low-leverage contract trading seems mild, it is also dangerous to go against the market. The current market is in the early stage of the bull market, and it is a good time to set sail. Don't let shorting become a stumbling block on your way forward.
Following the market trend is not only an investment strategy, but also a manifestation of wisdom. Don't let going against the trend become a stumbling block to your wealth growth, learn to go with the trend!
Have you ever lost yourself in the investment world, and repeatedly suffered setbacks when going against the trend?
There is a golden rule in the investment world - that is to follow the market trend. Why is it so important?
Going with the trend is a must for every investor. Imagine that when the market is surging forward like a tide, you have to go against the current. The result is predictable.
In a bull market, everyone contributes to the success, and shorting will only make you miss the feast; and when a bear market comes, the market is cold and longs may make you fall into the quagmire. The key is to identify the trend. Whether it is technical analysis or fundamental considerations, it should revolve around the word "follow the trend".
Remember, although low-leverage contract trading seems mild, it is also dangerous to go against the market. The current market is in the early stage of the bull market, and it is a good time to set sail. Don't let shorting become a stumbling block on your way forward.
Following the market trend is not only an investment strategy, but also a manifestation of wisdom. Don't let going against the trend become a stumbling block to your wealth growth, learn to go with the trend!
At the beginning of the big market, here are some advices:
1. Give priority to individual targets with bottom oscillation, clear accumulation structure, and large volume pull-up, which will come out first. Don't jump out of the car just because you see that other targets you hold are not pulling up, which may end up with nothing.
2. Don't care about the cost, don't care too much about the comparison and time price, and define whether it is expensive or cheap
3. The general direction of the market is still upward, and the correction after the big rise has stabilized, which is the best time to enter the market.
4. Avoid frequent position changes. Previous bull market experience tells me that abandoning the chips bought at the bottom and chasing the rise is often the easiest to lose money in the bull market. Only when the wind comes can you dance gracefully.
Ethereum is strong, and the cottage is recovering. Once the adjustment is in place, there will be a rebound.
As for the voices in the market calling for a 100,000 yuan by the end of the year, just listen to them and don't take them seriously. You don't need to be so fomo when playing with coins, especially contracts.
For the next two days, first adjust and enter the market at an appropriate time. This week, see if 65,000 can stand firm, and then see how 7w and 7w3 break through and stand firm. Only after all three gaps stand firm can we see 8w.
Those who call for 10w in the market are all welcomed by institutions. Eat one bite at a time, don't fall into the 10w trap, die in the short-term needle or get stuck on the top of the mountain.
The main force that smashed the market last week was the same as the main force that pulled the market yesterday.
BTC has been rising recently, but not many people in the circle are happy! Why is this?
The main reason is that many retail investors do not hold BTC, and they dare not buy it when Bitcoin is low, always thinking it is too expensive! ! I like to go all-in with altcoins! I fantasize about ten times or a hundred times the return! Although Bitcoin has been rising recently, altcoins have not fluctuated much! On the contrary, some altcoins have fallen!
Another reason is that in the circle, retail investors with large capital basically have large positions in mainstreams such as BTC, ETH, and BNB. They will not pay special attention to the short-term rise and fall of the market. They are all long-term bulls! They will not be complacent because of a little rise, and start looking for all kinds of bad news after a little correction! Wealth value and cognition are here! They will not care too much!
In the past, making money in the currency circle was the 28th law. Now, making money in the currency circle may be less than one in ten! Many times, it is not that the market is bad, nor that there are no skyrocketing coins. The most critical thing is position management, entry points, and judgment of entry timing!