Cryptocurrency News
October 30 Highlights:
1. Michael Saylor's MicroStrategy has currently realized an unrealized profit of $84 billion from Bitcoin investments.
2. In the past 24 hours, short positions worth $115 million in #Bitcoin have been liquidated.
3. As interest rates decline, Circle has increased the fees for its USDC stablecoin.
4. DYdX Trading has laid off 35% of its staff, including core team members.
5. The CEO of Paxos urges Harris and Trump to formulate regulatory policies supporting cryptocurrency before the U.S. elections.
Trading Insights
The mindset of cryptocurrency traders typically includes the following types:
- Speculative Mindset: Many traders view cryptocurrencies as a quick way to acquire wealth, hoping to make huge profits in the short term by buying low and selling high. They often focus on short-term price fluctuations and trade frequently.
- Gambling Mindset: Some individuals treat trading like gambling, investing large sums of money without rationally assessing market risks, overly relying on luck, and hoping to get rich from a single trade.
- Overconfidence Mindset: These traders may have initially made some small profits or believe they have a deep understanding of the cryptocurrency market, leading to overconfidence, overestimating their abilities and judgment, increasing their investment scale, and then facing liquidation!
- Fear and Greed Mindset: When prices rise, greed takes over, and they feel it can go higher, hesitating to sell; when prices fall, fear emerges, worrying about further losses, leading to hasty selling.
- Herd Mentality: Seeing others or information online suggesting a certain coin has potential, they blindly follow and invest, lacking independent analysis and judgment, merely going with the flow into the market.
It is essential to learn, reflect, summarize experiences, and draw lessons to achieve stable profits rather than seeking quick gains.
LIFE IS LIKE
A JOURNEY ▲
Below are the real trading signals from the Big White Community this week. Congratulations to those who followed along. If your trades are not going well, you can come and test the waters.
The data is real, and each trade has a screenshot from when it was sent out.
**Search for the public account: *Big White Talks About Coins*
BTC
Analysis
Bitcoin's daily chart showed a surge yesterday, rising from a low of around 69,750 to a high of around 73,750, just a step away from a new high, closing around 72,750. The support level is near the MA7 moving average, and a pullback can be used to buy near this level. The MACD shows bullish momentum. On the four-hour chart, the support level is near the MA14; if it breaks, it can be seen near the MA30. A pullback can be used to buy near this level. The main strategy is to buy at low levels; shorting is not recommended. The MACD shows a decrease in bullish momentum.
ETH
Analysis
Ethereum's daily chart showed a rebound yesterday, rising from a low of around 2,560 to a high of around 2,680, closing around 2,640. The resistance level is near the MA120, and the support level is near the MA14. A pullback can be used to buy near this level. The MACD shows an increase in bullish momentum, forming a golden cross. On the four-hour chart, the support level is near the MA7 moving average; if it breaks, it can be seen near the MA14. A pullback can be used to buy near this level. The MACD shows a decrease in bullish momentum.
Disclaimer: The above content is personal opinion and for reference only! It does not constitute specific trading advice and does not bear legal responsibility. Market conditions change rapidly, and the article may have some lag. If you have any questions, feel free to consult.
免责声明：本文章仅代表作者个人观点，不代表本平台的立场和观点。本文章仅供信息分享，不构成对任何人的任何投资建议。用户与作者之间的任何争议，与本平台无关。如网页中刊载的文章或图片涉及侵权，请提供相关的权利证明和身份证明发送邮件到support@aicoin.com，本平台相关工作人员将会进行核查。
