Today I feel like going a bit crazy, thinking that I must brag and show off something in the square. But now that the market is at this point, my inner self and mindset have actually calmed down quite a bit. Let's chat about the journey we've walked together, brothers.
Since the National Day, I have been going live almost every night. I have consistently held a bearish view on the range of 4500-4760. At the same time, several real big brothers have joined my live stream, and they are trapped at Bitcoin prices of 116800, 120000, and Ethereum at 4328. These past few days, I have been helping my brothers in the live stream get through each day. I have instilled in them the belief in shorting, and I also provided them with points to increase their positions. I really want to use the knowledge I've learned, my skills, and my market sense to help my brothers get rich or escape from suffering. In the end, it seems that today the light boat has indeed passed through countless mountains!
Then I accidentally fell asleep during today's livestream, normally I would wake up at 8 o'clock to check the market. As a result, I was called awake at 6 o'clock by several big brothers who told me that the market had crashed. So I quickly tidied up and saw that Ethereum had indeed reached 3500-3600 as expected. With the market operating to this situation today, I truly no longer feel the usual restlessness. Trading can really bring a lot of changes to a person's mindset. This wave of black swan crash is a reward for every daily short seller who has held onto their positions during the National Day. Before writing this article, I had a lot of thoughts I wanted to share with everyone, but during the writing process, I was still at a loss for words. It's really a mix of emotions. Through this drop, I have truly understood a saying - every loss is meant for us to earn more next time!
Market outlook:
Returning to our market issue, I believe this is the result of multiple factors working together. Firstly, the Bitcoin price has reached a historical high and only increased by a little over a thousand points after breaking the previous high, which indicates that the vehicle is too heavy. Even though it broke the new high, the inertia brought by the market breakthrough cannot lead to an objective surge. This also establishes the psychology mentioned in the operator's trading psychology, which points out the need to seek opportunities to utilize news for a significant downturn to clean out the participants on board. Therefore, the first factor among the multiple factors is the market maker's operator.
The second factor that must be mentioned is the impact of news, as Trump is about to engage in a trade war with China again. Due to the rare earth resources, both sides are about to enter a new round of mutual confrontation. This unexpected news has brought about a major black swan event that caught everyone by surprise, and it also provided an excuse for the first factor, which is the significant drop caused by a large trader.
The third point will return to the most familiar technical aspects, but the specific analysis of the technical aspects can be found in the post from October 7th, which I will also pin shortly. This time, we are betting on the fifth wave pullback of Ethereum's daily line, betting not to break through the starting and ending point of the third wave at 4770. I originally envisioned this happening at the end of this month, then reaching my first take profit target of 3500 through a gradual approach like an old lady going down the stairs. Because if my assumption plays out like that, I would only sell 30% of my position at 3500, and the rest I would continue to bet on the derived waves of the fifth wave, or even the seventh wave of decline to see 2600 or 2700. Many people think that Ethereum 2.0 opening at 1 is something that is impossible in this lifetime. However, as long as the bear market comes and the black swan appears, nothing is impossible, even reaching zero is a possibility.
The market has reached this point, and for the brothers who have lost or missed out, there’s no need to feel upset. Every trade is a new beginning, and only with a good mindset can one grab a share in this turbulent capital market. So don’t let the emotions from the last trade affect your next one. This time, those who believe in me or follow my lead have reaped big rewards! I personally have a position of 4500, added 20% at 4720, and then added another 30% when it dropped back to 4630, resulting in an average price of 4554. Brothers! I have said that this time, by following my lead, I will help you soar! Follow me and let the air force become great again!!!
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Speaking from the heart, this time we have conquered ourselves!
Today I feel like going a bit crazy, thinking that I must brag and show off something in the square. But now that the market is at this point, my inner self and mindset have actually calmed down quite a bit. Let's chat about the journey we've walked together, brothers.
Since the National Day, I have been going live almost every night. I have consistently held a bearish view on the range of 4500-4760. At the same time, several real big brothers have joined my live stream, and they are trapped at Bitcoin prices of 116800, 120000, and Ethereum at 4328. These past few days, I have been helping my brothers in the live stream get through each day. I have instilled in them the belief in shorting, and I also provided them with points to increase their positions. I really want to use the knowledge I've learned, my skills, and my market sense to help my brothers get rich or escape from suffering. In the end, it seems that today the light boat has indeed passed through countless mountains!
Then I accidentally fell asleep during today's livestream, normally I would wake up at 8 o'clock to check the market. As a result, I was called awake at 6 o'clock by several big brothers who told me that the market had crashed. So I quickly tidied up and saw that Ethereum had indeed reached 3500-3600 as expected. With the market operating to this situation today, I truly no longer feel the usual restlessness. Trading can really bring a lot of changes to a person's mindset. This wave of black swan crash is a reward for every daily short seller who has held onto their positions during the National Day. Before writing this article, I had a lot of thoughts I wanted to share with everyone, but during the writing process, I was still at a loss for words. It's really a mix of emotions. Through this drop, I have truly understood a saying - every loss is meant for us to earn more next time!
Market outlook:
Returning to our market issue, I believe this is the result of multiple factors working together. Firstly, the Bitcoin price has reached a historical high and only increased by a little over a thousand points after breaking the previous high, which indicates that the vehicle is too heavy. Even though it broke the new high, the inertia brought by the market breakthrough cannot lead to an objective surge. This also establishes the psychology mentioned in the operator's trading psychology, which points out the need to seek opportunities to utilize news for a significant downturn to clean out the participants on board. Therefore, the first factor among the multiple factors is the market maker's operator.
The second factor that must be mentioned is the impact of news, as Trump is about to engage in a trade war with China again. Due to the rare earth resources, both sides are about to enter a new round of mutual confrontation. This unexpected news has brought about a major black swan event that caught everyone by surprise, and it also provided an excuse for the first factor, which is the significant drop caused by a large trader.
The third point will return to the most familiar technical aspects, but the specific analysis of the technical aspects can be found in the post from October 7th, which I will also pin shortly. This time, we are betting on the fifth wave pullback of Ethereum's daily line, betting not to break through the starting and ending point of the third wave at 4770. I originally envisioned this happening at the end of this month, then reaching my first take profit target of 3500 through a gradual approach like an old lady going down the stairs. Because if my assumption plays out like that, I would only sell 30% of my position at 3500, and the rest I would continue to bet on the derived waves of the fifth wave, or even the seventh wave of decline to see 2600 or 2700. Many people think that Ethereum 2.0 opening at 1 is something that is impossible in this lifetime. However, as long as the bear market comes and the black swan appears, nothing is impossible, even reaching zero is a possibility.
The market has reached this point, and for the brothers who have lost or missed out, there’s no need to feel upset. Every trade is a new beginning, and only with a good mindset can one grab a share in this turbulent capital market. So don’t let the emotions from the last trade affect your next one. This time, those who believe in me or follow my lead have reaped big rewards! I personally have a position of 4500, added 20% at 4720, and then added another 30% when it dropped back to 4630, resulting in an average price of 4554. Brothers! I have said that this time, by following my lead, I will help you soar! Follow me and let the air force become great again!!!