From 8000 to 20 million in the cryptocurrency market, the most effective strategy boasts a success rate of 95%. This is based on the following four indicators. If you learn them, it is entirely possible to earn 1 million from an initial 100,000!

Among friends trading cryptocurrencies, some are deeply immersed in studying various indicators; others believe that the current size of the cryptocurrency market is too small and insist that technical indicators are useless. Those who think technical indicators are useless typically have two common mindsets.

Mindset 1: Trading cryptocurrencies based on technicals is useless; everything is determined by the major players, and only those who understand the technology are deceived.

Mindset 2: I only do long-term investments and do not engage in trading; technical indicators are irrelevant to me.

Regarding Mindset 1: Learning technicals is like learning to drive; mastering a skill means that if your driving skills are poor, you may often get distracted or make selective errors, but that doesn't mean there aren't good drivers in the world.

As a driver, whether you can reach your destination on time relates to whether you know where it is, how well you know the road conditions, whether there is traffic congestion, whether there is an accident, and how well your vehicle is maintained; all of these factors are beyond your control of driving skills.

Technical indicators are certainly not omnipotent; they account for only 30% of overall analysis. In addition to the technical aspect, attention must also be paid to the financial aspect, market sentiment, policies, and fundamentals. Good analysis is a comprehensive judgment based on these five aspects.

Even when major players operate, they won't choose to act when all aspects are favorable; they choose to go against the trend, otherwise, spending a lot of money may not yield results. This helps you understand why technical indicators can easily fail during a one-sided market and why pure technical traders can miss out at the beginning of a bull market—because technical indicators are not the only factor.

Regarding Mindset 2: All investments are aimed at buying low and selling high to achieve arbitrage. The core of investment learning is to find the optimal buying and selling points.

After experiencing a roller coaster ride in the previous round, are you willing to go through it again? When the overall trend is upward, hold your coins; when the trend reverses, it's time to cash out. Don't get it wrong.

Learning to view long-term technical indicators means mastering the steering wheel of your investments; even if you ignore small detours, at least the direction cannot be reversed.