CEX: Users must deposit assets into the exchange account, where the exchange has control of the private keys, and users rely on the platform's credit. DEX: Users manage their own private keys, and assets are held through smart contracts, with transactions being transparent and immutable. Transaction Efficiency and Liquidity
CEX: Utilizes a centralized order book, with fast transaction speeds (milliseconds), high liquidity, and supports high-frequency trading and derivatives (such as futures, leverage). DEX: Based on on-chain smart contracts or liquidity pools (AMM), transactions require on-chain confirmation (minutes), with lower liquidity, and large transactions may face slippage.
Privacy and Compliance
CEX: Requires completion of KYC/AML certification, user identity information is regulated by the platform, with strong compliance. DEX: Anonymous transactions, no identity verification required, but there is a risk of money laundering and high regulatory uncertainty. Fee Structure
CEX: Charges trading fees (0.1%-0.5%), withdrawal fees, etc., with transparent but relatively high fees. DEX: Only pays on-chain Gas fees (depending on network congestion), no platform cut, but Gas fees can be highly volatile.
$BTC Price Performance BTC is currently priced at $105,388, with a 24-hour decline of 2.47%, and an intraday fluctuation range of $105,319-$108,851. The technical indicators show a short-term bearish trend, with a bearish crossover in the MACD, and the RSI has fallen to 43.3 (neutral to bearish). If it breaks below $105,000, it may trigger a liquidity replenishment, further probing the range of $102,500-$103,500.
Key Support and Resistance
Support Level: $105,000-$105,500 (on-chain stop-loss dense area and Fibonacci retracement at 0.382) Resistance Level: $107,500-$108,000 (upper boundary of the descending channel and dense area of trapped positions in exchanges)
Short-term (1-3 days)
Long Position: If the price stabilizes around $105,500 during a pullback, a light position can be established with a stop-loss set below $105,000, targeting $108,000. Short Position: If it breaks down below $105,000 with volume, a short can be pursued to $102,500, with a stop-loss at $106,000. Medium-term (1-4 weeks)
Monitor the effectiveness of the $105,500 support. If it holds, a staggered position can be built, with the first batch buying 20% of the position, stopping out if it breaks below $102,500. Risk Warning
The U.S. tariff ruling on June 9 and the Federal Reserve's policy direction may trigger significant volatility, and it is recommended to control positions and retain cash to cope with black swan events.
Core classification criteria for transaction type #交易类型入门 Transaction types can be classified based on dimensions such as trading targets, time, method, and risk. Common classification criteria include:
Trading targets: Physical goods (such as gold, crude oil), financial assets (stocks, bonds), virtual assets (cryptocurrencies), etc. Trading time: Spot (immediate delivery), futures (future delivery), options (choice rights), etc. Trading method: On-exchange trading (exchange matching), over-the-counter trading (OTC peer-to-peer), algorithmic trading, etc. Risk characteristics: Low risk (bonds), high risk (futures), hedging type (options), etc.
Share a method that will never lose money when opening a contract.
The truth is often in the hands of a few people. Almost no one can do this method, and those who do it will hardly lose money.
First of all, there are three things you cannot do when opening a contract: First, you cannot open a long position, second, you cannot open a short position, and third, you cannot open a long or short position at the same time.
The truth is simple. This is a joke, but you must also tell yourself that you should be cautious when opening a position and decisive when closing a position. Money is only money when it is in your hand. If you lose money, you will not keep losing money if you stop loss in time. So have you learned it?
The bull market is gone? The bear market is coming?
It has been almost two years since Ethereum reached its low point in June 2022. In terms of price, the bull market has been here for two years. As for whether the bull is tired or gone, I think it is just the halftime break of the bull market and it has not gone yet.
From the daily chart, Ethereum has formed a descending wedge. Generally speaking, the probability of a descending wedge breaking upward is still very high. The current price is in a chip area formed this year, and it is also in a position of stepping back on the rising trend line. At this position, I think it is possible to go long and take a breakthrough. The stop loss is placed at today's or yesterday's low point, and there should be a good increase. Similarly, this is the third test of the upper edge. If this still cannot break through, the low point of this wave will go down to around 2400.
Simple analysis, if the analysis is wrong, a random person will be rewarded with a huge amount of 1u. (The first 10u challenge has failed, and 10u has been charged again. Looking forward to it)
Can I use 10u to turn my position into 10000u in the currency circle?
I think the answer to this question is yes, it is definitely possible. How to do it? I think we need an effective trading method, focusing on accumulation in the early stage, seeking stability in the middle stage, and not playing around in the later stage. When I started with 10u, the funds were too little, so I could only eat small losses and slowly save the principal. When I saved up to 50u, I would be a little more relaxed when opening orders for 100u. At the beginning, you can be a little willful and open a larger position, half a position, so that you can also make a profit, and you won't lose too much. Slowly, as the principal increases, you need to control the position and the profit and loss ratio. In short, you should be calm and not be anxious, fantasizing about getting rich overnight and making a lot of profit in one order.
Then it is to open an order. You should pay attention to the entry point, exit point, and stop loss position every time you open an order. You must have enough reasons to open an order again. You may make money by rushing without thinking, but it is definitely impossible to make money by rushing without thinking. Sometimes when I open an order myself, I always enter the market in advance because I am afraid of missing it, but I get trapped eight times out of ten times I enter the market. There is really no shortage of opportunities to make money in the market, and you must be patient and wait (I say this to you, and also to myself, because it is really uncomfortable to lose money when you are trapped). Trading is very difficult to say, and it is also very simple to say, but the premise is that you can control yourself and achieve unity of knowledge and action.
I write about my trading experience every day, not to teach you how to trade, but to sound a warning to myself, hoping that I can do what I say. Because although I can write these, I have never done what I said, so I have been losing money. I hope I can change myself and enjoy the fun of trading one day.