The strategy to go from 500u to 5000u is actually very simple!!!
1. Bitcoin is the market leader
In most cases, Bitcoin is the leader of price fluctuations in the crypto space. Ethereum and some strong-quality coins may sometimes decouple from Bitcoin's influence and develop independent trends. Altcoins generally cannot escape Bitcoin's influence.
When Bitcoin rises, focus on strong mainstream coins, especially projects with a lower correlation to Bitcoin. If Bitcoin's price is volatile, it might be an opportunity to invest in altcoins.
2. Bitcoin and USDT move in opposite directions
The rise and fall of USDT reflects market risk aversion: USDT rising → indicates funds fleeing the market, possibly a signal for a downturn. USDT falling → indicates funds flowing into the market, possibly a signal for an upturn. When USDT is rising, do not rush to buy the dip; first observe the market's panic sentiment. When USDT is falling, it could be an opportunity for the market to start, consider buying.
3. The "spike" effect between 0:00 - 1:00
During this period, market liquidity is low, and large funds can easily manipulate the market through spikes.
Place "buy low sell high" orders between 0:00 - 1:00 to profit from the brief fluctuations caused by spikes. When using high leverage, it is recommended to set stop losses to prevent liquidation from spikes.
4. 6:00 - 8:00 in the morning is a window for intraday trend judgment
This period can be seen as the market's "morning session": if there is a decline overnight and it continues to drop from 6-8am → buy signal; if it rises overnight and continues to rise from 6-8am → sell signal.
Response strategy: Combine candlestick patterns and trading volume to confirm the trend direction. If the trend continues from 6-8am, follow the trend.
5. Hold coins and wait for a price rise strategy
Mainstream coins supported by trading volume typically experience short-term declines due to emotional factors, but may recover in the long run. Gradually increasing positions can lower holding costs. If prices drop, gradually increase positions to reduce costs; if funds are insufficient, maintain patience and avoid cutting losses at low points. If the price is below the 30-day moving average for more than 3 days, strict stop-loss measures must be taken.
