Cryptocurrency News
March 4 Hot Topics:
1. NYSE Arca proposes to list Bitwise Dogecoin ETF and submits a rule change application.
2. Trump signs tariff agreement with China, imposing a 25% tariff on goods from Mexico and Canada, which will soon take effect.
3. The U.S. SEC's cryptocurrency working group officially announces that the first roundtable meeting will be held on March 21.
4. Peter Schiff, an opponent of cryptocurrency, states that President Trump helped "implement the largest cryptocurrency scam in history" and calls for a congressional investigation.
5. The Swiss National Bank explicitly rejects including Bitcoin in its reserve assets.
Trading Insights
Trading is a practice, a process of continuous growth! 1. The market is complex and ever-changing; simplifying it and finding an exit in uncertain conditions is key to trading. 2. The trading journey involves many pitfalls; trading must be honed in real markets. Experiencing counter-trend moves, holding positions, liquidation, and doubling down must be personally experienced to truly understand. 3. Traders must overcome many barriers: technical barriers, system barriers, capital management barriers, emotional barriers, psychological barriers, and the unity of knowledge and action. If one does not strive to improve, it is impossible to overcome these barriers. 4. Trading requires both gain and loss; it is impossible to capture every market movement, and many trading opportunities will be "missed." The most important aspect of trading is focus—concentrate on familiar market conditions and only earn what belongs to you. In a vast sea, only take a ladle. 5. Consistent execution in trading is difficult; the temptation of luck will occasionally interfere, and without a certain level of inner stability, it is fundamentally impossible to achieve. Trading behavior reflects the trader; through various trading appearances, it mirrors different mindsets: greed, fear, obsession, regret. Only by seeking inward, cultivating the mind and character, can one find the true self, and only then can one gradually achieve the unity of knowledge and action.
LIFE IS LIKE
A JOURNEY ▲
Below are the real trades from the Big White Community's live trading group this week. Congratulations to the friends 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 issued.
**Search for the public account: *Big White Talks About Currency*
BTC
Analysis
Bitcoin's daily chart fell from a high of around 94450 to a low of around 85100 yesterday, closing around 86250. The support level is near MA200; if it breaks, it could drop to around 80000. A pullback can be used to buy near this level. The resistance level is near the MA7 moving average; if it breaks, it could rise to around 89200. A rebound to this level can be used to sell. MACD shows increasing bearish momentum. On the four-hour chart, the resistance level is near MA30; a rebound to this level can be used to sell. MACD shows increasing bearish momentum, forming a death cross.
ETH
Analysis
Ethereum's daily chart fell from a high of around 2525 to a low of around 2095 yesterday, closing around 2150. The support level is near 2000; a pullback can be used to buy near this level. The resistance level is near the MA7 moving average; if it breaks, it could rise to near MA14. A rebound to this level can be used to sell. MACD shows increasing bearish momentum. On the four-hour chart, the resistance level is near the MA7 moving average; if it breaks, it could rise to near MA30. A rebound to this level can be used to sell. MACD shows increasing bearish momentum, forming a death cross.
Disclaimer: The above content is personal opinion and for reference only! It does not constitute specific operational advice and does not bear legal responsibility. Market conditions change rapidly, and the article may have a certain 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。
