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The most challenging aspect of trading is that you are not only the executor of trades, but you must also be your own supervisor.

In school, we have teachers to supervise us, and in our daily work, there are institutional regulations; everyone keeps an eye on you, telling you what to do.

However, in the world of trading, it is completely free. Whether you learn or not depends on yourself, and self-discipline also relies on you. But because of this overwhelming freedom, many people indulge their human nature and start chasing highs and cutting losses, because it feels thrilling.

At this moment, the differences between people become apparent. Some can remain calm, maintain distance from the market, and not be swayed by market fluctuations, allowing them to think rationally. Such individuals can make money because no matter the environment, they can hold their ground. The market punishes those who are completely unable to control themselves, which is worth pondering.

Some counterfeit products see a slight rise, and many people start to get restless. Today, there isn't anything particularly special in the counterfeit market! I don't know where I heard it, but the counterfeit season is about to begin...! If it starts, how could I not know?

The drop in Bitcoin is quite painful and a bit sluggish, going up and down repeatedly, which is very unfriendly for friends who like to do ultra-short trades. Please take note! #BTC走势分析

Path Dependence is a concept in economics and sociology, akin to inertia in physics; once you develop a certain cognitive inertia, any decision you make may depend on that inertia.

Many individuals who thrive in industry may find themselves losing badly in trading; does that mean they are foolish? Certainly not. Many people develop a cognitive pattern during their previous successful experiences, believing that they can rely on past thought processes to succeed in any industry. However, in new fields, many objective environmental factors may have changed, yet their subjective awareness remains the same, leading to a high probability of failure. This is also why there are numerous cases of individuals who succeed in their first entrepreneurial venture but fail consecutively in subsequent ones.

In fact, whether it's entrepreneurship or trading, it emphasizes the right timing, favorable conditions, and the right people. A combination of one's own diligent research, a bit of luck, and a suitable environment is what leads to success, which is also why most successes cannot be replicated 1:1.

Therefore, we still need to combine our current trading situation, engage in technical learning, and trade gradually, ensuring we remain at the table before we patiently wait for the right opportunity.

December 30 Market View: Pay attention to acceleration after breaking the range, is it up or down?

From the current candlestick structure, a W bottom has formed, which is actually a horizontal oscillation range (as mentioned in the December 27 article). There are opportunities to go long at the bottom of the range; those who can seize it will profit, and whether you can grasp it depends on your own insight (I mentioned in the December 24 article that there was a bullish divergence, which is the reason for reaching this bottom of the range).

Currently, Bitcoin is still oscillating within this range, and the next step is to pay attention to the breakout of this range and the acceleration; how the market chooses will dictate our response, so be prepared to react at any time.

If BTC breaks below the bottom of this oscillation range, with a candlestick quickly falling below around 92,000, it will directly accelerate downwards towards around 90,000. Once this action occurs, it will accelerate down for a while; this is something to pay extra attention to this week.

If there are signs of a bottom, we will discuss it separately. This week is quite critical; today, Monday, is the first day of the weekly chart, and Wednesday is the first day of the monthly chart. These three days are prone to reversals, requiring extra caution.

Today's article content and opinions have been updated, please check it yourself!

Brother Ming reminded us early in the morning that we should be careful about selling at a loss during the day. If you have seen it, you can avoid the pit perfectly!

What is the difference between left-side trading and right-side trading?

Left-side trading and right-side trading are two different buying and selling methods, and the core difference lies in the timing of buying and selling.

Left-side trading is to "buy the bottom and guess the top" in advance before the trend is fully formed.

For example, when the price falls, it is predicted that it will reach the bottom, so buy in advance; or when it rises, it is believed that it has reached the top according to technical standards and sell in advance.

Left-side trading requires predicting the turning point of the market. If the judgment is correct, the return is high. But the risk is also high, and it may be frequently stopped when encountering a large unilateral market.

Right-side trading is to follow the trend after the trend is clear.

For example, the price falls to the bottom and rebounds and breaks through the key position before buying. Right-side trading is equivalent to "seeing it before taking action", which has lower risks, but will miss the opportunity of the lowest or highest point, but the return is relatively stable.

In layman's terms, left-side trading is "buying the bottom" and "escaping the top", which is suitable for experienced investors who can bear high risks.

Right-side trading is "following the trend", which is suitable for stable investors or novices.
Both methods have their own advantages and disadvantages, and the key lies in one's own risk preference and trading style.

I've already said it this morning, be careful of the sell-offs, follow Brother Ming and don't get lost!

12.27 The article content and viewpoints have been updated, please check it yourself!

December 27 Operation Plan End of the Month Combined with Year-End, Pay Attention to Market Change

In previous articles, it has been mentioned that Bitcoin is currently in a sideways oscillation range box, which is between 92000 and 100000. This has also been emphasized several times in recent articles that the biggest pressure around 100000 is for the big coin. After reaching that level yesterday, it experienced a significant decline. A reminder has already been given, whether one can grasp it depends on their own understanding.

BTC has been oscillating sideways in this range for 8 days now, and we need to be cautious of market changes ahead. During the day, we need to pay attention to another potential downward drop. In the future, the bigger direction lies in the breakout of this sideways oscillation box. If it breaks down below 92000, it might drop to the 80 thousand range; if it breaks down, it could actually present a good buying opportunity. Similarly, if it is to break upwards, first, it needs to forcefully break through the upper box boundary. Everyone can gauge this themselves; if it’s hard to grasp, feel free to chat! #BTC🔥🔥🔥🔥🔥 #BTC走势分析

Doing short cycles can't hold big trends; doing long cycles has too large stop-loss and is unbearable.

Wanting the horse to run while also wanting it not to eat grass, it is rare to have a perfect solution in life; every measure has its pros and cons, and the same principle applies to trading.

Short cycles have small stop-loss space, making it easy to control risks, quick to open and close positions, and short holding times; quick and efficient, naturally can't hold big trends.

Doing long cycles can capture big space, but the technical stop-loss space for long cycles is quite large. Once a mistake is made, it results in a significant loss and is very painful.

One method is what we often talk about: look at the big picture and trade small. Identify the trend on a larger scale and find opportunities to enter on a smaller scale. The stop-loss space is small, but after opening a position, you cannot close it based on small cycles; you must aim for the larger profits of the long cycle.

The articles from yesterday and this morning emphasized that 100,000 is currently the biggest pressure point. Without an increase in volume, it won't last. This drop was quite severe!

Today's article content has been updated, please check it yourself!

December 26 Operation Plan Today there will be fluctuations, pay attention to the evening's needle

Bitcoin is still in the rebound process, having rebounded for two consecutive days, but the volume and strength are weak. Yesterday's article already mentioned that the maximum pressure zone is around 100,000.

If the bulls want to break upwards, they need to increase volume significantly. If there is no increase in volume, the rise will not be sustained. Let's pay attention to how the volume behaves during the rise tonight.

Yesterday, the major fluctuations were seen in altcoins; once institutions take a break, the retail market becomes very obvious. Many altcoins still carry significant risks, like UXLINK which performed a 'Heaven and Earth Needle' yesterday, posing considerable risk. Caution is needed when participating in such coins; one day you can feel the exhilaration of being on top of the world, and the next day you can feel the pain of being in hell.

Trading is really simple,
You just need to patiently wait,
Wait for your own standard signals.
Keep your mind simple,
Only then will trading be simple.
In the end, trading is about,
Completely giving up the ability to predict the market.
No analysis,
No predictions,
Do not casually listen to any news.
Only standards and rules are needed.

Today the US stock market is closed.

Last night, the US stock market surged, and Bitcoin rebounded accordingly, but today the US stock market is not open, so Bitcoin is expected to fluctuate and consolidate.

Ethereum's trend is similar to that of Bitcoin; overall, both Bitcoin and Ethereum are still below the trend line they previously broke, so we cannot be too optimistic.

Looking at the weekly chart, there are still risks!