On March 22, Bitcoin continued to follow the US stock market. An independent Bitcoin miner successfully processed Bitcoin block 888737, earning a reward of $266,000.

CN
1 day ago

Cryptocurrency News

March 22 Hot Topics:

1. The establishment of a cryptocurrency mining farm in Mogilev Oblast, Belarus, has received presidential support.

2. SEC Commissioner Peirce: Some NFT financing projects may be exempt from securities regulation.

3. Tether claims it is in talks with one of the Big Four accounting firms to advance reserve audits.

4. Coinbase is in acquisition negotiations with cryptocurrency derivatives exchange Deribit.

5. Ethena responds to Germany's rejection of Ethena GmbH's compliance application: USDe minting and redemption services are unaffected, and there are no assets being "frozen."

Trading Insights

  1. Trading Principles: There are two extremely critical principles in trading: cut losses and let profits run. If we were to discuss their importance, cutting losses would be paramount.
  2. Capital First: Regardless of whether one is engaged in speculation or investment activities, preserving capital is always the top priority. Once a loss occurs, it means you are on the opposite side of the market, which indicates that your judgment is incorrect. The wisest course of action at this point is to cut losses promptly, rather than trying to prove that you are more correct, stronger, or smarter than the market.
  3. Follow the Market: It is often said to befriend the market and trends. When losses occur, it is like a friend giving you a clear warning; we should heed it rather than go against it.
  4. Losses Like Crocodiles: Losses must be cut promptly; otherwise, it is like being bitten by a crocodile—the more you struggle, the greater the loss. Some may escape successfully based on experience, but frequent exposure to danger can lead to more severe situations, where past experiences may fail, leading to regret.
  5. Cutting Losses, Key to Survival: While cutting losses does not directly equate to making profits, it significantly increases the probability of survival in the market, allowing you to continue participating in trading.

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.

Data is real, and each trade has a screenshot from the time it was sent.

**Search for the public account: *Big White Talks Coins*

BTC

Analysis

Bitcoin's daily line fell from a high of around 84850 to a low of around 83150 yesterday, closing around 84050. The support level is near MA14; if it breaks, it could drop to around 81500. A pullback can be used to buy near this level. The resistance level is near MA30; a rebound to this area can be used to sell. MACD shows bullish momentum. The four-hour support level is near MA60; if it breaks, it could drop to around 82100. A pullback can be used to buy near this level. The resistance level is near 85800; if it breaks, it could reach near MA200. A rebound to this area can be used to sell. MACD shows bearish momentum. Short-term buying can be done near 81570-80300, with rebound targets around 84000-86000. A rebound to 86400-88400 can be sold, with targets around 83800-81800.

ETH

Analysis

Ethereum's daily line fell from a high of around 1995 to a low of around 1935 yesterday, closing around 1965. The support level is near MA14; if it breaks, it could drop to around 1900. A pullback can be used to buy near this level. The resistance level is near 2050; a rebound to this area can be used to sell. MACD shows bullish momentum. The four-hour support level is near MA30; if it breaks, it could drop to MA60. A pullback can be used to buy near this level. The resistance level is near MA120; a rebound to this area can be used to sell. MACD shows a decrease in bearish momentum. Short-term buying can be done near 1957-1910, with rebound targets around 2030-2090. A rebound to 2030-2050 can be sold, with targets around 1970.

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 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。

Share To
APP

X

Telegram

Facebook

Reddit

CopyLink