12 unwritten rules of the cryptocurrency circle (suitable for beginners to collect)
In the cryptocurrency market, the market movements are often not random fluctuations, but followable patterns. Here are 12 'unwritten rules' summarized by senior players in the cryptocurrency circle; mastering them may help you avoid pitfalls and improve your winning rate:
Time rhythm: Europe and America dominate the market.
The cryptocurrency market often erupts between 9:30 PM and 7:30 AM Beijing time. If there is a continuous drop during the day, it is often a good opportunity to buy; conversely, if there is a significant rise during the day, there is a high probability of a pullback at night.Night trading is key, and your schedule needs adjustment.
Qualified traders often rest at 8 PM and wake up at 4 AM. Catching the Europe and America trading sessions is key to grasping the main force's movements.Pin signal: A barometer of long-short battles.
The more obvious the long shadow (pin) on the K-line, it usually means the buying or selling power in that direction is stronger, serving as a key signal to buy or sell.'Good news fully priced in is bad news' is not a joke.
Before major meetings or good news announcements, the market often rises in advance, and once the news is released, it is more likely to drop.Community hot discussions ≠ investment opportunities.
Coins that are heavily discussed and repeatedly praised in the community have often been sold off by market makers at high prices. Treat with caution, and consider reverse operations.Projects you look down on might actually surge.
If you instinctively feel that a certain coin is 'unreliable', it might actually be the target for market makers to accumulate at a low position. Keep an open mind and try small positions.Heavy positions definitely lead to liquidation? The probability is indeed not small.
Emotional fluctuations, being forced to monitor the market, and the exchange targeting your liquidation line - these are all common 'tragic cycles' under high leverage.After a short position stop-loss, the price immediately drops.
Common phenomenon: you just stopped your loss and exited, and the market immediately reverses in the direction you originally predicted. This is a routine operation of the main force to 'trap shorts' or 'clean out'.Close to breaking even, yet always one step away.
The market suddenly drops just as you approach breakeven, which is not a coincidence, but a tactic by the market makers to make you miss the best exit point.You just took profit, and the market starts to surge.
Before the market makers pump the price, they often need to 'clear the cars and lighten the load'. You take profit and exit, making it convenient for them to start.Emotions are high, and a market crash is imminent.
When you start to get excited and fantasize about financial freedom, the market is likely nearing its peak. The market makers are waiting for you to step in.When you have no money, the whole network is full of opportunities.
When you're broke, it seems like all coins are rising, tempting you to 'go all in'. In fact, this is the stage where FOMO emotions are most likely to spiral out of control.
Summary:
The cryptocurrency market is not an absolutely fair market. 80% of the volatility may be artificially controlled. Only by managing positions, rational entry and exit, and following trends can you carve out a path in the 'financial maze' set up by the market makers.
Remember: Do not enter the market easily without understanding the main force's intentions.
Trading is not about fighting the market, but about playing along with it.#MichaelSaylor暗示增持BTC #美国加征关税 #加密市场回调
