Can't control your hands, and over-leveraging will become a habit!
Many people like to see others making money and want to make money themselves. I personally suggest treating it as a small investment and not getting too caught up in it.

1: Don't overly trust your intuition; instead of listening to what others say, pay attention to what is happening in the market.

2: Basic knowledge is still necessary, such as what a standard lot is, what spreads are, what commissions are, and understanding indicators like MACD, KDJ, moving averages, Fibonacci retracement, etc.

3: Maintain a good mindset; making a profit is normal. (Note: You also need to understand some basic forex knowledge.)

4: Communicate more with experienced investors, learn their trading methods, trading skills, and trading insights.

5: Lastly, of course, learn more about gold investment knowledge, enrich yourself, and summarize daily. As the saying goes, practice is the only criterion for testing truth; only through a lot of real trading can one truly consider themselves a beginner in forex trading.

Today the US stock market is closed,
This means that the cryptocurrency market is likely to remain relatively stable, without significant fluctuations.
Therefore, the intraday trading strategy does not need to overemphasize macro-level layouts, and should focus on short-term trading.

From the daily chart's trend, the market's short-term trend still appears weak, continuously declining amidst fluctuations. Even with slight rebounds, this downward pattern has not changed due to these brief recoveries.

Similarly, the rebound trend in the 4-hour chart could not be sustained, facing pressure upon reaching the upper boundary area and falling back again.

In the overall bearish structure, rebounds are difficult to last, indicating that the market is very likely to continue declining.

Bitcoin rebound: Short near 94300 - 94800, target towards 92000

Ethereum rebound: Short near 3350 - 3380, target towards 3300 - 3270.

Once you understand the tricks of trading cryptocurrencies, it feels like life is on a fast track! In the crypto world, true experts are not defined by dazzling techniques, but by their strict adherence to unbreakable market rules.

1. When the price is rising, don't try to guess the top; when it is falling, don't try to estimate the bottom. Some people don't believe Bitcoin can soar to $150,000 because the crazy momentum of a bull market has not yet arrived. Take $68,000 as an example; you think it looks like the bottom, and then it suddenly drops to $62,000, and before you know it, it's at $56,000.

1. When buying and selling, it's best to change by just one percent at a time. Why do you find it difficult when you have less capital? Experts increase their investments little by little; the cost of trial and error is low, and opportunities naturally multiply.
2. Don't be afraid of high prices; fear makes it hard to make money. Think about it: when the main force pushes up a coin, the cost is not a small number. Advertising, chips, development—each one requires a huge investment. They need to make several times, even dozens of times, their investment to be satisfied.
3. In a bull market, that's where the turnaround lies. Even Buffett has to admit defeat when facing a bear market, which is why he sticks to US stocks and stays put in Omaha.
4. Technical indicators are just for reference; don't take them too seriously. They are always a step behind, only saying prices are good after they have already risen significantly. By then, are you still chasing? Just like MACD, as soon as the golden cross appears, it changes the next day.
5. Believe that you can make a profit; this is essential. Which big player hasn't risen from losses? But they have never been completely knocked down. If you don't even believe that you can make money, how can that money ever come into your pocket?

Yesterday, the Bitcoin market as a whole showed a narrow range of fluctuations. The US Bitcoin market was hammered, dropping to a low of 91530.

From the current market perspective, it faced pressure when rising to around 95000 in the early morning. The Bollinger Bands indicate a downward trend, with a contraction above the zero line, and the MACD shows a weakening volume below the zero line, with the fast and slow lines potentially diverging again. Currently in a correction phase, the pullback presents an opportunity for us to buy.

Bitcoin: Buy near 91300 - 91800, looking up at 95000.
Altcoin: Buy near 3300 - 3330, looking up at 3450.

Hong Kong Legislative Council Member Wu Jiezhuang: Bitcoin can be incorporated into Hong Kong's foreign exchange fund assets through pilot schemes
Hong Kong Legislative Council Member and Chairman of the Web3 Virtual Asset Development Committee Wu Jiezhuang stated in an interview that Hong Kong needs to study how to maintain national financial security amidst the disruption caused by Bitcoin in the U.S. and its impact on traditional asset markets.
He suggested that Hong Kong should leverage the advantages of 'One Country, Two Systems' and pilot the incorporation of Bitcoin into foreign exchange fund assets, and explore ways to activate the Bitcoin held by the nation. Regarding whether holding Bitcoin would help the SAR government combat fiscal deficits, Wu Jiezhuang believes that while the government can use Bitcoin as a tool for asset appreciation, significant holdings would be required to see a noticeable effect. Currently, the government's fiscal deficit has surpassed one hundred billion, so holding only a small amount would not help much in reducing the deficit, as the value-preserving function of holding Bitcoin would outweigh its appreciation potential.

A short-term 700 points is also a good choice, brothers.

A new week begins, and it is the last two days of the month, with the year-end approaching. Wishing friends continuous good luck! Bitcoin experienced a weekend of consolidation and then declined again, reaching a low of around 93000, consistent with our weekend high short strategy. Currently, the price is operating in the 936000 range. If the bottom support is not broken, there is hope for a rebound in the future.

From the daily chart, the current trend shows weak downward movement. After a large bearish candle retracement, it has fallen again after a tug-of-war. However, the downward pressure is not strong, and there are lower shadows, indicating a potential rebound risk in the future.

On the 4-hour chart, after continuous bearish candles, it touched the lower band and rebounded. Attention should be focused on the support situation at 93000. If the support holds, one can go long; if the support is broken, one should go short in the direction of the trend.

Trading suggestions
Bitcoin pullback: Go long in the 93300 - 92800 range, targeting around 94300 - 95200.
Ethereum pullback: Go long in the 3350 - 3340 range, targeting around 3420 - 3460.

Did you feel the tremors this weekend, guys! If you found my post, you hit the jackpot!

The following is an overview of key events influencing the cryptocurrency market in January 2025:

Economic Data Release

On January 10, the employment data for December of the previous year will be released. This data is one of the important indicators reflecting the health of the U.S. economy and has significant implications for market expectations regarding interest rate cuts, which in turn affects the cryptocurrency market. If the employment data performs strongly, it may reduce market expectations for interest rate cuts, leading funds to flow into fixed-income assets and putting pressure on the cryptocurrency market; conversely, if the data is poor, expectations for interest rate cuts may increase, and funds may flow into the cryptocurrency market.

Trump's Inauguration

On January 20, Trump will hold his inauguration ceremony. During his campaign, he strongly supported cryptocurrencies and promised to make the U.S. a "cryptocurrency capital." He also plans to establish a Bitcoin strategic reserve and has selected several cryptocurrency supporters to join his cabinet. There are expectations that after taking office, he will introduce a series of industry-friendly policies for cryptocurrencies, such as loosening regulations, which will create a more favorable development environment for the cryptocurrency market and promote market growth.

Federal Reserve Monetary Policy Meeting

On January 31, the Federal Reserve's monetary policy meeting will be closely watched. Prediction platform Polymarket shows that there is a 91% probability that the Fed will pause interest rate cuts in January. If the Fed pauses interest rate cuts, it may keep the cost of market funds at a high level, affecting risk assets including cryptocurrencies. However, due to the uniqueness of the cryptocurrency market, its correlation with traditional financial markets is not absolute, and some investors may still remain optimistic about the long-term development of cryptocurrencies and choose to hold.

Listed Company Financial Reports

In January, several listed companies will release their fourth-quarter financial reports. The operating conditions and performance reflected in these reports will influence investors' judgments about the overall economic situation and market outlook, indirectly affecting their investment decisions in the cryptocurrency market. If the financial reports of listed companies are generally positive, indicating an optimistic economic situation, investors' risk appetite may increase, and some funds may flow into the cryptocurrency market; if the reports are poor, investors may reduce their allocation to risk assets, leading to outflows from the cryptocurrency market.

You can consider this sell-off after the rally as a warm-up exercise before the main upward wave. For the main upward wave of a bull market, the risk is high and profit-taking is significant when it rises sharply.

Around this position, sell off 2-3 times until the long positions are lightened and no one dares to go long. After heavily damaging the bulls, only then can the main upward wave of the bull market be completed in a short and quick time.

The weekend is here again, brothers! As always, even though it’s the weekend, there are still opportunities for gains. As long as you’re not greedy, the rewards can still be quite significant.

Looking at the four-hour chart, there is resistance at the 95500 level above, but since today is the weekend, the possibility of breaking through is low; at most, there might be a false breakout.
There is support at 94000 below, so brothers can choose to go long at a high point and short at a low point within this range.

On the weekend early morning of December 29, regarding the operation strategy for Bitcoin, the weekend market showed a range-bound fluctuation, with short-term rebounds being weak and repeatedly oscillating at low levels. This not only failed to generate upward momentum but also increased the short-term downward pressure.

From a technical perspective, the market is in a correction phase on the 4-hour level and may continue to face adjustment pressure in the short term.

For Bitcoin, focus on short positions in the 95500-96000 range, targeting 93800. Just refer to Bitcoin's operations for Ethereum Classic.

Dogecoin (DOGE) is facing a critical point with only 4 days left in 2024. The average monthly increase in December has reached 22.2%, but this year has unexpectedly dropped overall by 23%. To recreate its former glory, it needs to surge by 50% in these few days. Although the challenge is great, there is an opportunity. Looking back at November and December 2017, the increase was astonishing, and this November also saw a 161.5% increase. However, the current price is reported at $0.3202, with trading volume weak. If it breaks through $0.36 (50 EMA), optimistic sentiment may reignite, and historically, December has been significant for it, having first broken the $1 billion market cap threshold. Whether it can continue its legendary story remains to be seen.

Overall situation of the cryptocurrency market: After recent fluctuations, it tends to stabilize, with a total market value of about $3.3 trillion, trading activity down by 1.66%, and intraday trading volume decreased to $124.18 billion. Market sentiment is neutral, with a fear and greed index of 51.
Bitcoin price dynamics: In the past 24 hours, the price dropped by 2.11%, approximately $94,290, but its trading volume increased by 5.19%, reaching $48.39 billion; on Friday, $287 million was withdrawn from Bitcoin ETFs, with outflows varying from Fidelity, Ark & 21Shares, and Bitwise.
Performance of alternative cryptocurrencies: After a slight decline, Ethereum stabilized at $3,335, with a market value of $401 billion. Ethereum ETFs attracted $47.7 million in inflows, with Fidelity and BlackRock respectively contributing $27 million and $20 million.

The following are some analyses and suggestions regarding the above content:

Market Consolidation Analysis

• Market consolidation refers to a period during which stock prices fluctuate within a small range, showing no obvious upward or downward trend. The reasons for this can be multifaceted; it may be due to a relative balance of power between bulls and bears in the market, where buyers and sellers reach a temporary equilibrium within a certain price range; it may also be that the market is awaiting significant news or events, leading investors to adopt a wait-and-see approach, resulting in reduced trading activity; additionally, uncertainties in the macroeconomic environment or industry policies can also contribute to this.

• The types of consolidation can be categorized based on their formation background, such as those formed during a downtrend, those forming a converging triangle, and those formed during an uptrend. Different types of consolidation have varying probabilities for subsequent breakout directions.

The Necessity of Being Vigilant

• Although there are currently no significant negative news or black swan events, historical experience shows that declines are often closely associated with negative news. Beneath the calm surface of market consolidation, various uncertainties may be hidden; once negative news emerges, the market may react swiftly, leading to a drop in stock prices.

• The end of the year is usually a period when market liquidity is relatively tight; some investors may choose to sell stocks due to reasons such as capital recovery, thereby exerting some pressure on stock prices.

Two-Pronged Strategy and Reflective Suggestions

• Two-Pronged Strategy: When trading, one should prepare a two-pronged strategy to respond to different market changes. For example, when the market shows an upward trend, one can appropriately increase positions to seize investment opportunities; whereas when the market ...

"Is the Crazy Bull Market Really Here?"

Many people think that a bull market means all cryptocurrencies rise continuously without any pullbacks, but this idea is too simplistic. Looking back at previous bull market cycles, the initial phase is led by Bitcoin; in the mid-phase, Bitcoin continues to dominate, followed by Ethereum and altcoins, with strong performances from key sectors; in the later phase, after Bitcoin reaches its peak, it enters a wide range of fluctuations, while Ethereum drives the entire altcoin market for the final push. It is clear that a bull market is not a smooth journey, but has specific rhythms and phases.

In the 4-hour candlestick chart, signs of a pullback have clearly emerged, with the long bearish candle that appeared on the 27th being particularly prominent and highly indicative. From a technical analysis perspective, the MACD indicator shows that bearish forces are strongly surging, and this signal seems to suggest that the market is likely to continue moving downward. However, it is important to note that it is not advisable to overly chase shorts at this time.

Today is Saturday, and market liquidity is noticeably weaker than on working days. In light of this, we should not expect a one-sided strong trend in intraday trading. If investors intend to take action, it is recommended to develop strategies based on a narrow range of fluctuations, potentially engaging in short-term operations by buying low and selling high within the range of 93000 to 95500, in order to flexibly capture profit opportunities, while also being mindful of risk control to avoid unnecessary losses due to market uncertainties.

Big cake gets 1000 points, Auntie gets 25 points, totaling 13000u

The essence of making money in the cryptocurrency world: lasting stability, and making progress in a stable manner. To achieve your goals, you need to act in the same direction as your goals, go all out, and quickly try and adjust your strategies.

Continuously learn to control costs in practice, and improve efficiency through practice, iteration, and optimization. Strictly manage risks to avoid behaviors that are too costly and difficult to remedy in the short term.