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Thank you all for your concern, I didn't catch a cold. I just had a craving for spicy hot pot at noon, and by evening, I started having stomach issues and turned into a jet fighter. My legs went weak 😅 After taking medicine, I'm feeling much better now, but I should still finish today's tasks.
Lying on the sofa, I browsed the news and saw that the American government shutdown has finally ended, and it will be back to business in the coming days. The Americans really know how to play, interpreting the government's announcement; it seems to have ended the shutdown, but in reality, it hasn't completely ended. The allocated funds can only last until January 30, 2026, forever leaving a ticking time bomb in the market.
I have to admire that ever since Trump took office and started playing abstractly, the Americans really are number one; the world is truly a huge mess. I really can't imagine that Trump still wants to issue a $2000 big package. If this money really flows into the market, it’s highly likely that the red-bearded ones will use it to gamble in the crypto circle.
As an ordinary player, will the market immediately follow the beautiful country and rise significantly? Personally, I think it probably won't happen yet. Looking at the contract chip liquidation chart, there are still many high-leverage long positions accumulating around 10.15w-10.35w. If it doesn't continue to retrace and wash out, it is estimated to be very difficult to rise healthily.
This is not the first time you have experienced such a short-term volatile market. Once the direction of capital flow becomes clear in the future, the mid-term and short-term market trend is likely to continue upward. If you are doing short-term trading, you can continue to buy on dips after a pullback. It is very likely that we will not test the range below 98,000 in the short term; it's just unfortunate for those friends who had to cut losses a few days ago.
I see in the comments that there are still friends who want to swing trade, trying to catch the bottom. To be honest, this kind of operational thinking is very dangerous. Do you remember the average entry prices of my small positions in ETH, DOGE, and ADA? I have mentioned in my public updates that temporary floating losses are quite normal; you see, hasn't the price come back today? If I had exited this afternoon, I would have made a profit.
But I wouldn't operate like that. Although I've judged that it should drop again in a couple of days, back and forth trading like this would incur a significant amount in fees. So I suggest that novice friends in trading think carefully before each transaction whether they are doing short-term or long-term trading and set their profit expectations accordingly. If you are doing medium to long-term trading, the position doesn't need to be completed in one go within a short period; consider the average price more and be less obsessed with a single price.
This is the most basic trading knowledge. Let's discuss these kinds of questions less in the future. I am not a teacher. If you really want to grow, try not to ask about entry points, and don't ask whether you can buy. I sincerely recommend that you find a few trading course videos online to watch for yourself, which are completely free. Don't put your hard-earned money in the hands of others.
If I wanted to make money off you, I would share my trades and invite you to learn from me, follow my trades in the system, join groups on social media, or attend offline classes to be brainwashed. But I have no intention of doing that. I just want to encourage you to study hard on your own. Trading is something you have to experience yourself, and you should consider the issue of making money from trading in relation to your own actual abilities.
For most players who are stuck, the focus now should be on paying more attention to the timing and points of exit. If you want to gain more profit through a second entry, then seize the time window, as there shouldn't be too much time left for the bulls.
The market always offers opportunities; the key is how you understand the行情 and how you catch the rhythm. At this stage, stop fantasizing about making big money through swing trading or bottom fishing; the market can only be observed as it moves, so maintain a sense of reverence for the market.
If you have better opinions and views, let's chat about it in our live stream tomorrow night. Good night💤