LaughingDaysYsxdct

Actually, the crypto circle is really quite conscientious. A smooth decline lets the bears eat meat too. But whoever shorted the S&P 500, man, they've got everything now.

So, the Nasdaq and S&P 500 are both down 1%, why hasn't Bitcoin dropped, and why is Ethereum still up 1%?

You have to admit, the United States really is the world's largest oil producer. So if the strait were to be blocked long-term, who would benefit and who would suffer? It's a global chessboard—everything is interconnected!

I'm well-rested, physically healthy, full of energy, and in a good mental state. I'm ready to make money.

Bitcoin's most likely scenario is to first clear out the shorts, but the bulls shouldn't be too happy either, because the ride will be very bumpy. For short-term traders, trading either direction will be quite painful.

It's so real—a true portrayal of constant self-sabotage through overthinking.
Whale manipulators are responsible for drawing the lines, while retail investors are responsible for filling in the blanks and self-torment. In fact, many times after the market truly moves, you often discover that your initial decision might have been correct.
The real reason for making wrong decisions in the end is: during the process of the market playing out, you exert too much subjective force, causing your brain to receive too many chaotic signals.

A few points about trading: 1. If you're going long, look at the chart. In this chart, it's very difficult to find a comfortable entry point, and the same applies for short positions; 2. In summary, within the oscillation range starting from 60,000 where the rebound occurs, the behavior of the main funds is very unappealing.

Yesterday, I had a call with a trader friend, casually reviewing and reflecting. Through sharing, I was able to articulate some points I had been thinking about recently but hadn't had the chance to systematically summarize. It seems that communication with others is still essential; talking helps people improve. Here are the points: 1. Choosing good targets is very important 2. Choosing the right timing is very important 3. Correct target + correct timing = twice the result with half the effort 4. Correct target + wrong timing = futile effort

This cracked me up. No wonder X isn't working well; the product manager didn't do enough homework. I really couldn't hold back when I saw the word "turmoil." Brothers, tell him, what does this mean in the picture!

According to the pattern, assuming 71800 is the top, the next target should be between 63850 and 65000 (Figure 1); if a Z-wave breakout occurs, the resistance is between 76-77 (Figure 2)). If it drops, observe the support at 63850—65000 and the rebound strength. If it's a weak rebound, then a real decline may be coming. If it's a strong rebound and pushes above 618, then the oscillation range will expand;

This rebound of Bitcoin from 60,000 I would call a classic market pattern controlled by major players' manipulative tactics. Every time it rises, you think it can go higher, but then it suddenly stops; when you start shorting, your short positions get wiped out while you're asleep, and it drops again; every retracement is at the limit; every sideways movement is a dilemma. Let me use Fibonacci retracement to review this classic control move:

Bitcoin still follows the meat grinder logic: high difficulty, low returns, not worth participating in the game. Why does it go up? Because it’s going up to open short positions above; Why does it go down? Because it’s going down to open long positions below; Why is it no longer moving up? Because there isn’t enough momentum to break higher and the cost-benefit ratio is no longer favorable; Why is it no longer moving down? Same reasoning.

$BTC Daily closing was quite ugly, and the bears indeed exerted effort in this rectangular area (Figure 1); $XAU Similarly, there was a false breakout (Figure 2), but the level is relatively small, and the signal is quite blurry; however, from the wave pattern, it very much aligns with a small 5-wave decline followed by a flat rebound; the signals from these two assets are not very strong, and the market trend leans towards a decline.

If this wave is a Z-wave rally that can break the previous high, then I respect you as a real man. If this is just a rebound targeting the 74 decline, then I really curse your mother!

This ECG-like market pattern really doesn't inspire any desire to open a position. (When my long position at 66666 was wiped out, I initially thought it was a disaster, but later I realized it was a blessing.)

Is the two-day cryptocurrency bull market just a pipe dream? If tomorrow's close shows that long upper shadow, it would look pretty bad. That box above, I just drew it randomly; there's no need to pin the price below it.😂😂😂

In the AI era, it's understandable that companies are competing fiercely—after all, they are businesses, and it's a constant struggle upstream. But I don't think ordinary people need to have "AI anxiety." I already get pretty anxious about trading, so why should AI make me more anxious? Right now, I only have a basic understanding of crayfish—knowing what it is and what it can do!

It has only been seven days since I posted this on March 3rd. The US and Iran are indeed showing signs of stopping. I don't understand the international situation, nor am I familiar with geopolitics; but I can do the math. I believe that Trump and Iran can also do the math, so of course they will act in the way that makes the most sense. Let's take another look at the comment section of the quote, and then look at the lengthy comments from the teachers. Sigh~~!

I said, the signs of performance are too obvious and can't be hidden. The real test for the bulls is coming next. The EMA21 and SMA30 on the daily chart have been worn out and are no longer useful. Don't look at them anymore; they're useless. I also checked other moving averages, but their historical significance is minimal and they don't provide much reference.