Thanks to Binance for opening the square gameplay, it's great! I'm Kunchen. I wanted to be a part of Binance Square for a long time. I majored in computer science overseas, an early miner of the Australian blockchain, and one of the first batch of people who didn't hold Bitcoin. Because of the loss of curiosity and love for crypto, I taught myself to trade, and then lost a lot of chips! The main reason was that I was still young at that time! After returning to China, I spent two years recharging and systematically learning trading. I am good at some old tactics. I have experienced two and a half bull and bear markets, played with contracts and leverage; experienced the excitement of more than 200 times a single order many times; exploded three times the warehouse of seven-digit US dollars; hoarded Auntie CX coins in Difi in the primary market, and tasted 165 times of appreciation without locking profits in time; went to Laos to be a shareholder partner of a small power station, sold electricity, and worked as a sub-landlord of a small miner; participated in the early graphics card mining of ETH and the hype of 3060ti machines; but I have never been a celebrity in the cryptocurrency circle! Haha, I am Kunchen, a crypto spot, welcome your attention, and we will talk about spot, the past, the future, and what garbage can make you rich and free later! Spot trading is king, Brother Xinchen, you will have eternal life in the circle!
In the past few days, the market has been on a downward trend, having formed the sixth consecutive bearish candlestick. By 8 AM tomorrow, the Binance candlestick chart will verify whether it’s a continuous 6 bearish candles or 5 bearish and 1 bullish candle? Almost a week has passed, $BTC continuously dropping from a high of around 73657 to a low of around 67452! The space in between has a profit margin of up to 6200 points!
I’m not always profitable, nor do I open positions at the highest point or close at the lowest point! However, I currently still hold a small short position opened near 72000, and I have already set up a stop-loss. If there’s a rebound tomorrow, I will take this part of the stop-loss margin! If it continues to plunge deeper, I will still hold on! Just consider it a stubborn plaster; you can't shake it off!
In the past six days, Bitcoin encountered strong support at 67450, and it has stopped going down for two consecutive days! So, will the trend change? Many big players seem to have started converting shorts to longs? From a four-hour perspective, the downward structure is indeed still a downward trend! Nothing has changed! I still see tomorrow as November 5th, the U.S. election! Tomorrow will be very crucial!
Regardless of whether it's Mr. Trump or Ms. Haha in the election, both will cause some market fluctuations tomorrow! I really can’t understand this kind of market, so I plan to rest and observe tomorrow without opening new trades!
In this kind of market, I definitely won’t open new positions tomorrow, regardless of any coin! I truly can’t see the direction for tomorrow! Not understanding it means I will wait for the right-side trading signals, which although may seem clumsy and earn less than left-side trading, it’s stable enough to allow me to survive longer in the circle, naturally with a slightly larger margin for error! After the election results come out, and I have a certain direction, I will take action for short-term trading!
The above is for the reference of my contract trading brothers! As for my spot trading brothers, don’t rush! Let’s wait until this week is over and then see; there’s plenty of time!
Currently, looking at the short-term pressure support levels: 4-hour pressure levels 69490, 71640 4-hour support levels 67450, 67050, 66600, 62857
The reversal will depend on which side breaks through tomorrow, changing or continuing the structure! If we see more than two breakthrough points and a continuation trend, I will open new short-term positions on that side!
Follow Chen Ge to not get lost, like and comment to increase wealth! #美国大选后涨或跌? #你问我答
Today I saw the Binance Week, my idol Big Brother is back, and I am very happy! I saw many big influencers and KOLs participating in the event in Dubai during the live stream! Communication from Chinese and English-speaking regions around the world! It really makes me envious, and I also want to have the opportunity to be invited to such a tech enthusiast event! I know I am not qualified enough yet! But I am not afraid, I believe I will definitely be able to in the future! Keep working hard every day, writing code! Become a reliable KC brother for my good brothers! Also strive to become a KC brother for Binance! #你问我答 #BinanceBlockchainWeek #CZ四个月后刑满释放 #欢迎大表哥回家 #美国大选后行情预测
As I updated in the last post, there may still be people laughing at me. If you go back and review, how did I predict today? Now I am even more determined, and my viewpoint has been completely validated! Today, the intraday trend has indeed followed the downward trend I expected!
Good brothers, go back and check the last two posts to verify! 17848692377 71299101019 Now, BTC has indeed started a continuous decline at the hourly level on the last day of this month! It has dropped from 72643 to around 70799, a decrease of nearly 1700 points! This is already considered to be in a medium-small level trend state! Tonight, the US stock market opened and has been continuously declining, with no signs of a rebound currently, so the possibility of continuing to step down is still spreading! This spreading sentiment may continue until tomorrow, November 1, when it may finally stop declining!
Support at the hourly level below 70800 (if this position is breached, you can directly look at 68815, 67935, 67310)
Good brothers in spot trading can reduce their positions on the parts they added at these levels for short-term profit-taking!
Contract trading good brothers! Do not resist long positions tonight; the sentiment of continuing to explore downwards is far from over! Yesterday, there was so much net inflow, and it didn’t rise, indicating that the main force has already started to sell and change hands. Today, retail investors, being late to the game, will definitely continue the overall market's downward sentiment!
Good brothers! Let’s continue to wait for the line to form!
Binance trading view monthly line closing will end tomorrow morning at 8 AM, so we can boldly see two positions, 69600 and 67880, the possibility of hitting these two positions for closing exceeds 80% and 60%.
The above is Kun Chen's personal opinion, not investment advice, only for good brothers to have a rational reference in extreme situations! I wish you profit every time you open a position!
Follow Chen Ge to avoid getting lost, like, comment, and increase wealth!
Between 7 AM and 8 AM today, $BTC The bullish main force formed a continuous upward surge, ultimately breaking through the 70,000 mark, with a relative high point at 71,607. It was suppressed by resistance at 71,300, closing down, and is currently stabilizing around 70,887!
My viewpoint hasn’t changed; I still don’t see bullish this week! My conclusion is definitely bearish! The upward breakthrough of 70,000 is a process, and the extension of the bullish top-touching sentiment has made Bitcoin perform relatively strongly! At the same time, it has driven the head mountain imitation ETH and SOL to also break new highs!
My previous deduction process has been achieved, and the next step is to continue pulling up to 75,000? 80,000?
I feel it’s not yet time to go up directly; my personal viewpoint remains. A surge like this without a pullback of 1,000 price points makes me even more worried! This further drives my flash crash sentiment! I don’t know what everyone thinks? Perhaps many retail investors are already starting to FOMO, wondering why they didn’t buy during the 68,000-69,000 range? Right? I think that’s unnecessary. I firmly believe that there will be a deep pullback, and I maintain this viewpoint. I will patiently wait for the big show on the 31st!
Currently Upper resistance 71,300 Lower support 70,000
The bottom is indeed rising, but the forces at play are mutual; the faster I pull up, the quicker it may drop! As the saying goes: A week of hard effort to rise, it only takes 10 seconds to fall!
Please, good brothers, don't FOMO. If you have cash, hold on tight! If you’re empty-handed with no orders, don’t rush; wait for an opportunity! Good brothers holding long contracts can hold on a bit longer. You can set profit stop-loss at 70,300-70,500. For those holding short positions, it’s not recommended to hold; stop-loss if needed, unless you are very strong and BTC rises to 1 million USD before you get liquidated, don't take my words lightly! Because even though I generally see bearish this week, we can’t accurately predict when the downturn will specifically come!
Tonight at 4 AM, there are still two 15-minute minor lines that haven't been completed, $BTC Bitcoin accelerated to try to touch 70000 but failed, reaching around 69960. Tonight, the bulls are strong! The gradual rise is indeed a real increase, continuing my bullish view from last week. Last week, I felt that Bitcoin definitely had to touch 70000, but that doesn’t mean it can effectively stabilize and push higher! Currently in a pullback! It has reached around 69631! There might be a continuation of bullish sentiment above 70000 for a short while, but in the past few days, if you can stay put, don't move! The market can change in an instant!
The reasons need not be elaborated, but there are several objective factors supporting the fundamentals:
a. Halloween in the West is coming on the 31st, and the last day of the month typically sees violent fluctuations with immense trading volume, a high-frequency trading period!
b. Japan's interest rate hike drama!
c. The US election on November 5, will Trump get what he wants?
By examining these three points closely, one would realize that the trend shouldn’t just go up and not come down, or go up and keep exploring upward without limits! There will definitely be a pullback, even a noticeable daily level correction! This is necessary to provide momentum and power for the anticipated bull market in the last two months of this year!
Let me ask everyone, whether retail investors or capital players, under what conditions would new funds want to enter the market? 1. Cheap (capital) 2. Breaking previous highs, having potential, the bull is coming (retail investors)
The main players are very concerned about what the retail investors think, while the retail investors are not concerned about what the main players do!
No breaking, no standing! How to continue pulling without adjustment? What’s the meaning of the pull?
I believe the above two factors have reference significance!
Currently, it looks like Upper pressure at 70000 Lower support at 68000
So my prediction is that after touching 70000 tonight, there will be a trend of pullback, likely a noticeable retreat on the 31st! Additionally, Japan's interest rate hike is causing capital to flow back, not only in the crypto circle but also in all financial circles — a significant blow! Moreover, the possibility of this rate hike is not small, regardless of whether the news is good or bad, it may just be to better influence the market alongside the main players, thereby controlling market rhythm and sentiment to achieve profit!
I can't give a bearish or bullish judgment on the weekend! It will fluctuate!
There is no master who always makes money in this market! After the US stock market closed at midnight yesterday, the big cake inserted two pins. When the first wave of bullish market went up to 68,800 but was not continued, I ran away from half of my long orders and held half to fight for 69,500. However, due to the strong control of the main force, the stop loss of the other half of my long orders was 300 points below the opening price, and I lost the other half, making less money!
At that time, I thought sol was relatively weak. Before the first pin of the big cake was hit, I opened a short order at 169.8, and stopped all profits at 165.9, and ran away after taking a bite!
Later, I no longer dared to open orders. After seeing the big cake inserted the first pin and recovered around 67,000, I went to bed!
The above records the bloody experience of last night!
The market fell rapidly at one time, resulting in 99% of the long forces last night not being enough and all buried! Heroic! But the air force is not much better. When I reviewed the market today, I saw the density-controlled market last night. It was outrageous that it hit two short-term deep pins, which meant that the air force was killed together! Speaking of the master of eternal profit, I believe there are many people who rely on their mouths, but it was really difficult to make money last night. Fortunately, I slept. If I had opened a long order at that time, I guess I would have been beaten again! I will never participate in this kind of market in the future. Short positions are profitable! Before the big bull market comes, keeping the principal is the kingly way!
Today and tomorrow weekend, there is generally no big market, mostly consolidation and shock trend! The upper pressure of the big cake position is 67500, and the lower support is 66000. There will be a wide range of shocks around the two positions on the weekend! There will be no market, and the line will still be around pressure and support!
Follow Brother Chen to avoid getting lost, like and comment to increase wealth!
It’s good to take a break for a while. I feel great and seem to be more objective! It also deepens my winning rate! Have any brothers seen the predictions of the intraday market given by Kunchen in the first and second posts at noon!
After a month of rest, I will come back to try my hand and get the hang of it. I hope I can help my good brothers!
$BTC I am embarrassed to eat the long order of the pancake contract tonight. I can sell half of it at 68827 above, and then take it again when it breaks through or goes sideways, and try 69500-70000! Don’t panic now, the rise is not over yet!
Today's market is still as exhausting as it was yesterday and the day before, I believe seasoned players are too scared to take action and are all in cash, right? Is this kind of market only for those brave enough like Lü Bu to dare to make a move? Hahaha, Kuncheng wishes everyone good luck! Make money! Run fast! Keep it up!
$ETH is still weak, on the verge of collapse!
In the short term, looking at the overall market, it resembles the big pie, but the big pie does not necessarily follow the US stock market. After the US stock market closes, the big pie will behave unpredictably! Currently, it is in a wide range of fluctuations, and it has even experienced thousands of points of giant fluctuations, but the 15-minute chart is very sluggish, lacking any reference point, and the naked K-line makes it impossible to gauge the market, as it suddenly speeds up, then slows down or just remains still! Those who cannot understand should either experience a small position today or simply stay in cash! Contract traders must not hold their positions! Spot traders, due to the insufficient strength of this trend and the air force, the evening market should still reverse back on an hourly level! If you make short-term profits, run away; if you want to hold long-term, continue the pattern! What you want next month will come!
Big Pie Support at 67350, near 56850 Resistance at 58750, near 59000
$BOME
The daily view of Bome has been replied in the comments of the previous post, please check it out if needed! If the US market continues its strong momentum as it did yesterday, there is a probability of reaching 69500-70000 on the V reversal.
Follow Chen Ge to avoid getting lost, like and comment to increase wealth! #美国大选前行情观察 #BTC走势预测 #山寨币热点 #山寨季何时到来? #sol板块
Last night, the price of Bitcoin #BTC☀ hit a high of 68842.5 and then fell all the way to the afternoon low, with a drop of 1620 points, which verified the wide range of fluctuations! Whether it is violent or not depends on the emotions of the contract players!
There is a passage that I agree with. The long and short sentiments of Bitcoin are caused by the greed and fear of retail investors, who hold orders and fantasize about being killed in the end!
With such a huge fluctuation, is it still more stable for spot?
Chicken soup for appetite: Even if you don’t think highly of the absolute spot cycle waiting, you can also use the contract order to open a 2-3 times small multiple of the mainstream currency order to hold a position, and time is exchanged for space! Why rush for a moment! Buffett’s secret is to outlast all those who have no patience. If you can outlast them, you will not lack wealth! #美国大选如何影响加密产业? Last night, Bitcoin induced more behavior, and today’s white market killed many good brothers of the long army and spot! What good news that Trump is likely to take office is all for the purpose of harvesting!
Everything should focus on the results of November 5th next month! #美国大选前行情观察
Here is a reminder: when trading, we must not be a useless person who is forced to cut our own meat. We must be a living person who dares to calmly admit losses when the market changes. The longer you live, the more you can get what you want!
Today, so many people have blown up their positions, and how many good brothers have been buried!
Take your time and don't rush! What is coming will come!
$BTC Brothers who have long orders for short-term contracts today, please pay attention! In the short term, the decline has temporarily stopped! At 15:15-15:30 in the afternoon, a short-term buy signal has appeared at 67231! If you can't buy it, you can't chase it even if you have to waste your hands. You will be cut every time you chase it! It's just a matter of speed! The difference between cutting with a sharp knife and boiling in boiling water!
Look at the time, today is Friday, the last working day of this week! Today's intraday evening trading is more critical. At present, the 15-minute level and the 30-minute level are oscillating in a short range. There will be obvious fluctuations tonight, and the short-term and medium-term trend of the big cake will be gone! Today's intraday evening trading is bullish! The above view remains unchanged. Both long and short positions have been killed. The upper track of the second touch should still be touched. The view is only a personal view and is only for reference. Do not operate blindly!
Good brothers who like short-term trading! Can you grasp it in the evening?
For more good content, please stay tuned! Follow Brother Chen and don’t get lost. Like and comment to increase wealth! #牛市赛道是那条? #以太坊基金会
$BTC Today's market is still as exhausting as it was yesterday and the day before, I believe seasoned players are too scared to take action and are all in cash, right? Is this kind of market only for those brave enough like Lü Bu to dare to make a move? Hahaha, Kuncheng wishes everyone good luck! Make money! Run fast! Keep it up!
$ETH is still weak, on the verge of collapse! In the short term, looking at the overall market, it resembles the big pie, but the big pie does not necessarily follow the US stock market. After the US stock market closes, the big pie will behave unpredictably! Currently, it is in a wide range of fluctuations, and it has even experienced thousands of points of giant fluctuations, but the 15-minute chart is very sluggish, lacking any reference point, and the naked K-line makes it impossible to gauge the market, as it suddenly speeds up, then slows down or just remains still! Those who cannot understand should either experience a small position today or simply stay in cash! Contract traders must not hold their positions! Spot traders, due to the insufficient strength of this trend and the air force, the evening market should still reverse back on an hourly level! If you make short-term profits, run away; if you want to hold long-term, continue the pattern! What you want next month will come!
Big Pie Support at 67350, near 56850 Resistance at 58750, near 59000
$BOME The daily view of Bome has been replied in the comments of the previous post, please check it out if needed! If the US market continues its strong momentum as it did yesterday, there is a probability of reaching 69500-70000 on the V reversal.
I recently went on vacation, had fun, and I'm back to work. The spot bome has recovered quite a bit recently! Really good!
In the short term, I'm bearish on Bitcoin. To break through, it needs to gather enough strength. It will likely trend back down temporarily. The basis for this is that Bitcoin's upward breakout is invalid if it fails to break the upper limit of 69200 on the weekly chart, forming a false breakout pattern, with the daily close below!
Recently, I will study more about $BTC Let me get familiar with the market!
Follow Chen Ge and you won't get lost; like and comment to increase your wealth!
Many comments have become popular, saying that the cryptocurrency world is over. I have been reading all kinds of posts these days. I am so happy that I laughed!
I just want to say that with solid technical strength, strict self-discipline, and self-discipline, you can make money when the market is high, and you can still make money when the market is low. You can still make money when the market is bullish or bearish. In this circle, those who only look for objective reasons, not their own reasons, do not work hard, do not practice, and only dream, will always be the one who kneels down to sing "Conquer".
Recently, I have this little experience, and I will write it down as a record! Last week and the week before, I have been hedging my spot orders, shorting the big cake to recover blood, and I have gained effective strategic gains, and I have made a lot of money for more than half a month. The short-term profit of the contract is very close to the value of all my spot assets. The short-term funds have been turned over 7 times, which is very cool! I am so happy!
Last week $BTC The pin 52510 reversed. On the third day of holding the order, I blew up the new short order I held. That new order was still 100 times. For me, this is a process of learning again, and I will never forget it!
First, I violated the taboo of holding orders. Second, I set a high-multiple order without strict and conservative position management. If you want to eat a fat man, you will die. Third, I did not set a stop loss, or I did not decisively stop the loss when I reached the stop loss point in my mind, but I was lucky. Fourth, I stayed up for two nights and one day in a row, and locked myself in the study for two days. I was exhausted! The big taboo is not clear-headed! I also made it! Once you make a mistake, you make mistakes again and again! Four mistakes lead to loss!
I missed this wealth because I made too many mistakes! Really wrong! I was so happy with short selling before that I was confused. I didn’t set a stop loss, kept holding orders, stayed up late, and fought tiredly!
I was lucky enough to think that the price would go down again, but I got fooled, and it was what I deserved!
After the funds I earned from short selling were blown up, I had to bear the pain and manually lost money. In the end, I only had 18% of the contract funds left, which was a short-term loss of about 82%.
In short, you have to stand up when you get beaten, so I have been resting this week, I am watching, I still hold the spot, but the contract orders have completely stopped. I need to completely clear my brain circuits, face the market again, and respect it!These ten days have been tough, and now it’s time to start over!
High-quality copycat #BOME大金狗 , a product that hardcore players despise, has indeed not risen. Today, the market plummeted, only driving it down to 0.0055, and the current price has recovered to around 0.005732! $BOME Big cake $BTC The rapid decline in the short term oversold rebound, but it is just a rebound, and has not reached the real bottom. In connection with the continuous breakouts in the past two weeks, the continued breakout of big cake has become a destined situation!
Bome will then continue to fall to a deeper bottom. Today, contract parties must remember to hold orders, and spot parties must hold patiently and not be thrown off the bus, because the spot will rise back sooner or later, it is just a matter of time.
Bearish intraday!
Bome tested the previous low of 0.0052, and big cake looked at the support near 55000!
Follow Brother Chen and you won’t get lost, like and comment to increase your wealth!
Don't be so tacky! As the old saying goes, September is golden and October is silver! Actually, it doesn't refer to the cryptocurrency circle, but to every profession and every industry! Generally, the performance data for the whole year can be roughly deduced in September. No matter which country or race, when they roughly grasp their own advantages and disadvantages in September, this will be the time period for them to really start to make up for or set new highs this year! Therefore, the golden period is September, the silver period is October, and finally November and December are to check for deficiencies and wait for the harvest after sowing throughout the year!
Recently, many good brothers can't find me. I report to my good brothers that the whole month of August can be regarded as a real bear month. No matter what spot assets I hold, they have shrunk extremely. Is this the fate of the spot party? No, I shorted some of my chips to $BTC $ETH $SOL at a low multiple, and continued to recover! (5 times), I have always taught you not to be fully invested, not to be fully invested, but to keep a flexible position, this is the use, not just buying spot to lower the average price, the spot party is not right, shorting stablecoins appropriately under the market is still a good choice! Brothers, have you held it? Have you been cut by yourself? I still say that, the high-quality copycat coins #bome潜力无限 that have not gone through the big market, have faith, don't give up or operate randomly! In the end, it is not the market that loses but yourself!
Gold in September, silver in October, these two months, for the currency circle, I am bullish on October, but not on September this month, why? Because there are many uncertain fundamental factors this month, let's take a good look. It's not that the market in September is not good, but that the market in September is too good and too fierce, which is not friendly to newcomers! Just hold the spot honestly! If you can't help it, don't log in! Come back in October! This month will not be one-sided, and my short-selling hedging strategy will officially stop! This month's situation of long and short killing back and forth is destined to be inevitable!
The picture below is attached with my point of view!
Follow Brother Chen to avoid getting lost, like and comment to increase wealth!
Good brothers! Short message! Too late to say more! Just a little reminder for the good brothers with short cycles! Good brothers with long cycles can ignore this!
#BTC☀ Bread will continue to probe tonight, and Bome will also be driven. #BOME大金狗 will stop at around 0.00589!
Attention, attention, attention!
My prediction that it would probe down if it could not stand firm at 0.0073 the night before is being verified!
Follow Brother Chen to avoid getting lost, like and comment to increase wealth, and thank you for voting!
#meme板块关注热点 #山寨币热点 Coin Deep Research, #bome Spot Party, good brothers, Kunchen has been posting for more than three months since April 29, 245 content releases, 1.1 million views, more than 2,400 good brothers' attention, more than 2,400 likes, step by step, bit by bit, all brought by the support of good brothers. I am just starting the rhythm, sharing opinions, and there are differences in opinions, which cannot satisfy the appetite of all good brothers, but Kunchen has been working hard to improve my kol work. I have never had the opportunity to participate in voting activities in the past. This time I finally have the opportunity to participate in the 2024 kol voting activities. Please click on my avatar and enter my homepage!
Please cast your precious vote for me every day. Everyone can vote once a day!
Your support and recognition are the source of my motivation for continuous sharing and free experience exchange!
Please let me feel the love of my loyal fans!
Thank you again, my good brothers!
Follow Brother Chen to avoid getting lost, like and comment to increase your wealth!
Good brothers who hold #BOME大金狗 don't need to worry. $BOME OKX was launched, which was originally a big surprise. It should stimulate a wave of BOME market and even meme market. However, it fell instead of rising yesterday. The reason is that $BTC accelerated downward exploration and broke through 56000 yesterday. Bome fell rapidly and oversold by more than -6%, but Bome is still the third on the hot list on OK. This is a short-term bottoming. Therefore, Bome did not fall as outrageously as Pepe did yesterday, directly falling by -10%, and it remained stable at 0.0068. #山寨币热点 Bome recovered 3% of the increase this morning, and the bullish sentiment will continue in the afternoon. It is not known where this oversold rebound will be pulled back to for the time being, but it is likely to suck blood from the cottage by then. #meme板块关注热点 Be careful with copycats!
#bome已出圈 Not optimistic for the day, but still very optimistic about BOME in the long-term spot market. Now all the major platforms are online, this is the king's posture, don't believe it, just wait and see.
Follow Brother Chen to avoid getting lost, like and comment to increase wealth!