The four-hour three-bottom pattern on the market may or may not hold. The market is quite cold, and it is highly likely that the fluctuations have not yet ended. Don't rush into altcoins; if you have a position, that's enough. You can wait for Bitcoin to break through before entering altcoins; that would be safer. Right now, you can still do some high selling and low buying for short-term trades, but make sure to set stop-losses. Making money in the crypto space is getting increasingly difficult. Think back to the halving in 2020; many coins multiplied by 10 or 20 in 2021. Bitcoin and ETH both increased by 20 times, but this year ETH hasn't even doubled. Apart from those heavily invested in Bitcoin, choosing other assets, especially altcoins, has resulted in significant drawdowns without making tens of points in profit. This is the reality for most traders. So, making money is no longer that simple. It's not the case that all coins will rally in a bull market. There are so many coins now, and some project teams don't even want to deal with certain assets anymore. Therefore, altcoins come with too much uncertainty! Proceed with caution and cherish what you have! #BTC#PNUT#加密市场调整
Weekend Volatile Market Let's share some trading insights
Trading must understand these five points Heavy positions will lead to death No stop-loss will lead to death. Greed will lead to death. Blind entry will lead to death. Frequent trading will lead to death. People do not learn from experience. It is only after going through multiple times that one understands. Every time, it is because of these reasons that there are significant losses. You need to suppress some emotions or feel pain to the bone before you can truly become a qualified trader. #BTC#ETH
Here, at the four-hour level, there is a pullback forming a triple bottom. The position has reached, so buy on the way up in batches and sell in batches. Manage your positions well and determine the time cycle; buy when needed and sell when needed. I won't blindly instill faith in everyone, but if you want to earn more in the crypto space, you need to have a strategy!!
Talking about BOME, which was recommended before, it rebounded by 20 points later, with expectations to break the previous high by 50 points, but the expectation was not met, and it fell along with Bitcoin. In fact, BOME also represents the operational strategies of most altcoins. When the market rises broadly, it rises with the market, but not by much. It could be that the asset is too heavy or the market makers have not sufficiently washed out before they did not push the price up. When the market pulls back and dips, they will drop like they are taking laxatives. Therefore, one should either buy with a good stop-loss set or sell short-term when necessary. It has been too difficult to make money with altcoins this year, so one must be cautious about it. Every trade must come with a response strategy, and one must also understand what kind of market situation they are currently in!#BTC#加密市场盘整
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The daily candlestick for the pancake shows a bullish candle with a lower shadow, indicating that there is buying pressure and a signal to stop the decline 📶. The daily chart still has a top divergence structure, so the market will first oscillate from the hourly level to the daily level to repair the indicators. The indicators are just references; I actually prefer to look at naked candlesticks. If today the hourly level retraces without breaking the previous low, one can select good targets to enter in batches, or if you have other targets, you can add to your positions. Set a stop-loss point below the previous low, as a precaution, especially for those adding positions today! #BTC#ETH
ETH is really disgusting. It takes months to rise. It takes only three days to fall. I guess people who hold ETH like me won’t be happy during the Chinese New Year.
12.20 Market Analysis: Many people make money in the bull market Money is lost during the correction If the daily line is one-sided and there is no stop-loss signal📶 Don’t rush to buy the bottom at the hourly level Even if it goes up here, it will fall back, and there is still a chance to get on the train, but sometimes it is easy to get stuck halfway when picking up goods during the correction. The contract is well stopped and the risk on the left is high. How to judge whether BTC has a stop-loss signal? The first is at the daily level. The closing price does not break the new low, and the hourly basic divergence rebounds and falls back to the low point without breaking. It is best to watch more and do less in this market! Especially for cottage #BTC#ETH
Reminder No. 12.5: The Altcoins Should Come Out First Some altcoins have completely switched to BNB It's a slight risk aversion❌❌ From the last round's experience, when Bitcoin rises, altcoins don't rise as much; when Bitcoin falls, altcoins fall even more. So now, being cautious with altcoins is really important. Bitcoin is nearly 110,000 USD, while some altcoins have multiplied in value, some have increased by tens of points, and some by only 20 points. Therefore, those that generally don't have fifty points expect higher returns. However, my strategy is that if profits haven't reached the expected level, I won't sell. Once it reaches the capital, I will exit. Preserving capital is always the priority! #BTC#ETH
Bitcoin remains strong as always. Here, it will consolidate a bit and probably reach new highs. Altcoins have also seen a decent pullback in the last four hours. The spot positions that were reduced earlier can be gradually rebuilt. However, as long as Bitcoin does not break the previous high, it will be a volatile market. If Bitcoin breaks the previous high, altcoins will likely see a new round of increases. There is too much uncertainty in contracts; a strategy is necessary. For inexperienced newcomers, it's better to focus on spot trading. There aren't many strategies to execute without a market trend, so avoid frequent trading. When it's time to act, act boldly; when it's time to rest, learn to rest; when it's time to wait, learn to wait! #BTC#ETH
The concubine is about to break the previous high's rhythm ETH is still strong, and this wave is expected to break the previous high The four-hour chart may still need some consolidation The overall sector is performing very strongly ETH sector: ENS SSV OP LDO ETHFI STRK ARB #ETH
Yesterday I told everyone to get in Bull market injections are just giving away money Today there is a full rebound Only by going against the trend can you outperform others' accounts #BTC#ETH rise
When coins drop, let's focus on coin valuation The market is likely to fluctuate and then rise There will be a pullback here as well Hold on to your spot, family!
What does the altcoin drop have to do with the Bitcoin? 😂 The altcoin has already dropped to the starting point while Bitcoin is just sipping some water, so the uncertainty of altcoins makes them very difficult to trade. If you have no faith in altcoins, a price surge can bring several times the opportunity, but if you have faith, some haven't risen much and then drop back to the original point. People in a bull market are making money happily, and you might find yourself back to square one overnight. My approach to altcoins is daily trading; when it reaches a certain position, I sell in batches while keeping some base holdings. Then, I can use profits to speculate, and I can hold those profits for a year or two. 😁 Next, there won't be a big surge or a big drop; there will be fluctuations for at least half a month. Keep your spot positions unchanged, and for those with small funds, play around with contracts! 🈶 Buy in batches when there’s a position, use spikes to get cheaper chips, and after buying, just hold on a bit! #BTC#ETH
Bitcoin has reached another milestone. Over the years, how many tears of bitterness have been silently digested, perhaps only those in this circle can understand. Maybe it will go higher and further, but the long road ahead is still daunting. We have witnessed the best times of Bitcoin, and now, as Bitcoin individuals reach middle age, the pace of progress will be very slow. The industry is still developing, but the dividends are becoming fewer. If you love this industry, hold onto Bitcoin; its long-term appreciation rate will still outpace the depreciation of fiat currency. If you have better industries, you can also embrace newer fields, such as AI and so on. In short, the best times have been embraced by us, and time will continue to prove that Bitcoin, which we have believed in over the years, will continue to create new beginnings for us! #BTC
ETH and ETHZ sectors are steadily rising ✅ Those who analyze pressure and recommend reducing positions are blacklisted In a bull market, all technical indicators are meant to make you sell too early #BTC#ETH#ETH sector