***op520

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A new week, a very important question worth considering.
Should we continue attacking this week or begin a period of defense?
I remember seeing quite a few people trying to long the second leg of $TRUMP last week based on expectations for Trump’s midterm elections, but they were probably all shaken out by the nearly 30-point range-bound false breakouts.
$TRUMP has now completed two false breakouts probing the top of the range and one wick-based liquidity sweep below the range. This is my personal favorite structure for entering a second leg…
If it can break above the middle yellow line next and form a higher low on the retest, this should be the second-leg entry with the highest probability of success.
—For refe
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Can $FET regain its former glory?
FET-2.82%
The yellow line is EMA365, and the white line is MA365.
[Chart 1] After the bull market before last began, bitcoin:native encountered resistance and pulled back at the MA365 moving average and the second resistance level on April 23, 2019, but after a brief strong pullback (HH, HL), it immediately broke through in one move.
[Chart 2] After the previous bull market began, bitcoin:native encountered resistance and pulled back at the intersection of EMA365 and MA365 and the second resistance level on February 19, 2023. After retesting the first resistance zone and turning it into a support zone,
BTC+0.16%
$BTC is in a topping consolidation phase. I favor waiting for a pullback to enter long; if it continues to break out after strong sideways consolidation, enter with the trend and go long on the breakout.
——For reference.
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BTC+0.16%
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Over the next one to two weeks, I will comprehensively short altcoins. All the profits earned will subsequently be used to open 【long-term long positions】 in $BTC and $MSTR .
As long as $BTC drops by 10% next, altcoins will completely collapse.
Altcoins need 【broad cycles + wide amplitude】 to form a consolidation base, and have now entered the bull market—bear market—【wide-range consolidation】 phase. This phase is the golden period for trading altcoins by 【going long at lows and short at highs】.
On August 1, I publicly positioned myself in some altcoins, which have now entered the middle-to-
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BTC+0.16%
MSTR-1.13%
Missing the boat is nothing to fear, and selling too early is nothing to fear either; making a wrong judgment and cutting your losses in time—or even losing everything you have because of it—is nothing to fear.
What is frightening is this—you then deny everything about yourself.
Why not think about the times when everyone else thought you were wrong, yet you alone held firmly to your convictions, made the right judgment, and got it right?
Trading is a game of probabilities, and life is even more so.
We are all 【process organisms】 that begin in “emptiness” and return to “emptiness,” yet, becaus
$BTC Try adding one more lot.
BTC+0.16%
More than half a year, a 24x gain. Things haven’t gone well—rough and bumpy, with also significant drawdowns. At the start of the year, I thought I had “attained enlightenment,” but when I look back now, I suddenly realize that back then my so-called enlightenment was only a half-understood, technical one, while my mindset was even farther away—too far, too far. But thankfully, I’m still continuing…
I have some dreams about trading. I don’t know whether I can truly achieve it in the end and what I can leave behind… but I’m also seriously putting my trading system into practice.
What’s done in
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Beijing’s rain this year is really heavy. On rainy days, staying at home, listening to the sound of the rain, having a cup of milk tea, and reading a book you like—at that moment, the heart feels calm and happy.
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$AAVE 📉 $DASH $DOGE waiting 📈
AAVE-0.18%
DASH+2.92%
DOGE-1.53%
$HYPE I’ve wanted to short for a long time, but this coin is just too strong. Following the trading principles of not being bearish, not going short when the trend is strong, and not trying to pick the top, I’ve kept waiting for the big trend to turn bearish. Next, I’ll keep tracking and wait for a pullback opportunity to enter.
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HYPE+3.23%
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