If you want small stop-losses and big take-profit opportunities, you might have to wait a thousand years for one.


This year, having a 1:1 risk-reward ratio is already very good.
Profits are like chicks pecking at rice, losses are like elephants taking a dump.
This sentence describes the life of a retail investor.
The US stock market is so green it's dumb, and there's still no trend in the crypto market.
The crypto industry has already mutated into a super casino.
Every day it's either a fake breakout or both longs and shorts get liquidated.
Currently, daily trading volume is less than half of what it was three months ago.

A few technical points emphasized:
1️⃣ BTC is still in a consolidation phase; as long as 89 isn't broken, I'm still bullish.
Keep focusing on buying the dips, mid-term target for BTC rebound is 94,000.

2️⃣ Currently ETH/BTC is starting to show strength.
Prioritize buying Ethereum for long positions.
ETH 3240 is not the top, expect a bullish breakout.

3️⃣ On December 7, Ethereum balances on centralized exchanges dropped to a historical low, and there was a large inflow of stablecoins last week: from December 1-8, stablecoin inflows reached 2.579 billion, USDT inflow was 1.042 billion, USDC inflow was 1.632 billion.
#ETH #OKB
BTC0.64%
ETH-2.18%
OKB0.07%
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)