Years of practical experience in the cryptocurrency market have led to some operational tips and techniques, which I would like to share with everyone!
1. Cryptocurrency Correlation Patterns
① Bitcoin: In most cases, it serves as the "barometer" for market fluctuations; major cryptocurrencies like Ethereum may occasionally have independent trends, while altcoins are easily influenced by it.
② Bitcoin and USDT: They often exhibit inverse fluctuations; when USDT rises, be cautious of a potential drop in Bitcoin, and consider allocating USDT when Bitcoin rises.
2. Trading Time Techniques
① Late Night "Spike" Period: Domestic cryptocurrency friends can place low buy orders and high sell orders before going to sleep to capture unexpected trading opportunities.
② Key Time Point at 5 PM: The US market is active during this time, so pay attention to price fluctuations; significant rises or drops have occurred here.
③ Black Friday Rumors: Large drops occasionally occur on Fridays, but the pattern is not strong; focus on real-time news.
3. Position and Operation Strategies
① Mainstream Coin Resilience Logic: Stable trading volume coins often recover after a drop (as short as 3-4 days, up to 1 month); if you have the capacity, you can gradually add to your position to reduce costs.
② Spot Investment Principle: Long-term holding usually yields higher returns than frequent trading; patience is key.
4. Core Influencing Factors
① Policy Level: The attitudes of various countries towards cryptocurrency (negative policies can easily trigger declines).
② US Financial Policies: Macroeconomic measures such as tariff adjustments and interest rate cuts directly impact market sentiment.
Risk Warning: Cryptocurrency is highly volatile; it is essential to implement strict risk control during operations!