Weekend trading insights sharing


Another week is about to pass, and this week the market has clearly seen increased volatility, with sharp rises and falls taking place. On Friday, BTC and various altcoins didn't experience a significant drop, and even over the weekend, the expected rebound happened. The only one that seems to be struggling is ETH, which has been consolidating around the 4400 line for two days!
When something unusual happens, there must be a reason. Will the market come to an end? After experiencing a continuous 5-month period of fluctuations and rebounds, BTC rebounded from 74457 to 124545; ETH rebounded from 1385 to 4788; SOL rebounded from 95.26 to 209.86; apart from BTC, the rest of the old mainstream cryptocurrencies have basically doubled in value!
Apart from BTC/ETH, other tokens have basically not recovered their highs from the end of 2024, and the market continues to polarize, further proving that mainstream funds do not speculate on altcoins at all. Altcoins rely entirely on their own structure and strength. Projects with structure also follow the market for market-making, while those without structure basically go to zero after being listed on the alpha sector or TGE. In the past, being listed on CEX was known as a high-quality altcoin, but now being listed on CEX is seen as the last opportunity to escape!
So this year we have been primarily focusing on BTC/ETH/SOL/DOGE for contracts, and we don't dare to touch other altcoins at all. Even if we do, it's only when BTC has shown a trend that we take action, rather than trading when the direction is unclear!
Overall, it has been fine this year, with the number of times I've made a profit and the potential for gains far exceeding the number of losses and bear markets. However, this journey has been bumpy; what you might think is a linear growth in assets is actually a volatile fluctuation with sharp rises and falls, sometimes stagnating or even resulting in losses.
Then it reflects the importance of selection of the underlying assets and operational skills!
This year we didn't even dollar-cost average into a single altcoin, only into stable ones like BTC/ETH/SOL/TON/platform coins/DOGE!
This weekend, remember one thing for Friday's orders: 4250-4300 is the final support level, just set a stop loss if it breaks. Next week, we can earn back through 1-3 take profits; our core principle is to steadily accumulate small gains, not a 100% win rate, nor manipulating images, nor holding positions! If it doesn't break, there is a chance to reach 4480-4500/4550 by Monday evening, giving opportunities to stop loss and gradually reduce positions to exit!
The weekend trading advice given yesterday is still valid, you can take a look at it!
Wishing all my buddies a happy weekend!
#GT# #ETH# #BTC#
BTC0.1%
ETH2.32%
SOL2.75%
DOGE2.62%
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Zlatanvip
· 6h ago
Steadfast HODL💎
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GateUser-73fa270evip
· 11h ago
Bitcoin is a cryptocurrency invented in 2008 by an unknown person or group using the name Satoshi Nakamoto. It started being used by people when it was released as open-source software in 2009.
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WenwenHairvip
· 13h ago
Steadfast HODL💎
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Ryakpandavip
· 15h ago
Just go for it💪
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