Conversation Record: HighFreedom Discusses Trading Strategies and Market Outlook

HighFreedom shared his trading strategies and views on the market:

1. Trading Strategy:

• Earn directional money: Hold Bitcoin without moving it to earn overall appreciation benefits.
• Make money from volatility: Go long in cryptocurrency at the right time to increase Bitcoin holdings.

2. View on the current market:

• The sharp declines in July and August were due to the liquidation of leverage both on and off the exchange.
• Currently in the bottom area, a new rise may come in the fourth quarter.
• Bitcoin is expected to reach $100,000 to $150,000, and altcoins will also have a market.

3. Recommended metrics to pay attention to:

• The holding situation of long-term and short-term holders
• The performance of risk assets in the US stock market, such as Russell 2000, ARKK, etc.
• VIX Fear Index

4. Advice for beginners:

• Obtain CFA Level 1 qualification, systematically learn financial knowledge
• Analyze the Token gainers list every day to develop a market sense.
• Learn on-chain analysis and project fundamental analysis

5. Recommended Traders:

• Fu Peng: has in-depth insights into U.S. dollar assets
• Arthur Hayes: proficient in U.S. macro analysis
• Victor: Veteran of the cryptocurrency field, fund manager
• Benson sunong: Provides useful cyclical indicators

HighFreedom believes that the market is currently in the bottom area and is expected to welcome a new round of increases in the fourth quarter. He predicts that the price of Bitcoin may reach around $100,000 by the end of the year.