The cryptocurrency market was previously a confrontation between the East and the West. There used to be market activity both day and night, with most activity occurring during Western hours, specifically between 21:30 and 07:30 Beijing time. Major price increases usually happen in the early morning, so a qualified trader goes to bed at 20:00 and wakes up at 04:00 to monitor trades.

1. If there is a continuous decline during the day domestically, one must buy the dip; in the evening at 21:30, foreigners will pump the market.

2. If there is a significant increase during the day, do not chase the high; it will fall back in the evening.

3. The key signal for buying and selling is the pin bar; the deeper the pin goes, the stronger the buy and sell signals.

4. Major meetings or positive news will lead to price increases, but once the news is out, the price will drop.

5. In group discussions, community suggestions to buy coins might sound appealing, but you could easily get trapped; opposite actions are often better. If a coin is hot and trending, you can short it immediately.

6. If a group member recommends something you're not interested in, it’s highly likely to take off; when in doubt, it's worth trying a small amount.

7. When you hold a large position, you are likely to get liquidated. Why? Because you are on the exchange's focus list for liquidations.

8. After your short position's stop-loss is triggered, it will definitely drop; if they don't trick you into selling or force a liquidation, how could it drop? For example, TRB.

9. When you are on the verge of breaking even, and just need a little push, the rebound suddenly stops; how could they let you exit and escape?

10. When you take profit, the price will soar; if you don’t exit, how can they lift the price? The position is too heavy.

11. When you are excited, a waterfall of price drops will arrive as expected; your excitement is also a trap set by the big players.

12. When you are broke, and every project is rising, it makes you FOMO and rush to enter the market. Therefore, you must understand that the market is manipulated over 80% of the time; besides controlling your position, you must also be proactive. Before confirming the big players' actions, never jump in; once you do, the exchange is the butcher, and you are the fish. Trading is a battle of patience, composure, and timing.

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