When BTC Suddenly Plunges, Should You Cut Losses, Wait and See, or Wait for a Rebound?

In BTC trading, a sudden plunge is often the moment when it's easiest to lose your judgment. Prices fall rapidly, unrealized losses in your account keep growing, some people choose to cut losses immediately, others think it's just a brief shakeout, while still others keep waiting for a rebound, hoping the price will return to their entry point.

But when faced with a sudden plunge, what should you do?

First, assess the cause of the decline. A BTC plunge may be triggered by macroeconomic news, changes in ma

BTC is retesting a key support level. When is it worth entering?

In BTC trading, many people see the price break through resistance and immediately chase the rally. Experienced traders often wait one more step: they watch to see whether the price retests a key support area and whether it can attract buying support again afterward.

Why is a retest so important?

First, watch whether the former resistance level can turn into support. After BTC breaks above an important resistance area, if the price pulls back without clearly falling below that area, it may indicate that the market is reassessi

Regarding the criticism of SNDK, all I want to say is:

The call on the bottom of the move around 1000 in late July was right.

The call on this bottom around 800 was right too.

Neither time did I wait until the move was over to come out and review it; my earlier views and calls were all documented.

There’s a reason I’ve always been bullish on memory.

The core issue facing the memory industry now is that its technological barriers have yet to be truly overcome. Capacity, technology, and supply-demand dynamics are all influencing market pricing. This also means memory still carries a certain

Why do many people end up losing more even after setting stop-losses?

In BTC contract trading, many people know the importance of stop-losses and set stop-loss orders after opening a position. But strangely, some traders keep losing even though they have set stop-losses: the price rebounds right after they exit at a stop-loss; after they re-enter, the price starts falling again. After several rounds of this, not only does their capital shrink, but their trading mindset also deteriorates.

What exactly is going wrong?

First, the stop-loss is placed at an unreasonable level. Some people habitu

The model remembers preferences, but can’t remember not to rewrite
A fictional editing scene: someone just wants typos fixed, but the model rewrites the entire piece.
【The note says to fix typos only】
They send over the draft with a note: fix typos only. The returned version is smoother and more complete, and the typos have been replaced with a different batch.
【The next sentence says not to improvise】
They add: stick to the original, don’t improvise. It agrees right away, then puts that sentence at the beginning of the new draft.

Foreigners in China are very laid-back.

What separates exceptional people from ordinary people?
It's never intelligence, but what they hold onto and what they let go of!
After spending the past few years in crypto, I've condensed my life advice into 4 things👇
1️⃣ Money: Know how to earn it, but more importantly, how to keep it
In a bull market, earning 100,000 and spending 100,000 makes you a fortune that passes through your hands. Having reserves gives you the confidence to say “no” when the bear market comes.
2️⃣ People: Your health, emotions, and family
The profits you earn staying up all night watching charts will eventually ha

Why Do Spot and Contract Prices Trade at a Premium or Discount?

When you open a cryptocurrency trading platform, you may notice that the spot price and contract price for the same BTC are not exactly the same.

Why does this difference occur? Does it mean there is an arbitrage opportunity?

To understand this, we first need to understand how the spot and contract markets work.

I. What Are Premiums and Discounts?

When the contract price is higher than the spot price, it is generally called a contract premium; when the contract price is lower than the spot price, it is generally called a cont

The art of getting people to meet up is getting more and more sophisticated these days.
Actually, I have a friend… named Ah Xi…

━━━━━━━━━━━━━━━━━━
Down 16.8% in seven weeks, BTC has retreated to a very delicate level:
 ➥Weekly 20 MA: 73593
 ➥Daily 200 MA: 73139
━━━━━━━━━━━━━━━━━━
The two medium- and long-term moving averages are converging right under price. This is the bulls’ last decent line of defense. A break below is okay as long as price can recover.
The current structure is tilted toward choppy downside, but I wouldn’t short into the moving averages.
Let’s look at three scenarios:
1️⃣ Reversal: Hold 72680, close back above 77800 (the 20-day MA), and see open interest recover and spot buying pick up. Only t

That 6.6 floor on $UNI held for ten days straight. Nov 5, Nov 8, Nov 10, bought every time.
Yesterday it finally gave up. First leg to 6.44, weak bounce that couldnt get back into the range, then another heavy volume dump overnight to 6.10.
Now sitting at 6.21 and the bounce honestly looks tired, small candles and volume fading.
For me 6.34 is the first wall, then the old floor at 6.60 which is resistance now. As long as it stays under that I treat any pop as a retest.
Lose 6.10 on an hourly close and there isnt much below. Reclaim 6.60 and yesterday was just a fake out.

Does buying an NFT mean you own the copyright? Don’t confuse digital ownership with copyright

If you buy an NFT, what exactly do you own?

The digital work itself? Its copyright? Or a proof of ownership recorded on the blockchain?

These questions may seem similar, but they involve important distinctions. Understanding them can help you not only understand NFTs, but also assess the true value and potential risks of digital assets.

1. What exactly does an NFT record?

An NFT, or non-fungible token, is a digital token with a unique identifier that can be recorded and transferred on a blockchai

Deutsche Bank has officially launched its digital asset custody service, allowing institutional and corporate customers in Europe to store and transfer cryptocurrencies through the bank.
The service went live on November 11, less than two months after the bank first announced its plans.
Supported assets include Bitcoin, Ethereum, and selected stablecoins such as USDC and EURC.
But what exactly does crypto custody mean?
Instead of institutions managing their own private keys and wallets, Deutsche Bank provides the infrastructure to safeguard digital assets on their behalf.
The system includes b

$H That wick hit hard, dropping straight from 0.0344 to 0.0243. It’s down 16% in 24 hours, with 23.5M in trading volume—all bloodied positions. The market maker’s playbook is all too familiar: first push the price up to attract momentum buyers, then dump repeatedly to trigger stop-losses, and finally accumulate gradually around 0.025. At the current level of 0.0269, selling pressure has already dried up, but don’t rush to go all in. My advice: test a long position with a small allocation at 0.025–0.026, set a stop-loss below 0.0243, and take profit at the first target of 0.0295. Keep your posi

How to Manage Position Size in BTC Trading?

In BTC trading, many people spend a great deal of time analyzing market direction while overlooking a more important question: even if you get the market direction right, poor position management can still prevent you from achieving the desired trading results.

Why is position management so important?

First, position size determines how much losses affect your account. For the same 2% drop in BTC, a trader with a small position may incur only a modest loss, while a highly leveraged trader with a large position may face severe losses or even forced

How can you develop a truly actionable trading plan for BTC?

Many BTC traders study the market every day, analyzing candlestick charts, trading volume, and various technical indicators. They also often discuss whether the market will rise or fall next. But when it comes time to trade, a common problem emerges: there are no clear entry criteria, stop-losses are decided on the fly, and traders don't know when to exit a profitable position.

That's why some people can study the market for a long time yet still see inconsistent account performance.

To build a truly actionable trading plan, you c

$BTC : Reminding you again that:
- price capitulates when 1W RSI moves into oversold territory,
- oversold conditions mark the start of an accumulation range,
- once 50 and 100 MA cross (red below blue), accumulation range is already well underway
So nothing unusual from every single marked bottom

How Can You Identify a Trend Reversal in BTC Trading?

In BTC trading, many people most want to buy before an uptrend begins and sell before a downtrend starts. But the real challenge is that a price rebound does not necessarily mean the trend has reversed, and a sudden drop does not necessarily mean the bull market is over.

So, how can you identify a genuine trend reversal?

First, watch the structure of highs and lows. An uptrend typically forms successively higher highs and higher lows. If the price fails to make a new high and starts breaking below the previous significant low, be alert t