$BTC
Why is BTC fluctuating around 90,000? Will it go up to 100,000, and when?
Recently, we have seen BTC stay above 90,000 for almost seven days, with the price oscillating between 88,000 and 93,000. Why around 90,000? Since November 6, when Trump was elected, Bitcoin has been on a continuous rise, with almost no significant adjustments. From this point, it has increased by about 35 points. What does 35 points mean? Currently, Bitcoin's market value is approximately 1.8 trillion, which is now comparable to the total market value of silver. This increase of more than 30 points accounts for about 26% of the current total volume (if you can't calculate, feel free to leave a message), meaning that based solely on BTC, 0.46 trillion in wealth has been created out of thin air. The scale of BTC is no longer what it used to be, and this surge has brought in a large number of profit-takers. The 100,000 price point for BTC is a strong psychological barrier (strong psychological resistance level), so it is normal for a large number of profit-takers to take profits around 90,000. To break through the strong psychological resistance level of 100,000, some accumulation of power is needed to have enough strength to push upwards. In summary, the adjustment around 90,000 is an inevitable result of the game between both sides! How will it move next? In my humble opinion, BTC will oscillate upwards. During this period, players who have leveraged might find it quite uncomfortable. If you have leverage, you can reduce it (of course, holding low-position orders is not a problem), waiting for better points and opportunities.
Is 93,500 a resistance level? If it breaks through, will it go up in one go? I don't think so; it's not that it won't go up, but after going up, it might not move as smoothly as before and could experience significant fluctuations.
If BTC strongly breaks through the 100,000 barrier, due to market inertia, we might see a major correction around 120,000 to 140,000! After the correction, it may welcome the spring of altcoins. #市场围绕90K
Finally, I wish all viewers that what they bought in the bull market rises, and freedom for next year!

Five-minute short-term trading, how to think about it, whether you are trading contracts or spot, trading must be about subtraction. There are experts in short-term trading, but they are definitely not at the five-minute level. Five minutes is just for high-frequency trading, which is no different from eating customer losses!?

The mind is greater than skill, capital is greater than profit, and gamblers can hardly thrive on their own.

Contracts leverage not only amplifies the capital involved but also magnifies the greed and fear (as well as the gambling nature) of the person trading the contract in direct proportion to the leverage. This is why we might observe that even individuals with strong analytical abilities can end up losing significantly when they trade contracts on their own. It's also why many friends feel very capable when analyzing, but when it comes to actual trading, they want to run away at the slightest profit and panic at the slightest loss, or they become reluctant to exit after making a profit, believing their judgment is correct and continue to hold, only to suffer losses when the price reverses. These are two prominent phenomena where leverage amplifies inner greed.
So, can we avoid emotional greed and fear when trading contracts? It's not impossible to say, but it's certainly difficult. One must ensure certainty and consistency. Certainty means that the direction you are trading in must be definite; for instance, if the current market is bullish, that's indisputable. We can disregard the foolish comments of those who still shout to short the market every day. Consistency refers to your trading habits or strategies needing to be consistent; your leverage ratio, controlled positions, take profit and stop loss strategies, etc., should all be executed consistently each time.
To conquer the first barrier of the market, one must conquer oneself!

1. Stop loss constantly because the market volatility exceeds your expectations, or you have not overdue the market volatility when opening the order, and once the volatility occurs, you start to get restless and fearful!

2. Always get stuck, mostly because of high leverage, ignoring the volatility of the market, always thinking that it will not reach you, and get stuck

3. The direction is wrong. The first two may be operational problems. If the direction is wrong, you lack analytical ability

In fact, it is not terrible to do contracts without analysis. Analysis can be learned. The terrible thing is the first two. There is a certain analytical ability but can't control your emotions and operations! There is also a kind of skilled and daring people who like to do rolling warehouses and get stuck, and they are also people with strong analytical ability

The so-called beating to death those who can box and drowning those who can swim, the dead are friends with certain analytical ability! The most terrible thing is that this kind of friends will always have an illusion that they can beat this market, so they fight again and again, and they fail again and again!

What are the reasons for the contract losses brothers!

1.     No stop loss, the principal is consumed?

2.     Always stuck by the pin? ?

3.     The direction is wrong and it is exploded? ? ?

Are there other reasons?

Let me ask you a question: when you are extremely optimistic about a coin, will you go all in?