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.
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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.