In the last bull market, I made eight figures from 100,000, having traded cryptocurrencies for ten years. Now, I trade cryptocurrencies full-time, having learned this seemingly foolish trading method from me. Since then, it has been like I have been playing with cheats in the crypto world, with a green light all the way.
Ten years ago, I was a taxi driver. Later, I got involved in the crypto world and started to study trading seriously. I achieved a life turnaround through trading, and my assets have now reached eight figures.
The method I use is actually very simple! In the early competitive landscape of the crypto market, the time difference between the East and West forms a unique pattern — the Western trading period (from 22:30 Beijing time to 7:30 the next day) is often a key window for market explosions, especially during the early morning, where significant fluctuations are more likely to occur.
Therefore, mature traders often choose to take a break at 20:00 and precisely monitor the market at 4:00 AM to seize opportunities. These experiential rules are worth referencing:
1. Intraday rhythm judgment: If the domestic market continuously declines during the day, one can cautiously buy the dip, as the active night period often sees price increases; conversely, if there is a big rise during the day, do not chase high prices, as the night market has a high probability of correction.
2. Technical signal identification: The deeper the "pin bar" on the candlestick chart, the more it often indicates a trend reversal, which is an important buy/sell reference signal.
3. News response: Before significant positive news is announced, the market often speculates in advance, making it easier to see a "sell on the news" phenomenon after the announcement.
4. Group psychology gaming: Popular cryptocurrencies that are excessively promoted by communities often hide risks; on the other hand, neglected potential coins may experience explosions. When most people become euphoric due to surging prices, one must remain vigilant about the risk of correction.
Trading is full of "traps": Holding large positions can easily attract attention leading to liquidation; after a stop-loss, the market may immediately turn around, suddenly reverse before breaking even, or quickly spike after taking profit. These seemingly coincidental phenomena are actually the norm of market competition. When the market rises broadly, enticing retail investors to chase prices, one must stay clear-headed — this may be the FOMO (Fear of Missing Out) trap set by the market makers.
Essentially, the crypto market has a high possibility of manipulation. Traders must remember the strategy of "taking action after observing," and never rashly enter before clarifying the trend to avoid becoming lambs for the slaughter. The core of trading is the game of patience, composure, and timing. Only by strictly adhering to position control and establishing an independent judgment system can one stand firm in the ever-changing market.
Public Account: Trend Prediction
