😂 The slap in the face came too quickly, catching me off guard. Just yesterday I said the support might hold, and immediately it broke through. However, it is still uncertain whether it is a real breakdown.
1. Currently, there is a floating loss of 12%, and it hasn't reached the stop-loss line yet. Moreover, the strength of the breakdown doesn't seem very significant, and the trading volume is low. Let's continue to observe; there isn't much space below, and there aren't many people shorting. It could be a trap for shorts, followed by a rise. 😂
2. Continue to observe and be ready to stop loss at any time. Once it's confirmed as a real breakdown, we will immediately stop loss.
苏星辰
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Bullish
Analysis of WIF on January 20, 2025
It has been 7 days since the last post. Although I have not posted in these 7 days, I have been observing WIF. Since the last post (on the 13th), the price of WIF has experienced a trend of falling, rebounding, and then re-exploring.
1. On January 13, I posted in the morning that WIF rebounded very weakly and would fall again. Sure enough, it fell to the last support level of the monthly level in the afternoon of the same day. I originally planned to buy the bottom near 1.3U, but it was still a little short.
2. After WIF fell to the monthly support level, it rebounded strongly to 1.98U, and then began to fall again.
3. Two hours before I posted, WIF touched the bottom line and began to rebound. From the current situation, this support level is likely to be effective, but it is too early to say now. We need to wait for a while. If you are brave, you can buy part of it first. I bought 30% of the position, with an average price of 1.52U. I will buy it after the market comes out.
4. I regard the current market as another box, the bottom of the box is 1.35U, the top is 1.98U. If the market falls below the box again, I will stop loss and stop profit to be determined.
It has been 7 days since the last post. Although I have not posted in these 7 days, I have been observing WIF. Since the last post (on the 13th), the price of WIF has experienced a trend of falling, rebounding, and then re-exploring.
1. On January 13, I posted in the morning that WIF rebounded very weakly and would fall again. Sure enough, it fell to the last support level of the monthly level in the afternoon of the same day. I originally planned to buy the bottom near 1.3U, but it was still a little short.
2. After WIF fell to the monthly support level, it rebounded strongly to 1.98U, and then began to fall again.
3. Two hours before I posted, WIF touched the bottom line and began to rebound. From the current situation, this support level is likely to be effective, but it is too early to say now. We need to wait for a while. If you are brave, you can buy part of it first. I bought 30% of the position, with an average price of 1.52U. I will buy it after the market comes out.
4. I regard the current market as another box, the bottom of the box is 1.35U, the top is 1.98U. If the market falls below the box again, I will stop loss and stop profit to be determined.
$WIF
苏星辰
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Bearish
Analysis of WIF on January 13, 2025
1. There is nothing much to say about the recent market. The current trend is still weak, and it is very weak. There should be another drop. I will continue to maintain a bearish stance, but I will not short. I plan to enter the market in batches to buy the bottom when the WIF price falls to around 1.3U, or wait for the market trend to stabilize before entering the market. $WIF
2. The rising trend of the bull market is always a step back. Don't be anxious, don't worry about missing out. The market is not short of opportunities.
3. The most important thing in trading is to control risks and protect the principal, and profit is second.
1. There is nothing much to say about the recent market. The current trend is still weak, and it is very weak. There should be another drop. I will continue to maintain a bearish stance, but I will not short. I plan to enter the market in batches to buy the bottom when the WIF price falls to around 1.3U, or wait for the market trend to stabilize before entering the market. $WIF
2. The rising trend of the bull market is always a step back. Don't be anxious, don't worry about missing out. The market is not short of opportunities.
3. The most important thing in trading is to control risks and protect the principal, and profit is second.
苏星辰
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Bearish
WIF Analysis on January 10, 2025
1. The current WIF price has fallen below the box structure and there is no sign of rebound. According to the plan, I have sold at a stop loss near $1.54, with a loss of about 11.5%.
2. The next plan is to continue to observe market trends. It is expected that the WIF price may further drop to around $1.36. Although I am bearish on the market, I will not short and wait for the opportunity to enter the market and go long. $WIF
1. The current WIF price has fallen below the box structure and there is no sign of rebound. According to the plan, I have sold at a stop loss near $1.54, with a loss of about 11.5%.
2. The next plan is to continue to observe market trends. It is expected that the WIF price may further drop to around $1.36. Although I am bearish on the market, I will not short and wait for the opportunity to enter the market and go long. $WIF
苏星辰
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WIF analysis on January 9, 2025
1. Although the current WIF price has fallen below the box, the extent of the fall is not large. I will continue to observe. I also bought 26,000 WIFs as planned, with an average price of US$1.74, and I am currently in a floating loss state.
2. In the next 18 hours, if the price cannot return to the box, I will stop loss and exit.
3. The space below is limited. Even if I stop loss and exit, I will not open a short order, but find another opportunity to open a long order. $WIF
1. Although the current WIF price has fallen below the box, the extent of the fall is not large. I will continue to observe. I also bought 26,000 WIFs as planned, with an average price of US$1.74, and I am currently in a floating loss state.
2. In the next 18 hours, if the price cannot return to the box, I will stop loss and exit.
3. The space below is limited. Even if I stop loss and exit, I will not open a short order, but find another opportunity to open a long order. $WIF
苏星辰
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Bullish
January 7, 2025 WIF Analysis
I. Let’s first discuss the current situation and future predictions:
1. WIF is currently fluctuating within the range of 1.72u-2.25u. I maintain my viewpoint from yesterday; following the previous surge and subsequent drop (from December 13 to December 20), it is evident that the market makers have pulled up the price and then exited. The current low-level fluctuations suggest that market makers are accumulating positions, and once the accumulation is sufficient, they will continue to push the price up.
2. Prediction One: The WIF price will begin to rise from any price position within the range, directly breaking through the range.
3. Prediction Two: The WIF price will continue to drop to the bottom of the range, confirm for the third time, and then start to rise.
4. Prediction Three: The WIF price will falsely break below 1.7u, initially causing panic selling and triggering a long squeeze, and then it will recover.
5. Prediction Four: The WIF price will genuinely break below 1.7u without any rebound; I believe the likelihood of this is very low.
II. Based on the four predictions above, I am considering taking long positions. The risk-reward ratio for the first prediction is not favorable, so based on the second and third predictions, I am considering entering long in batches between 1.7u-1.8u at the bottom of the range.
1. If the daily closing price is below 1.7u, I will stop loss.
2. Profit taking can be placed at the top of the range around 2.16u with staggered profit-taking.
I. Let’s first discuss the current situation and future predictions:
1. WIF is currently fluctuating within the range of 1.72u-2.25u. I maintain my viewpoint from yesterday; following the previous surge and subsequent drop (from December 13 to December 20), it is evident that the market makers have pulled up the price and then exited. The current low-level fluctuations suggest that market makers are accumulating positions, and once the accumulation is sufficient, they will continue to push the price up.
2. Prediction One: The WIF price will begin to rise from any price position within the range, directly breaking through the range.
3. Prediction Two: The WIF price will continue to drop to the bottom of the range, confirm for the third time, and then start to rise.
4. Prediction Three: The WIF price will falsely break below 1.7u, initially causing panic selling and triggering a long squeeze, and then it will recover.
5. Prediction Four: The WIF price will genuinely break below 1.7u without any rebound; I believe the likelihood of this is very low.
II. Based on the four predictions above, I am considering taking long positions. The risk-reward ratio for the first prediction is not favorable, so based on the second and third predictions, I am considering entering long in batches between 1.7u-1.8u at the bottom of the range.
1. If the daily closing price is below 1.7u, I will stop loss.
2. Profit taking can be placed at the top of the range around 2.16u with staggered profit-taking.
苏星辰
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Bullish
WIF Analysis
Currently, WIF is in a box oscillation. If it can break through and stabilize at 2.6 dollars, it will pull towards the 3 dollar area, which is a dense chip zone, in a short time.
However, if it falls below 1.7 dollars without a strong rebound, the price will drop to around 1.4, which is a strong support level. $WIF
Currently, WIF is in a box oscillation. If it can break through and stabilize at 2.6 dollars, it will pull towards the 3 dollar area, which is a dense chip zone, in a short time.
However, if it falls below 1.7 dollars without a strong rebound, the price will drop to around 1.4, which is a strong support level. $WIF
I like to use breakeven. If the order starts to make a profit, the first thing I have to do is to move the stop loss. I will never allow the order with a profit to be sold until it reaches a loss. However, many people will not do this because they are lucky. Remember, you can not make a profit, but you cannot sell the order with a profit until it reaches a loss. If you sell at breakeven, we will reduce one loss. Reducing one loss means that there is one more chance to make a profit order for every ten trades. The currency circle is always a high-risk market, so many people do not have awe. In this market, you can never hold a high position. You can succeed ten times, but you have to start all over again if you fail once. $BTC
I understand very well that most people are actually very anxious and worried. If they make one wrong step, they will make all the wrong steps. The so-called unity of knowledge and action, knowledge is the beginning of action, and action is the completion of knowledge. The principle is simple, but there is a big difference between knowing and doing. Why is trading so difficult? Because of your character. Unless you are perfect, you will keep making mistakes. I thought about it for a long time before I understood a truth. My opponent is not the market, but myself. Whether you can control yourself and control yourself is very important. If you can't control yourself, then you will be casual and willful, and then you are doomed to fail. No matter how many techniques you learn, it will be useless. Therefore, try to understand yourself, your character, your strengths, your weaknesses, think more about yourself and talk to yourself. Only when you really understand yourself and control yourself can you "do it." $BTC $ETH $SOL
Tonight, tomorrow night and the night after tomorrow, market prices will fluctuate greatly due to the influence of US economic data. Please be prepared.
There are still many novices in this market. I sincerely suggest that novices should not touch leverage or contracts. Just buy spot and hold it, and do not do swing trading. Sell at the end of the bull market. However, novices only know how to buy but not sell. They are afraid of selling too fast and too late. At this point, many people will ask, when is the end of the bull market? According to the previous market conditions, the state of the end of the bull market is the crazy bull market. Bitcoin soars 5-20% points every day. Even if it falls 10 points today, it will rise 12 points the next day. It breaks new highs every day. The weekly and monthly lines are all soaring, and then suddenly it stops moving sideways. The altcoins start to soar again, and the rise is more fierce than BTC. In this case, everyone can find an opportunity to run away. After the crazy bull market, it will plummet.
There are still many novices in this market. I sincerely suggest that novices should not touch leverage or contracts. Just buy spot and hold it, and do not do swing trading. Sell at the end of the bull market. However, novices only know how to buy but not sell. They are afraid of selling too fast and too late. At this point, many people will ask, when is the end of the bull market? According to the previous market conditions, the state of the end of the bull market is the crazy bull market. Bitcoin soars 5-20% points every day. Even if it falls 10 points today, it will rise 12 points the next day. It breaks new highs every day. The weekly and monthly lines are all soaring, and then suddenly it stops moving sideways. The altcoins start to soar again, and the rise is more fierce than BTC. In this case, everyone can find an opportunity to run away. After the crazy bull market, it will plummet.