As an old leek who entered the cryptocurrency circle in 2017, I have indeed experienced many ups and downs. After several rounds of bull and bear baptism, I have witnessed the madness and turbulence of the cryptocurrency circle. It is undoubtedly a remarkable achievement to have reached the asset height of A8, but the two pins on March 12 and May 19 in 2021 caused my assets to shrink by 80% like a storm, which is undoubtedly a heavy blow.

However, the setbacks did not defeat me. After experiencing these profound lessons, I chose to move forward steadily, and while staying alive, I won step by step and took steady steps. Years of hard work have allowed me to accumulate solid professional knowledge and rich industry experience. I am good at in-depth analysis of market dynamics and can accurately grasp the trend. With a rigorous attitude and keen insight, I provide valuable analysis and suggestions for myself and others.

In the cryptocurrency circle full of uncertainty, persistence and growth are admirable. My story also reminds latecomers that investment should be cautious, not only luck, but also strength and wisdom to deal with various risks.
I will make a comeback on September 23, 2024! I will continue the challenge with a capital of 130,000 dollars! The goal is 20 times. Focus on spot goods! This post is a proof. If there is any falsehood, I will not be a human being. Supervision is welcome! #BTC☀ #ETH🔥🔥🔥🔥 #BNB

I saw many KOLs talking about ZEN LPT. Why don’t I buy some for fun? Maybe it will go up. After all, the promotion page shows that the team is working hard, right? $ZEN $LPT

Successful pump, it's estimated that it will pull back to around 96500, but I won't sell or short here. First, the profit margin is relatively small, not worth much; second, it's easy to sell at a loss. Of course, if I have to sell, I can, but I need to buy it back at a low price before nightfall. Last night's market indicates that foreign investors have started to buy in, and the next probability is stable. $BTC

It cannot be said that the counterfeit season has arrived yet, because I mentioned before that we should maintain a cautious attitude until the end of December, as market funds are still tight. I have brought this up several times, and besides, we still need to observe whether the ETF fund movements from yesterday can be sustained.

The price of eth/btc has started to rise, and yesterday the ETF saw inflows into eth and outflows from btc, indicating that funds are beginning to speculate on altcoins. Currently, altcoins are at a relatively low position after this decline, which presents an opportunity for positioning. If the main coin has dropped by 10%, some altcoins can drop by 50%. If you're looking to buy the dip, my suggestion is to go for spot altcoins rather than using 5x leverage on btc.

Last night's rebound was good. Foreigners took advantage of the time when Chinese people were sleeping to push the market, which raises suspicions of stockpiling. Of course, we still can't be too complacent; we shouldn't underestimate the market until December is over. Bitcoin's 4-hour BOLL hasn't risen above the middle track yet. Although Ethereum has stood above the BOLL middle track, whether it can stabilize still needs observation. Therefore, the next market movement is very critical; it can be seen as a process of market sentiment repair. If the repair goes well, the end of the month or the first of next month will be a good opportunity to increase positions.

The price of large pancakes on the night market is slowly declining, but the extent is relatively small. It can be seen that foreign investors are not trading much on Sunday, while East Asian investors are relatively more active. Currently, on Monday during the day, it is still in a downward trend. What needs to be noted is that there is still pressure in the market before Christmas, and it will not be easy to alleviate this until the end of this month. Therefore, this period is for conservative investment; just avoid making any bold moves.

Sunday's market is rather ordinary, with not much to say. However, I still want to remind you that there is a risk of a second bottom test next Monday, so I do not recommend opening new leverage positions here. Those who already have leverage may consider reducing it or adding sufficient margin to ensure that they won't get liquidated even if the coin price drops by 20%. Trump's inauguration in January is seen as a clear positive signal, and we are currently in the most difficult period, so caution is still necessary.

I stared at the market for a while, and my intuitive feeling is that Ethereum is currently completely following the trend of Bitcoin, with no independent judgment. It reacts immediately to even the slightest disturbances, which is a typical characteristic of robotic trading. If it were manual trading, there would be some delay. If the delay is very small, then it is basically unattainable for manual trading. This means that during the weekend market trends, most mainstream altcoins are being manipulated by bots, and only Bitcoin is at the core of the competition $BTC $ETH

The market is about to explode with long positions again, the long-short ratio has returned to 1.0, funding rates have all turned positive, nearly 200 million exploded overnight, most of it is long, there's too much long positioning in the market, no wonder the shorts are about to explode, if Sunday doesn't go well, Monday will be dangerous.

Last night, I felt that the market trend was good, and there was no sign of deterioration, so I focused on increasing my position and added over 20,000 USDT in one go. Since my Gate account had insufficient margin for borrowing before, I had to reallocate some funds to increase the margin. Therefore, this time the position increase was done in the OK account. Of course, the market was also relatively strong, and it rose a bit overnight. I mainly increased my positions in BTC and ETH, primarily to manage risk. Although the profit this time is not much, it can be considered a relatively good operation. I will partially sell when ETH rises to 3600 to restore the previous leverage ratio $BTC $ETH .

The market was good tonight, and there were signs of a rebound at around 9pm. I borrowed to increase my position, and at the same time transferred the BNB from Binance Exchange to Gateio to make up for the margin of the previous borrowing. When the US stock market opened at 10:30, although it was a bit bad, the mood did not change, so I continued to increase my position. Later, the market continued to rise, and I took the opportunity to sell some small cottages and buy BTC and ETH. Because the risk of the borrowed position was a bit high before, I couldn’t withdraw the margin. Now it’s a good opportunity to change the position. I plan to wait until BTC is 98,000 and then sell the excess position to make up for it, which is considered to be a return of some capital. I won’t move for the time being. Recently, I still focus on reducing risks$BTC $ETH $BNB

In the past few days, the liquidation of the exchange was 200 million, 500 million, 800 million and 400 million from today to now. That is to say, the total liquidation in the market in the past few days was 1.9 billion. It is estimated that it will break through the 2 billion US dollar mark tonight. This wave of decline is too exciting.

I continued to reduce leverage and increase margin in the morning. Now I am free. I didn’t sleep well last night. I felt a little panicked at 10 o’clock in the evening, so I started to reduce leverage and increase margin. Sure enough, it fell like a waterfall near 4 o’clock, which was when the U.S. stock market opened and closed. Of course, due to the previous leverage reduction strategy, it doesn’t matter if it falls by another 10%. It fell by about 10% today, so I was busy in the morning. Now I just saw that the market’s liquidation data has decreased, which means that now the shorts can’t blow up many long orders even if they smash the market. According to past experience, this is almost the bottom at this time, but don’t be too happy, because there may be a spike in the market. Of course, the U.S. stock market will open tonight. The key point is to look at the market performance. Only when the US market officially rebounds, it will declare that this decline is basically over. Otherwise, it may continue to make trouble. I felt bad last night because of this reason. After the opening of the US stock market, every decent rebound of the big cake showed that the decline was not over yet. Of course, the main players may rest over the weekend, and the downward pressure may be smaller. Next Wednesday is Christmas, and we also need to pay attention to some risks. In short, those with leverage should reduce leverage, and those who can reduce positions should reduce positions first. As long as there is principal, it will be easy to get the principal back when the market rises later, so don't be reluctant. Of course, if you want to short, that's also possible, but now shorting can only be short-term, so don't hold it for too long.

The Trump family's cryptocurrency project bought ETH at the bottom this morning. I really envy those with unlimited bullets. Now is definitely a good time to buy at the bottom for a long hold, but first you have to get through this period of daily declines. Therefore, everyone has their own exclusive operation strategy that suits them, based on their different conditions. Don't forcibly borrow others' strategies to avoid unexpected situations $BTC $ETH

It feels like I have adjusted quite a bit, and I have bottomed out with 2000u of ETH