Cryptocurrency News

Hot Topics on July 19:

1. JPMorgan: Regulatory agencies in multiple countries tend to support non-anonymous tokenized bank deposits rather than stablecoins.

2. WLFI: The tradability of WLFI tokens has been approved and is expected to be fully launched within 6-8 weeks.

3. Trump seeks to impose a minimum tariff of 15-20% on EU goods.

4. Charles Schwab CEO: Advancing spot trading for Bitcoin and Ethereum, exploring various paths for stablecoin issuance.

5. PumpFun launches a Creator Fees redirection mechanism to support the community in taking over abandoned projects.

Trading Insights

1. The essence and mindset of trading
   ① Don’t let trading occupy your entire life; family and work are more important than short-term gains and losses.
   ② The core difference between experienced and novice traders: not getting euphoric from profits and not panicking from losses.
   ③ Funds must be idle; "pressure funds" like those for buying a house or getting married should never enter the market, or else your mindset will collapse.
   ④ The amount of capital affects mindset: losing 10,000 on 100,000 feels very different from losing 10,000 on 20,000; be able to withstand fluctuations and avoid frequent trading.

2. Core principles of trading
   ① Controlling position size is the top priority; each market entry should not exceed 30% of total capital. For example, with a capital of 10,000 USDT, a single operation should not exceed 3,000 USDT. After making a profit, you can gradually increase your position, but total position size should still be restrained.
   ② Stop-loss must be set; not setting a stop-loss is equivalent to gambling with your life; one mistake could wipe you out.

3. Simple and practical Bollinger Bands strategy
   1) Core components: Middle band (20-day moving average, indicating trend), upper band (resistance), lower band (support); 95% of prices fluctuate within the channel.
   2) Three basic strategies
   ① Trend market: When the middle band is rising, buy when the price retraces to the middle band, setting a stop-loss below the lower band.
   ② Range market: Buy when the price drops to the lower band (better with oversold signals), sell when it rebounds to the middle or upper band.
   ③ Extreme market: Reduce positions when the price breaks above the upper band (overbought), do not catch the bottom when it breaks below the lower band to avoid being trapped by chasing highs.
   3) Three major taboos
   ① When the middle band is declining (downtrend), do not catch the bottom even if it touches the lower band.
   ② When the price breaks the band, check the trading volume; if there is no increase in volume, it may be a false breakout.
   ③ Do not rely solely on Bollinger Bands; combine with indicators like MACD and RSI.

4. Summary
   The key to trading: control position size, set stop-losses, maintain a stable mindset, and use simple strategies (like Bollinger Bands) to respond to market conditions; do not let greed and fear dictate decisions. Remember, preserving capital is always more important than short-term windfall profits.

LIFE IS LIKE

A JOURNEY ▲

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

The data is real, and each trade has a screenshot from when it was issued.

**Search for the public account: *Big White Talks About Currency*

BTC

Analysis

Bitcoin's daily line fell from a high of around 120,850 to around 116,800 yesterday, closing around 118,000. The support level is around 116,000; if it breaks, it could drop to around the MA14. A pullback can be bought near this level. The resistance level is around 120,000; if it breaks, it could reach a new high. The MACD shows a decrease in bullish momentum, indicating a potential death cross. The four-hour support level is near the MA60; if it breaks, it could drop to around 116,000. A pullback can be bought near this level. The resistance level is around 119,000; if it breaks, it could reach around 121,500. The MACD shows an increase in bearish momentum.

ETH

Analysis

Ethereum's daily line rose from a low of around 3,460 to a high of around 3,675 yesterday, closing around 3,545. The support level is around 3,370; if it breaks, it could drop to around the MA7. A pullback can be bought near this level. The resistance level is around 3,690; if it breaks, it could reach around 3,865. A rebound to this level can be used to short. The MACD shows an increase in bullish momentum. The four-hour support level is near the MA14; if it breaks, it could drop to around 3,385. A pullback can be bought near this level. The MACD shows a decrease in bearish momentum, indicating a potential death cross.

Disclaimer: The above content is personal opinion and for reference only! It does not constitute specific operational advice and does not bear legal responsibility. Market conditions change rapidly, and the article has a certain lag; if you have any questions, feel free to consult.

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