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Why do most traders find it difficult to achieve consistent profits? The fundamental reason is often not a lack of understanding of the market, but rather an overly impatient mentality, excessive Position allocation, and unclear trading rules. Many people find themselves in a dilemma when faced with floating profits: they worry about potential drawdowns as soon as they see profits on the books; when they encounter a slight pullback, they are eager to close their positions and exit. However, the market often continues to develop in its original trend after they exit, resulting in repeated operations that make it difficult to fully capture a market cycle. To effectively hold profitable positions, the primary task is to establish a clear profit-taking mechanism rather than relying on subjective feelings. Whether using a fixed profit-loss ratio method, a price structure breakout method, or a moving average system exit method, the key is to formulate clear rules in advance and execute them resolutely. Secondly, it is crucial to reasonably control the Position. An overly heavy Position can amplify psychological pressure, making it difficult for traders to withstand normal market fluctuations, leading them to exit too early during short-term pullbacks. Conversely, a moderately light Position can help maintain a balanced mindset and give more courage to hold potential Positions. Finally, it is essential to accept that market fluctuations are the norm in trading. Prices rarely move in a straight line, and it is entirely normal to experience oscillations and adjustments along the way. As long as you do not violate the established trading rules, you should maintain position discipline and patiently wait for the market to develop.

With the limitation of earning only 16 points per day, we are getting closer to the end of this event. In the future, it may only be possible to claim rewards once or at most twice a month, and the motivation to continue participating is diminishing. Currently, about 90,000 people are earning 16 points, and another 25,000 have reached the level of 17 points. In total, around 130,000 users have achieved the standard of earning over 16 points. Based on this trend, it is very likely that the points threshold will not drop for two reasons: first, the number of high-scoring users is quite considerable, and second, the number of new sign up users continues to increase. Under these circumstances, participation enthusiasm has indeed been affected, and many people are considering quitting after claiming the last reward.

The United States and China conducted difficult negotiations in London lasting 48 hours, temporarily avoiding the outbreak of a full-scale trade war, but the situation remains tense, with August 10 being seen as a critical time point. The most significant outcome of this negotiation is the substantial reduction of tariffs by both parties. The punitive tariffs imposed by the United States on China have been drastically reduced from 145% to 30%, while China's tariffs on the U.S. have also been lowered from 125% to 10%. Both sides have made substantial concessions, demonstrating a willingness to ease tensions. However, there are still many issues behind the facade of reconciliation. The United States has not lifted its chip ban and aircraft equipment restrictions on China, and insists on the legitimacy of its 34% "standard" tariffs. Despite a significant decrease of 34.5% in exports to the U.S. in May, China successfully brought the U.S. back to the negotiating table by leveraging its advantages in rare earth resources. The global market has reacted strongly to this trade friction: the World Bank has lowered its global economic growth forecast, and the President of the European Central Bank has warned that the trade war could lead to a serious crisis in the global economy. Countries related to aircraft manufacturing, such as the EU, Japan, and Mexico, have expressed concerns about the worsening situation. The financial market has also experienced severe fluctuations: rare earth-related stocks have surged, especially the performance of related companies in the Shenzhen area; at the same time, the US dollar has shown a downward trend, reflecting the uncertainty in the market. In the current situation, the Trump administration is prepared for possible tariff measures, while Beijing holds the key leverage of rare earth resources. The actions of both sides before August 10 will determine the next steps in the trade relationship, and market participants need to closely monitor developments.

Sigh, seeing so many people being played for suckers in the market is really frustrating. Why are so many newbie investors unwilling to think independently? Don't they realize that so-called online opinion leaders often have negative connotations? Can what they say really be trusted? Take that 8000 no wear brush thing for example. If you think about it a little, if this is truly a great opportunity to make money, would those people be promoting it so openly to you? As a result, there were indeed some overly confident individuals who tried it and ultimately suffered heavy losses, rendering months of effort futile. This is a typical consequence of blindly following trends without independent judgment.

In the current Bitcoin market situation, the release of CPI data the day before brought positive signals, directly driving a strong rise in prices during after-hours trading in the stock market. The price of Ethereum reached a historic high, and Bitcoin once touched the $110,000 mark. However, strong selling pressure at high levels during night trading led to a price pullback and consolidation. It is noteworthy that, as of now, the key support level of 107290 for Bitcoin has not been effectively broken, indicating that long positions may still have the potential to regain control of the market trend. From a technical perspective, the 4-hour candlestick chart shows that the price of bitcoin is under significant pressure at the key resistance level above, and after adjustment, it has now hit the bottom support area. As long as the support level of 107290 can hold, the subsequent market is likely to continue the uptrend and try to further test the resistance strength above. If this support level is breached, the market trend may turn and investors may need to consider adjusting their strategies. Based on the current market situation, in the short term, the trading idea can consider the layout of long orders at a low level, but it is necessary to closely monitor the changes in the support level and flexibly adjust the position and trading direction. According to the current market analysis, Bitcoin can focus on long position opportunities in the 107000-107500 range, with the target looking towards around 108500; Ethereum can focus on long position opportunities in the 2750-2765 range, with the target looking towards around 2800.