On December 28, Bitcoin continued to fluctuate downward, affected by the drag from the US stock market. The Ethereum exchange rate rose, experiencing a smaller decline compared to Bitcoin.

CN
1 year ago

Cryptocurrency News

December 28 Hot Topics:

1. The IRS will begin taxing DeFi in 2027.

2. Solana co-founder Stephen Akridge is being sued by his ex-wife, accused of stealing SOL staking profits.

3. Galaxy Research has released its annual cryptocurrency forecast, predicting Bitcoin could break $150,000 in the first half of 2025.

4. The Minister of Justice of Montenegro has signed an order to extradite former Terraform Labs CEO Do Kwon to the United States.

5. The launch of Pudgy Penguins tokens has driven Ethereum NFT trading volume to soar to $186 million.

Trading Insights

  1. Simplify Trading: Moderation in trading is key; many traders often overdo it, overanalyzing, interpreting, thinking, and acting. Learn to be appropriately "lazy"; favorable market signals are limited, and most are noise. Filter out useless information to identify "quality signals." At the same time, adopt the mindset of hedge fund traders and stay away from seemingly good opportunities.

  2. Set an Exit Plan Before Entering: Traders must set their own rules and take responsibility for their actions. Exiting is more important than entering; most people exit impulsively, resulting in small profits or large losses. Establishing a strict take-profit and stop-loss plan can help maintain calm and reduce emotional interference in decision-making.

  3. Avoid Worthless Trades: Trades with disproportionate risk to profit often stem from blind and frequent actions, leading to a cycle of losses. Traders who enter blindly are often lucky and ignore risks, while professional traders plan ahead. Worthless trades, due to shallow understanding and arbitrary decision-making, are more harmful than beneficial to growth.

  4. Maintain High Discipline: Discipline is crucial for trading success, involving adherence to rules, managing risks, and achieving goals while avoiding emotional interference. I only spend half an hour daily looking at charts and recommend everyone stick strictly to their plans, avoiding obsession with market fluctuations to improve efficiency and stability.

  5. Step Away from the Trading Desk When Necessary: Keeping a distance from the market is a wise strategy; overtrading can deplete funds. Use larger time frames to assess trends; daily charts are the preferred choice for technical analysis, as they can eliminate distractions and efficiently utilize opportunities.

LIFE IS LIKE

A JOURNEY ▲

Below are the real trading signals from the Big White Community this week. Congratulations to the friends who followed along; if your trades are not going well, you can come and test the waters.

Data is real, and each trade has a screenshot from when it was sent.

Search for the public account: Big White Talks Coins

BTC

Analysis

Bitcoin's daily chart showed a drop from a high of around 97,600 to a low of around 93,450 yesterday, closing around 94,300. Support is near the MA60; a pullback can be bought around this area. Resistance is near the MA7; a breakout could see it rise to the MA30. The MACD shows increasing bearish momentum. On the four-hour chart, resistance is near the MA14; a breakout could see it rise to the MA200. The MACD shows decreasing bearish momentum and signs of a golden cross forming. A short-term buy can be considered around 92,830-91,600, with a rebound target of around 96,700-101,000.

ETH

Analysis

Ethereum's daily chart showed a spike to around 3,445 yesterday, closing around 3,335. Support is near 3,225; a pullback can be bought around this area. Resistance is near the MA14; a breakout could see it rise to the MA30. The MACD shows decreasing bearish momentum and signs of a golden cross forming. The four-hour chart shows a fluctuating trend, with resistance near the MA60; a breakout could see it rise to the MA90. The MACD is stabilizing, with the two lines converging. A short-term buy can be considered around 3,240-3,177, with a rebound target of around 3,500-3,640.

Disclaimer: The above content is personal opinion and for reference only! It does not constitute specific trading advice and does not bear legal responsibility. Market conditions change rapidly, and the article may have some lag; if you have any questions, 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。

Share To
APP

X

Telegram

Facebook

Reddit

CopyLink