Why are they masters? That is the result of thousands of trials and tribulations. How much time, energy and cost have you spent on learning how to trade? If you have spent nothing or very little, then don't ask why others can get results but you can't. I practiced trading for more than eight hours a day. It took two hours a day to find targets. I researched four projects at the fastest every day, and sometimes I could only finish one. The whole team researched all the currencies of Binance and OK very clearly, which took more than half a year. Most people would be numb after just one look at the Google spreadsheet. With so much information, we think the basic information is clear at a glance. Next, we will study the K-line pattern, market maker methods, project structure and operation. This is also the reason why currencies are not shared often. The reason is simple. Olympic gold medalists only have a few minutes or one chance to go on stage, but they have studied and practiced hard for more than ten years! When you see people sharing coins, your cognition is not at the same frequency and level as theirs, and you can't even tell whether the person sharing is an expert or not. So many people often suffer a lot in this regard. They call it paying a lot of tuition fees, but in fact, they have wasted their hard-earned money. They wanted to change their fate in the coin circle, but ended up becoming fuel for others.
Learning is important, and practice is more important. There is a gap in the middle that needs to be crossed. It is very difficult to integrate knowledge and practice.
My confidence comes from the fact that the entire team has been deeply involved in the coin circle for many years and has experienced the trials and tribulations of the coin circle, and the confidence brought by continuous learning and practice. That's why I say that each coin has its own temper, because in my heart they are not just a string of letters but people with life and feelings.
Only when it is late at night and everyone is asleep can you calm down. The live broadcast during this period has touched me deeply and made me more determined to continue the training and education in the cryptocurrency circle. At the beginning, my friend said that you have such a high degree, such a good experience, and you can stand up after two ups and downs. Why don’t you do training and education? When we entered the cryptocurrency circle, we wanted to find a place to learn, but there was no place. It was all about fomo, cx, and getting rich overnight. K-line technology can be learned from stocks, but it needs to be transformed into the cryptocurrency circle. Investment research is a dimensionality reduction attack in the secondary level, and there are also on-chain data, strategies, and position management. Share your sad past and the pitfalls of the cryptocurrency circle, so that more people can benefit and avoid detours. A science and engineering man like me doesn’t like to socialize. I like to do research by myself. To put it nicely, it’s called professionalism, and to put it bluntly, it’s called social phobia! I was so nervous when I went to Binance live broadcast that I not only stuttered but also almost said the wrong thing. Later, I tried a few times before I slowly got better. I was like they didn’t know me anyway, and they wouldn’t remember what I said.
Where will the future of the cryptocurrency market go? The future I can foresee is as follows:
1. The crypto space is a very suitable place for gambling and getting rich quickly. As long as you're lucky enough and bold enough, getting rich is certain, although the probability is very small because it is gambling. As long as you dare to rush into low-quality coins and leverage contracts heavily, there is an opportunity; this trend will not change in the future.
2. 99.99% of the coins in the crypto space are worthless, relying on narratives to create bubbles and harvest profits; the future will be the same, but due to stricter laws and regulations, it will gradually move on-chain to evade supervision.
3. During this time, the bubbles of non-mainstream coins from the last bull market and the one before that will continue to struggle; this trend will persist for a while, with performance resembling drops of 100 times and rises of 5 times.
4. The trend of tokenizing stocks will lead to the integration of traditional finance and blockchain technology, making things increasingly convenient and efficient in the future.
Today during the live broadcast, a cryptocurrency friend reminded me that the U.S. has deployed troops to Iran. After the broadcast, I verified that the USS Lincoln carrier strike group has already arrived in the Middle East!!!
Referring to the way the U.S. dealt with Venezuela, the U.S. could strike at any time, and it’s very likely to happen on the weekend, as striking on the weekend won’t affect oil prices.
Recently, the price was around 58-59, and it has now risen to over 61. I’m very worried that the U.S. will take action tomorrow or the day after. We need to be on the defensive!
Some time ago, there were indications that the U.S. would take action, and the USS Lincoln has already been preparing for battle.
Trump must have plotted the K-line well; he is definitely going to make a profit. The script is basically a sharp decline followed by a V-shaped recovery, or it may not fall, but after a surge, there could be a crash.
I think this time it might be the opposite, first pulling up and then crashing! Waiting for time to verify, at this point, it's best not to make contracts. Buying spot during a decline is the safest, and when it rises, having spot is the way to steady happiness!
Recently, everyone has been focused on Davos, but they haven’t noticed that the U.S. heavy troops have already arrived in the Middle East!
Impulsively opening a position, I was a bit off today because of river, not that I lost much, just that uncontrollable feeling, which made me uncomfortable. I initially predicted that Bitcoin would go near 914, entered at 889, with a stop loss set at 884. The risk-reward ratio for this trade was excellent. However, influenced by river, it rose to 897, and I closed half of my position, but my take profit at 891 was hit, and then it took off.
At that time, near 904, the students mentioned that tomorrow is Saturday, which basically means a choppy market. It was fine to short at 904, but after I shorted at 90154, I felt something was off. I couldn't identify the choppy range because there was no closing line. I mentioned during the live session that I could only take 500-1000 points, and it was best to wait for a closing line to open a short on Saturday.
Just now, Bitcoin surged to 9117. My prediction of the rise was correct. When it reached near 914, because I was live streaming while trading, I made a mistake and only entered 500 at 910 to average down. Now I'm in profit, and I feel like heaven is helping me, knowing that something was off, and I made an error by entering less, giving me a chance to rectify it.
It was not appropriate to short at 904; first, there was no closing line, and the trend was unclear. Second, the resistance level was not a point to open a position. Third, I need to observe the second half of the market from the US.
This trade was profitable because heaven blessed me, and I sincerely apologize for the emotional atmosphere in the live stream. I hope everyone didn't lose money; I'm very sorry.
As a trader, one must think independently, analyze calmly, and not follow others' emotions. Always maintain a 'NO' mindset. If you don't want to trade, then don't trade. River should cut off its own hands. Bitcoin this time too, damn, cut off both hands, and in the future, trade with my feet!
Nasdaq applies to cancel the position limits for Bitcoin and Ethereum ETF options contracts.
This indicates that there will be more and more traders in the Nasdaq index contracts, and the volume of funds will increase, so it is essential to closely monitor the data of ETF contracts.
The entry of large funds from Wall Street into contracts raises the requirements for traders dealing with major contracts. As volatility increases, the fluctuations of other altcoins will also become more intense, so be sure to protect your principal.
Japan's interest rates remain unchanged, the small crisis has been resolved, but the momentum for Bitcoin's rebound in a bear market is not strong enough.
I just tried to open a short position on $RIVER , but it's really unplayable. I tried 10 times, each time with 10 oil, 5-50 times leverage, and tested both isolated margin and cross margin, all resulting in losses.
The main issue is that compared to Bitcoin, there is no way to predict where the upward and downward points are. Setting stop-loss and take-profit is very difficult; I tested from 1 minute to 15 minutes, and none of it worked. There is absolutely no technical analysis; it's all based on feelings, and I can't do that.
My trading system is: if I can't do it, I just do it! What annoys me the most is that I have to keep an eye on the fees, which are charged once an hour. Damn, it's really disgusting! The fee time is coming up, and if I'm at a loss, I still have to close the position; if I don't close it, the loss will be even greater.
I truly admire those who dare to trade these altcoin contracts; I can't do it. I feel that if I play too much, my mentality will definitely collapse, and I'll end up losing more!!!
Maybe my ability is just not enough. I give up. The painful memories of being completely defeated by altcoins are resurfacing again.
2026.1.22 Live Summary, please listen to the replay for details.
I wanted to empty $RIVER yesterday, but didn't take action. It rose to 62 and today it plummeted to over 40, mainly because the fees are too high. If the drop isn't enough, it's impossible to make a profit; I've already paid the fees. I'm still waiting now, not taking chances, not entering, at least not losing money.
I entered sd yesterday, let's see if it pushes up. I also bought a bit of ltc.
The overall trend is downward, so be cautious of defense. $LTC
From a technical perspective, Bitcoin has technical support to rise to 920, because previously when the market shifted from bull to bear, there were often issues and black swans when technical rebounds were expected.
Now, let's first observe whether Bitcoin will break below 885 tonight, or if a large bearish candle will go down and not recover. If that happens, the probability of going up to 920 will be very small, so we need to be cautious.
If BlackRock does not sell tonight, the overall outlook is still bullish. Last night, the live stream's bullish prediction was incorrect; the data shows that the ETF sold over 300 Bitcoins yesterday, which is relatively low.
The overall trend is still downward, so don't be too optimistic. My current strategy is to short when it rises and to buy spot and long positions when it falls.
I mainly closed some long positions in alternative coins—although it did not perform as expected, making a profit is already a challenge. The core Bitcoin long position is still maintained, but cash reserves have been significantly increased, waiting for the next wave of market layout.
This week's market trend is really hard to predict, so I decided to stay on the sidelines. From a higher time frame, the situation does not look good, and I expect the price may continue to dip. I was hoping that the New Year rally could help break through the $100,000 mark, keeping pace with other risk assets, but it seems that hope has been dashed. All markets have completely collapsed, falling to the bottom once again.
The overall trading logic of the dove trader is still quite good and can be referenced for learning.
CZ Davos Speech Summary: The future looks promising for three main directions: tokenization, payments, and AI. Establishing a global regulatory framework for cryptocurrency still faces challenges.
I think we should also add a RWA and privacy track, and a public chain is needed for payments.
If we want to make a long-term investment, we should definitely select coins from these tracks.
I took a serious look at CZ's content, which is worth learning from, and I will share my views in tonight's live broadcast.
There is an iron rule in the cryptocurrency world: whatever Sun Gu invests in will drop, and whatever Sun Gu participates in will also drop!
This curse has never been broken, perhaps this is fate. Sun Gu invests $RIVER , this currency is not far from dropping. If you have the spot, I remind you to be careful about selling, don't get trapped. If you want to short, yes, I want to short too. I looked at the fees, and they are -2!!! Suddenly, I dared not short. Wait until the fees drop, then I will go short on it.
As long as I can short it, and it can’t explode, I will hold on until it drops to the bottom!
Last night's sudden drop of Bitcoin was quite surprising. The live stream had already ended, and Bitcoin was performing well as predicted.
Then a student reminded me about the crash. My first reaction was that the market makers were up to something. At the same time, another student told me that Denmark had rejected the U.S., and I immediately thought it wasn't bad news; a thought popped into my head: an opportunity was coming.
During last night's live stream, I was prepared for a rise, so I didn't open any long positions on Bitcoin myself and didn't enter the spot market. When this opportunity arose, I was waiting for it to break below 879. Once it broke, it would be the time to enter. Watching the price drop little by little was quite exciting because I knew that once it broke, I would be making money—at least there was a high probability of making money. Once it dropped as I expected, I immediately entered the amounts for spot and contract trading, waiting for the confirmation of the upward signal, which confirmed around 877, and I entered!!!
After entering, I quickly confirmed the take profit and stop loss levels, stop loss at 86661, take profit at 901, 914, 924, 938.
Then I waited to reap the rewards. Of course, it's also possible that I misjudged the market, and the spot could continue to be trapped while the contract hit losses, and then it surged all the way to 904. Perfect, I took some profits, and the rest was up to my discretion.
Many crypto friends might find it strange that I didn't enter at 882 while waiting to short, but I went long and added to the spot at 877! I can only say that you see the price has reached, but I see that the trend is coming; it's time to reap the rewards. How to understand this? For example, Bitcoin is still at 40,000; if you enter during an upward trend, you make money, but if you enter during a downward trend, you get trapped. The same price leads to different outcomes.
The U.S. and NATO have basically reached an agreement, and next, we might see a reversal towards bullish. Tonight, it's highly likely to surge upwards! Key levels above are 914, 928, 933. Since I entered the spot again at 877, those trapped at 950 and 925 have been freed—perfect.