GeneralTheoryOfChessKrypto

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No guessing of tops and bottoms, only follow and confirm with pullbacks. Skilled in identifying genuine breakouts and false signals during acceleration phases, as well as reverse testing. Clearly without emotional involvement.
It's hard to imagine that eight years ago, I was just an ordinary college student with no background, saving up a thousand yuan through frugal living, cluelessly stepping into the cryptocurrency market. At that time, I had no connections, no professional knowledge, and no so-called insider information. Like most people, I was an unnoticed newcomer in the market.
Over these years, I have experienced the joy of market surges, fallen countless times, endured the agony of deep entrapment, learned lessons from repeated losses, and polished my skills through countless late nights watching charts. St
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4.18 Market Pulse Report: Iran Restores Control Over the Strait of Hormuz, BTC Safe-Haven Trends Need a Rational Response
At 16:00 Beijing time on April 18, the Iranian military officially issued a statement announcing the restoration of full control over the Strait of Hormuz. This move was mainly driven by the U.S. repeatedly violating prior understandings. After the temporary ceasefire between Israel and Iran and Lebanon, and Iran’s phased reopening of the strait, it still continued to carry out maritime blockades, ultimately prompting a firm response from Iran.
As the Strait of Hormuz serve
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The investment market always follows the core principle that profits and losses originate from the same source, with rises and falls accompanying each other; returns and volatility have always been two sides of the same coin. Someone makes a profit during a rising market, and inevitably, someone faces unrealized losses or short-term being trapped during market corrections. This is a normal phenomenon in market operation and a process every investor will experience. There is no need to overly blame or self-denigrate oneself for temporary losses.
In fact, on the road of investing, being trapped
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There is one of the dumbest ways to trade crypto. I made over 10 million yuan from it, and I can profit almost every time.
Ten years ago, I left home with debt. When I was at my wit’s end, I got into the crypto world. Back then, I didn’t understand anything. I only knew one stupid method: buy only Bitcoin that has been down for more than 7 days, then sell when it rebounds 5%, and never hold more than necessary. Don’t chase highs, don’t be greedy, and don’t hold through dips.
With just this one move, I stuck with it for 10 years. I went from a few hundred yuan to an eight-figure amount. My
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NexaCrypto:
LFG 🔥
Many people think trading cryptocurrencies is simple, just buy low and sell high.
But when you actually get involved, you realize the hardest part isn't predicting the market, but controlling yourself.
Below are some strict rules I set for myself after stepping on many pits; they may not sound nice, but they are definitely practical.
The first and most important rule is: don't follow your emotions.
When prices are rising rapidly, everyone is rushing in; don't follow.
When prices are falling sharply, everyone is scared; instead, stay calm and look for opportunities.
It's easy to say
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Ethereum's dip and rebound yesterday were very confusing, forming a candlestick similar to a Morning Star. I initially thought it would continue to strengthen alongside Bitcoin, but it didn't even break through the key resistance and started to weaken. Currently, there are signs of testing support again.
The final critical support level is at 2257: as long as it doesn't effectively break below 2257, the correction is considered normal; if it breaks below 2257, the short-term trend will be completely weakened, and it’s basically advisable to temporarily exit and observe.
Operational referen
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Bitcoin has now attempted twice to reach 76,000 but failed to break through.
The second time, the high point was slightly higher, which is just the bulls stubbornly holding on; if they can't hold, it's a sign of a false rally.
Remember: things don't happen three times; if the third attempt also fails to surpass 76,000, the bulls will be completely exhausted.
At that point, it won't be a small correction but a downward plunge to pick up low-priced chips.
The key is whether the support level at 74,266 can hold:
If it holds, there will still be a third attempt to reach 76,000;
If it d
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Last weekend until now, just three things to mention
1. Monday daytime, the entire market was bearish, no problem
Saturday rally, Sunday pullback. Monday daytime indicators all bearish, 4-12 hour divergence, everywhere there were voices saying it would break below 70,000.
I also took a short position, resistance at 71,400-71,700, stop-loss at 71,800.
At the same time, I gave a bottoming point: BTC 70,666-70,255 (defense at 70,000), ETH 2,176.
And the result?
ETH bottomed at 2,173, BTC at 70,458.
The bulls won decisively.
2. Reversal at night, those who didn’t set stop-losses su
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From Liquidation to "Senior": My Ten Years in Bitcoin
Once, I was also someone staring at K-lines, countless times wanting to give up.
At three in the morning, my account hit zero, and my phone screen reflected a numb face. That was my third liquidation, with my capital dropping from twenty thousand dollars to zero. Outside the window, it was very quiet, but I felt like the whole world was mocking me.
In 2017, I heard that Bitcoin had risen dozens of times, and with the idea of "turning things around," I jumped in. As you all know—the high point was bought in, then a crash, holding throu
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Five Golden Rules for Trading Discipline
1. Only trade strong assets, using the 60-day moving average as the bullish and bearish dividing line
Price must stabilize above the 60-day line and remain steady before considering entry or adding positions; if it effectively breaks below, exit unconditionally. The key is not in predicting the trend accurately, but in executing decisively.
2. Abandon chasing high during overextended rallies
When a main upward wave exceeds 50% in gains, the expected room for growth has been largely consumed. Chasing at this point offers a poor risk-reward ratio. Ins
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Yesterday, ETH was fluctuating narrowly between 2310 and 2360, closing at 2348 in the early morning, with both upper and lower shadows, and bulls and bears still fighting.
On the daily chart, a hammer candlestick hit 2301 the day before yesterday and then rebounded for two consecutive days; there is indeed buying interest at the 2300 level.
Regarding indicators: the 4-hour MACD just had a golden cross, indicating short-term strength; but the daily MACD still shows bearish divergence, so don’t chase blindly.
Price has broken above EMA7 (2332), so the short-term trend remains upward, but it’s
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Thursday Morning Trading Ideas
Although the short-term bulls have managed to push higher, the continuation is clearly insufficient, so intraday trading is still mainly about selling at higher levels.
Looking back at yesterday’s market, the overall Asian and European sessions maintained a range-bound rhythm. After the US session started, Big Pie (BTC) pulled back to the 73,500 area, stabilized there, and then gradually moved higher. In the early morning hours, it strongly broke through the short-term pressure level, with a peak reaching 75,400. It is currently pulling back and consolidating aro
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🔥ETH Short-term Breakdown: 2/3-hour level faces resistance and pulls back, carving out a "golden pit" below
Market anomalies + technical divergence, the last chance for bulls to jump in?
1. Market Signal: Sparse orders at high levels, buying pressure begins to decline
Looking at the current ETH/USDT order book data:
Prices form a dense order zone around 2320.66, but buy orders in the high region above 2416 are clearly weakening;
The order ratio is only +0.22%, almost balanced between bulls and bears, indicating a lack of enthusiasm for chasing higher;
Latest transactions are conce
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I'm not advising you to quit trading, nor am I trying to show off anything.
I just want to tell you a truth I only truly understood after losing a lot of money myself:
The crypto world is not a casino, but a risk game that can be calculated.
You might think: "Here comes another big shot telling stories."
But I want to ask you first: Have you ever gone all-in with your entire position, then couldn’t sleep at night, staring at the K-line and feeling anxious?
I’ve been there too.
Later, I mentored a beginner named Xiao C (pseudonym).
He started with only $1,200, turned it into $60k
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Bitcoin surged to 76,000 and then oscillated sideways at high levels before declining, with a slight pullback followed by a quick rebound.
Based on the current market trend, although there is a short-term correction demand, it is just pre-boost consolidation, and the overall trend remains unchanged.
On the four-hour chart, the price has stabilized above the midline, and the bearish momentum is weakening. As long as the price does not break below the short-term support levels of 73,500 and 2,300, the outlook remains bullish.
Bitcoin: 74,100-73,500 for phased buying, targeting 75,000-76,000.
Eth
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April 15 Morning Market Brief: BTC/ETH Retreats After Key Resistance, Support Can Be Used for Low Buying
1. Market Review
Last night, BTC bulls surged with increased volume, reaching the important resistance level of 76,000 before encountering resistance and pulling back, accelerating downward in the early morning, with a low of 73,760.
ETH rose in tandem, breaking through the 2,400 level during the session, reaching a high of 2,416 before falling back, with a low of around 2,300 in the early morning.
In external markets, the three major U.S. stock indices closed higher, supported by positive
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