陈桂林谈交易
陈桂林谈交易
X account name: Chen Guilin
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1. Right now, during Bitcoin's bear market cycle, it's no problem to criticize Bitcoin; if there's no hype and no one talks about it, that's fine too;
2. Bitcoin's cyclical nature still hasn't been disproven, though there are some slight changes. So, according to the cycle, it will come back and go above 126,000.
3. At that time, the teachers currently discussing AI on Twitter will return to talk about Bitcoin, discuss which new sectors have emerged in crypto, talk about the market cap ceiling of MEME tokens in this cycle in billions... they'll talk about certain sectors, certain MEMEs that have created new legends of wealth...
My judgment is: human nature doesn't change, the casino nature doesn't change, crypto won't change. Poor guys, don't even mention Nvidia, Google, or Apple. Bitcoin doesn't even bother to glance at them. I'm not here to invest; I'm here to double my money. If it doesn't double, how can I turn my life around? Can the US stock market give me 100x?
There will always be more poor people in this world. The scenario of the big players harvesting the poor won't change; this is the operating law of capitalist society. We just can't see it now; the timing hasn't come yet.

$CRCL maintain the same view: either invest regularly or wait for the right price to go all in a bit more.
1. This stock is definitely a good stock, but COINBASE's bloodsucking is really damn intense, and it's sucking from the main source of income;
2. Why did it surge so much before? ① Because it was oversold, so when the overall market improves, it can rebound even more strongly, ② There was short-term news driving it (infrastructure bill); but in the long term, for the market to give it an excess premium, it needs to make breakthroughs in income beyond interest income. Currently, progress is indeed rapid, but the proportion of income is still not enough to be convincing;
3. Overall, this stock is highly volatile and worth betting on for the future, but not suitable for going all in. It is suitable as an ALPHA asset allocation.

First, about the operation: I started buying at 232, and by yesterday, I had fully recovered the long NVIDIA $NVDA position that I closed at 239.
1. NVIDIA $NVDA seems to have a curse of falling after earnings reports in the past two years. ① This is because the 20x increase over the previous three years was too high, ② and as the leader in the AI sector, Wall Street might have set too high expectations for it;
2. However, from a technical analysis perspective, the current pullback is just a correction during an uptrend, not a sign that the trend has turned bearish: ① watch for a break above the previous high to confirm a new uptrend, ② observe the expected impulse wave, ③ check if indicators are overbought, ④ see if volatility meets the conditions for action.
The last earnings report that trapped me was HOOD; I hope NVIDIA $NVDA won't trap me. I've made my purchase and am holding on.

1, $BTC 73000 (74000) --- 76000 is the critical boundary for the strength of the entire rebound range, so before confirming a break below this boundary range, the possibility of a downward acceleration is relatively low (Chart 1 BTC);
2, BTC's lowest point only dipped into the 76000 range, and the probability of going directly down from here is very low, after all, this range was confirmed by a pullback when it went up;
3, the altcoin trends are very divergent, $ETH and $SOL, the old No.2 and No.3 of the previous era, are very weak. ETH and BTC have also pulled back to the boundary of two ranges and found support (Chart 2 ETH), but compared to BTC: ① the previous rise did not break higher, ② the pullback is relatively deeper, so it's weaker; SOL directly retraced to where it started rising, not worth paying attention to;
4, each generation has its own star, perhaps focusing on large-cap altcoins means no longer obsessing over ETH and SOL. It has been said before that $HYPE was the first to lead the entire crypto market out of the bear market relative to BTC, really tough, but indeed the K-line structure at this height makes it hard to get in. If BTC can bring it down, I think the priority to get into HYPE should be higher than ETH and SOL, it depends on whether the market gives the opportunity; (Chart 3 HYPE)
5, another one is the repeatedly missed $ZEC. The contracts for this coin are extremely difficult to trade, with huge volatility. For coins like this, I, who have no faith, can't play. It's only suitable for believers who buy spot every time there's a big drop. I won't touch it anymore, you can do as you please, but what can be confirmed is that it is currently one of the few coins in the crypto space with hot money speculating (while most coins have no hot money playing).



Didn't check my phone much over the weekend, glanced this morning and it was 79, now it's 78. The crypto market is still so smooth!
The daily MA200 resistance on Bitcoin is very obvious, it keeps trying to break through but can't, any slight movement just leads to a pullback;
The daily candlestick shows a sneaky bearish engulfing pattern, breaking EMA21 and MA30. The moving average support is as shown in the chart, and the structural support is roughly at the same level. So, first wait until it reaches that level to observe the strength of the support, otherwise there's no need to make a decision yet.
