If you want to risk small losses for the chance at big gains, you might wait a lifetime for that opportunity.


In this year's market, even a 1:1 risk-reward ratio is already pretty good.
Profits are like chickens pecking at rice, losses are like elephants taking a dump.
This sentence describes the life of a retail investor.
US stocks have turned so red it's stupid, while the crypto market still hasn't set a trend.
The crypto industry has already mutated into a super casino.
Every day it's either a trap or both longs and shorts get wiped out, seriously.
Now, daily trading volume is less than half of what it was three months ago.

Technical points to emphasize:
1: BTC is in a consolidation phase; as long as it doesn't break 89, I'm still bullish.
Focus on buying the dips, expecting a mid-term rebound for BTC to 94,000.

2: Currently, ETH/BTC is starting to strengthen.
Go long, prioritize buying Ethereum.
ETH at 3,240 is not the top; expect a bullish breakout.

3: On December 7, Ethereum balances on centralized exchanges dropped to a historic low, and stablecoins saw massive inflows last week: from December 1-8, stablecoins had an inflow of $2.579 billion, USDT inflow was $1.042 billion, and USDC inflow was $1.632 billion.
BTC-2.34%
ETH-5.17%
View Original
post-image
post-image
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
  • Pin
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)