Copy Trading Master’s Winning Strategies Review — Episode 66
Easy Copy, Smart Trade! Discover the winning strategies of our popular traders.
- Copy Trading Master’s Introduction
User Nickname: BlingBling~
Trader’s Profile: https://www.lbank.com/copy-trading/lead-trader/LBA3D77565
Trading Style: Swing Trading
2. Trade Operation Recap
With a full position and 5x leverage, we go long on GRASS at an entry price of 1.5517 USDT and exit at 2.8799 USDT, yielding a return of +427.99% on this trade. See the image below:
3. Trade Review
3.1 Market Background
On Friday, November 1, the U.S. Bureau of Labor Statistics reported that non-farm payrolls in October had plummeted to just 12,000, a sharp decline from 254,000 in September (revised to 223,000), the lowest level since 2020 and well below the expected 100,000 increase. The unemployment rate for September remained unchanged at 4.1%, consistent with both forecasts and the previous month’s figure, though the unrounded rate was 4.14%, up 0.09 percentage points from the prior month.
On November 6, Fox and several other U.S. media outlets projected that Republican candidate Donald Trump had already secured at least 270 electoral votes, effectively clinching the victory in the ongoing U.S. presidential election. Furthermore, according to the latest data from the Associated Press, Trump is also favored to win the seven critical battleground states (totaling 93 electoral votes) that are pivotal for both parties.
On November 7, following the Federal Open Market Committee (FOMC) meeting, the U.S. Federal Reserve announced a reduction in the federal funds rate target range from 4.75%–5.0% to 4.5%–4.75%, a 25 basis point cut, half of the previous reduction in September. This marks the second consecutive rate cut after the Fed initiated its easing cycle in September, the first such move in four years.
3.2 Trade Analysis
From October 22 to November 11, Bitcoin’s 4-hour chart revealed a strong rally, breaking through previous highs and setting a new all-time record. The price fluctuated between $65,000 and $82,000, as illustrated in the image below:
On November 1, the U.S. Bureau of Labor Statistics reported a sharp drop in non-farm payrolls for October, with just 12,000 jobs added, down from 254,000 in September — its lowest level since 2020 and well below the anticipated 100,000. After the data was released, Bitcoin surged initially but then retraced and consolidated.
On the same day, Polymarket indicated a decline in the probability of a Trump victory, as the U.S. presidential race grew tighter. In a surprising turn, Democratic candidate Harris led Trump in Iowa, a traditionally red state. The “Trump trade” weakened, leading both the dollar and Bitcoin to retreat. As the polls caused some investors to scale back their positions, the Bloomberg Dollar Index dropped by nearly 0.7%, marking its steepest decline since August.
On November 5, during the Asian trading session, the final pre-election poll showed Harris pulling ahead of Trump in terms of support, causing a slight dip in the cryptocurrency market.
On the 1-hour chart, GRASS exhibited a triangle consolidation pattern, signaling the potential for a breakout. With the U.S. presidential election approaching, market volatility was expected to rise significantly. At this point, it was advisable to open low-leverage long positions on GRASS.
On November 5, as U.S. voters began casting their ballots, Polymarket’s probability of Trump winning surged from 62% to around 80%, indicating growing market confidence in his victory.
In the early hours of November 6, after polling concluded in most U.S. states, with more than 90% of votes counted, former President Trump was once again declared the winner, securing his position as the new president.
The cryptocurrency market responded with a sharp rally. Bitcoin broke past the $74,000 mark and continued its upward trajectory. By November 8, GRASS reached a new high of $3.95 before pulling back. Simultaneously, Bitcoin continued to fluctuate upward. On November 11, long positions in GRASS were gradually closed out in phases, as shown in the image below:
3.3 Winning Strategies Summary
How to Capitalize on Altcoin Volatility?
- Project Selection: Opt for projects that are already listed on leading exchanges, prioritizing newer projects.
- Timing: Engage only during periods when Bitcoin’s trend is bullish.
- Leverage: Exercise caution with leverage, ensuring it doesn’t exceed 5x.
- Exit Strategy: Lock in profits promptly, as most altcoins ultimately face significant downtrends.
Note: Personal opinion, for reference only. Opportunities and risks abound, always do your research before investing.
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