Sun Log Lin

$BTC has been underperforming the A-share market for more than half a year.
Considering that Chinese retail investors make up over 30% of the crypto market, if this trend continues, cryptocurrencies could die out. Without retail investors coming in, speculators can only entertain themselves; derivative contracts, a gambling-style mechanism, are designed to exploit retail investors. If retail investors realize that even gambling with rigged odds is worse than investing in the most despised A-shares, they'll surely leave. Right now, almost all crypto groups are discussing stocks—this happens every year. If crypto doesn't rally soon, people will truly flee. Crypto manipulators, please take notice.
{spot}(BTCUSDT)

Keep going with another post on how to deal with being stuck in a position! (Personal bias)

Occasionally, someone leaves a comment asking, 'I'm stuck with a certain coin, what should I do?'
This is something almost everyone will encounter at some point. Including me—no one knows better than I do what it's like to be stuck.

Figure 1: I'll directly share my own approach.

In the crypto market, regardless of bull or bear cycles, there's often one or two optimal opportunities at any given time. If you were to flip through hundreds of coins on Binance, only one or two would be worth buying right now.

By 'worth buying,' I mean the coin is currently in a bullish divergence (like my heavy long position in ZEC a few days ago) or is about to enter a bullish divergence (WLFI is currently in a tight moving average consolidation and is about to break out into a bullish divergence).

Currently, the overall market is in a rebound phase. Earlier, I expected BNB to be the optimal choice—after all, it's still in a bullish divergence and could outperform Bitcoin significantly by moving into an independent trend. After this recent drop, it has proven surprisingly resilient (mainly because it hasn't risen much).

So if you're stuck with a coin, I don't wait around hoping it will eventually free me from the loss. Instead, I focus on finding another coin that might be a better optimal opportunity and switch into it. This is why, over the years, I've had large losses, but then after a while, I catch onto one optimal opportunity and quickly recover.

Of course, finding this optimal opportunity isn't easy. It requires comparing the exchange rates between different coins (you can generate this on TradingView). And there's always a chance you might pick wrong—like BNB a few days ago. But BNB might still get a chance to form the ideal pattern in the coming days.

Personal bias—feel free to share different opinions in a friendly way. $BNB

Lastly, I'd like to ask: can $WLFI double for me so I can earn some extra living expenses?

What is going on with this kind of person? They raised over 10,000 u at night, then lost it all for their brothers and directly closed the follow-up orders, then reopened the follow-up orders.

The ten thousand borrowed from Alipay, the last dance, if I go bankrupt, I will go deliver takeout.

Earn 81U today, really can't do it today, going to meet a girl

Someone in the comments asked, what if next year is not a bear market, but a bull market instead?

Moving averages are actually lagging indicators. When the moving averages confirm that a bull or bear market is emerging, like now with Bitcoin breaking below all moving averages, I will definitely see a bear market.

If, as this fellow said, it turns into a bull market, then I need to see you properly reclaim all the moving averages, with the price breaking through the resistance level of all moving averages. This would mean that all moving averages will start to turn upwards, forming a bullish divergence, and at that time I would go long. Rather than guessing now whether next year will be a big bull market, I see no signs of a bull.

Also, there was a news today that E Lihua said that the Americans are going to inject liquidity, and it’s going to be a bull market. With so much liquidity, why is the market still in such a bad state? Are there bad people among the crowd? With so much liquidity, you should drive it up, then I would go long.

Being objective about the market, I will judge the major trend based on the movements of the moving averages. In the short term, I will use MACD in conjunction with short-term moving averages to make some trades. Most of the time, we are making money from the trend. $SOL

Fully reversing. Not making a profit on the last cent.

No more naked longs, at a minimum, will only go long to hedge short positions. Also not planning to take any rebounds, and there may not even be a rebound. The next steps include only 3 actions: adding shorts on rebounds, adding longs based on mood daily, and adding shorts when it breaks down.

Sol is weaker than Bitcoin, Ethereum, and BNB, the future can be deceiving! Sending it back to $20, not ruling out 20 RMB. $SOL

$ZEC Dear God, may I ask if there is still a margin after running like this?