Beginner's Technical Analysis, Veteran's Narrative Structure: The Crypto Space is Not a Financial Market, but a Battlefield of Belief
Beginners often think that the crypto space is just a branch of the financial market: technical analysis, candlestick patterns, moving average crossovers, RSI, MACD... They study diligently and even draw lines more diligently than anyone else.
But veterans already know: the crypto space is not a market that makes money through technical analysis; it is a battlefield of belief driven by narrative and emotion.
When a project's narrative aligns with the trends of the times (such as AI, DePIN, Restaking, meme politics), market attention and funds will tilt towards it; rather than relying on the confirmation of a few candlestick patterns.
Technical analysis can indeed provide trading rhythm in the short term, but it cannot predict "when new narratives will ignite" or determine "which sectors are being targeted by leading funds".
Veterans analyze on-chain heat, community growth, KOL movements, and project dynamics to determine the next explosion point, rather than relying solely on technical indicators to make decisions.
Narrative determines direction, emotion determines intensity, and technology is just an aid, not the core.
Beginners are obsessed with the precision of patterns, while veterans understand the trends of human sentiment.
