Family, many people think that the crypto world relies entirely on luck, but that's not the case. Although the market seems chaotic, there are always patterns. Over the past few years, the market rhythm has hardly changed: the East-West game, with the market mainly concentrated in the time period after the US stock market opens, which is from 9:30 PM to 7:30 AM Beijing time.
To survive in this market for a long time, one must follow the routine—smart traders sleep at 8 PM and wake up at 4 AM, monitoring the market, reviewing trades, and waiting for signals.
A few experiences worth noting down👇
1️⃣ Prices often drop during the day and rise at night. When the domestic market is all green during the day, foreigners often take over and counterattack at night.
2️⃣ Prices soar during the day and are prone to corrections at night. Don't let short-term emotions dictate your rhythm; fast-rising markets often correct at night.
3️⃣ "Pin bar" is a key signal. Whether it's an upper shadow or a lower shadow, the deeper it goes, the clearer the reversal signal.
4️⃣ Prices rise before good news is realized, and fall after the news lands. Never chase after the news.
5️⃣ The more lively the coin in the group, the more cautious you should be. When everyone is excitedly discussing a project, the main players are mostly ready to offload.
6️⃣ The opportunities you hesitate over are often the ones to make money. True dark horses take off amidst doubts.
7️⃣ Heavy positions are the root of all evil. If you watch the market too closely and have too heavy a position, the exchange is watching people like you.
8️⃣ After stop-losses are triggered, there is often a large reversal in the market. Getting "washed" out is their goal.
9️⃣ The rebound often comes to an abrupt stop when you are close to breaking even. The big players won't let small investors escape easily.
🔟 After taking profits, the market soars. The market needs you to exit for the main players to have room to drive the price up.
1️⃣1️⃣ When you are excited, danger is already close. Overheated emotions are a signal of a top.
1️⃣2️⃣ When you are broke, the whole market skyrockets. FOMO is a trap that harvests the last wave of people.
80% of the volatility in the crypto market is not a "natural trend," but rather a "psychological battle" led by large funds.
Those who can truly win are not the ones who guess the right direction, but those who are patient, disciplined, and know how to wait.
Old Cai often says: It's better to follow the right rhythm than to venture into the market alone.
The market is always there, but opportunities are only left for those who understand the rhythm and can hold their positions.