BTC is going to be complicated and confusing, teach you how to make a steady profit in the current market

BTC real-time market interpretation:

BTC oscillated and rebounded within 24 hours, with the price running between $30,803 and $34,300. BTC continued to fluctuate and climb from yesterday to this morning, reaching the highest point of 34300. The market encountered "Waterloo" around 34300, and it has been going down since the morning. As of now, BTC is at 33,000, up +3.41% within the day.

1. Quotes;

1. Bitcoinwin market--Bitcoin 4h chart:

In the figure, we can see that the market is still oscillating in the downward convergent triangle interval, but it fell below the support line below the triangle interval twice in the middle, which is enough to show that the short side is much stronger than the bulls. From the current point of view, the market is likely to move downward this weekend, and we need to pay attention to risk control at that time.

2. Bitcoinwin market--Ethereum daily chart:

ETH runs sideways in the short-term at a price around $1,300, and its recent trend is obviously better than that of BTC. In terms of trading volume, there are more opportunities for ETH to maintain a strong price. In the short term, the price has only fallen below the 10-day moving average, and it is still relatively far away from the 30-day moving average. From the perspective of long-term trading opportunities, the prices of mainstream currencies have retreated more during the recent adjustment stage, and the number of currency holdings can be appropriately increased.

Second, fundamental interpretation;

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(BTC-Grayscale Trust Holdings)

So when the market is down, you come out and say, the market is stupid, I'm grabbing chips. However, a few days ago, Bitcoin fell to a position one step away from the 30,000 mark again, but we did not see the "panic buying" drama, but continued to fall.

BTC rebounded from 30900, but the rebound was weak. The 4-hour MA30 position immediately began to fall. BTC is the weathervane of the currency circle. If BTC trades sideways, copycats may dance wildly, but so far, the trend of BTC has maintained a stable rhythm since January 8: negative decline!

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(BTC-Grayscale Trust OTC premium rate)

For example, you take 100 BTC (assuming the cost of 10,000 U each) to lock up for 6 months, and the GBTC you get can be sold after it expires. Assume that the currency price remains unchanged at 10,000 U, and GBTC has always been There is a premium, such as reaching 170% at one point, which means that you can get 170 BTC.

However, since the currency price cannot remain unchanged during these 6 months, it may rise or fall, but institutions only want a premium profit, so when they lock 100 BTC, they will open an equal empty order. If the currency price rises, Empty orders lose money, and if the currency price falls, empty orders make money. Relatively speaking, the 100 BTC they lock up will always be worth 100*10,000 U and will not change.

This means that institutions can even use borrowing to "empty hands and white wolves." .

This model is very good, and Grayscale, as an institution that pays high management fees, will always make money as long as there are people who come to arbitrage, so he keeps calling for orders, including advertising in the media.

However, something has gone wrong recently. The off-market premium of Grayscale has dropped to around 2% near the lowest point in history. This means that if this situation is not changed, there will be a "death spiral" and no new institutions will enter the market for arbitrage. The original institution sold at maturity, and the price of GBTC continued to drop, triggering the liquidation of the entire arbitrage model. Then Grayscale will submit an application to the SEC that has to be unlocked in advance due to market changes, so countless BTCs are unlocked in an instant, and the market is under terrorist pressure.

Therefore, looking at the essence through the phenomenon, it seems that the reason for the recent negative decline of BTC has been found. Then, how can we make a profit based on the current market?

Third, how to achieve stable profitability;

1. Master the technical level: the current market is in a large triangle shock range, and the market change is expected to occur on weekends, and the market in a small cycle is in a box shock range, that is, the 30,000--34,000 range. In fact, when we have some understanding of the current market, it is not so difficult to trade. For example, we can go low, go high and go high in the range of the box shock, and go long with the trend when the market is approaching, all of which will bring us a lot of benefits. Therefore, mastering a certain technical analysis ability can play a certain guiding and reference role for us to do transactions.

2. Learn to follow the trend: a good opportunity, its trend is beautiful, it feels safe and comfortable, but the trend is discontinuous, bumpy, unable to judge the next step, it is a bad opportunity , Such an opportunity is not sure, and how can it be profitable. The fundamentals of profitability are simple.

3. Adjust mentality after profit: It is easy to go from frugal to extravagant, but difficult to go from extravagant to frugal. Don't be immersed in the state of good market, stay sober and cautious. After making a profit, there is no need to rush to start, just stay on the sidelines, and hold back when you are not sure. In addition, it's okay to stay focused, but don't miss other better opportunities.

4. Choose a good exchange: If you have a solid technical analysis, learned to follow the trend, and know how to adjust your mentality, then you need a good exchange that suits you.

5. Warning:

1) Be pure-minded, keep light positions, and put risk control first. Those who cannot restrain their desires will inevitably lose money.

2) If the spot is not profitable, don't expect the contract to be profitable.

3) It is difficult to make money quickly, slow is fast, less is more, and you will fight for a long time. This is true whether it is spot or contract.

Fourth, the final message;

Always keep a humble heart, don't be arrogant, learn to allocate positions, it is best not to take heavy positions, some long-term investments, some trend transactions, can be flexibly allocated, short-term light positions are appropriate.

The analysis is vague and correct, and the opinions are for reference only. Don’t be superstitious about the buying and selling operations of the online teacher with orders, otherwise you will lose money. For high-income groups, don't lose yourself because of envy, imitate at will, and focus on the way you are good at. Only by owning a mature and stable profitable model can we gain a foothold in the market for a long time without defeat.