Crypto News
April 11th Hot Topics:
1. The management assets of the Southern Dongying Bitcoin Futures ETF have increased to $119 million.
2. The net inflow of the US spot Bitcoin ETF was $124 million yesterday.
3. US Senator: Bitcoin is a reliable choice to protect consumer rights.
4. Bitcoin mining difficulty has increased by 3.92% to 86.39 T, reaching a historical high.
5. Biden: Interest rate cuts may be postponed for a month.
Trading Insights
First and foremost, this is the foundation for stable profitability and avoiding the risk of losing everything. "Take profit, stop loss, and withdraw" are indispensable. Before opening a position, set the stop loss and take profit. Unless there is a major market movement, you can widen your take profit level, but when the stop loss level is reached, you must strictly stop the loss. Do not stubbornly hold onto a position. Weekly profits must be withdrawn in a timely manner to avoid losing everything.
Secondly, avoid frequent trading and cutting losses. Opening a long position for three minutes and experiencing a loss, then thinking it will fall and opening a short position, repeating this cycle will deplete your resources. At this time, you must close the trading platform, go for a walk, or play a game to calm down.
Thirdly, it is essential to continuously improve your trading system through your own learning and methods. Everyone's assets, time, and positions are different, so everyone's trading methods and systems will be different. It is useless to try to find someone else's method or approach. Some people may only invest 1-10% of their assets, so they can open positions without pressure. However, your situation may be different, you may be fully invested or even in debt, so your mentality is completely different, especially for those who like high leverage and full investment. Their risk resistance is completely different from others.
Search for the public account: "Big White Coin"
BTC
Analysis
Bitcoin dropped to the 67540 level yesterday and quickly rebounded. The price then rose to the 71130 level but was resisted. Congratulations to friends who followed this strategy and profited from the long position by 3000 points. Currently, the price is running near 70600. On the four-hour chart, the candlestick pattern shows a rebound with three consecutive positive candles, bringing the price back above 70,000. The MACD shows a shrinking bearish trend with decreasing volume, indicating a demand for a pullback after the recent high. If the price can stabilize above 70800, there is a possibility of another rise. Looking at the daily chart, the failed attempt to reach a new high has extended the consolidation period, but in a bull market, the long-term result will definitely be positive. The strategy remains to maintain a long position, with resistance at 71500-73300 and support at 70000-69000.
ETH
Analysis
Ethereum showed a fluctuating trend during the day yesterday, then chose to decline in the evening, reaching a low of 3410 and rebounding to around 3580. Congratulations to friends who followed this strategy and profited from the long position by over 100 points. Currently, the price is running near 3566. Although it fell back to the starting point on the four-hour chart, the bearish trend did not continue. After the decline, the bearish momentum gradually weakened, and the market entered another period of oscillation and adjustment. Although there may be resistance in the short term, the pullback will not be significant. There is no good entry position for short-term fluctuations, so it is best to hold onto your chips. On the daily chart, the bottom is rising, and the market is gradually stabilizing. Despite the failed attempt to reach a new high, the trend has not deteriorated. It is expected that there will be a few days of adjustment, but as long as the price stabilizes above 3650, there will be an opportunity for another push. The strategy remains unchanged, focusing on long positions, with resistance at 3600-3650 and support at 3520-3480.
Disclaimer: The above content is for reference only and does not constitute specific operational advice, nor does it bear legal responsibility. The market situation changes rapidly, and the article has a certain lag. If there is anything you don't understand, feel free to consult.
免责声明：本文章仅代表作者个人观点，不代表本平台的立场和观点。本文章仅供信息分享，不构成对任何人的任何投资建议。用户与作者之间的任何争议，与本平台无关。如网页中刊载的文章或图片涉及侵权，请提供相关的权利证明和身份证明发送邮件到support@aicoin.com，本平台相关工作人员将会进行核查。
