1. Don't be attached to hot coins; when altcoins have made a certain profit, it's time to switch. Trying to hold on from start to finish will inevitably lead to disappointment. The reasoning is simple: altcoins cannot rise indefinitely. If they've surged, it's time to switch; otherwise, they'll drop back to where they started, and it will all have been in vain, like with last year's FIL and LUNA.
2. When a coin is consolidating at a high level before making a new peak, seize the opportunity to sell; when it's consolidating at a low level and making new lows, a good opportunity is likely to arise. When the price creates a new high after consolidating at a high level, be cautious of the main players trying to induce buying; don't hesitate to reduce your position or exit. Conversely, if the price makes new lows after consolidating at a low level and quickly rebounds, it's likely a final washout by the main players; at this time, remain steadfast and resolute.
3. When the market environment is poor, a coin's price may rise against the trend; a small rise against the trend can lead to a big increase. Conversely, when the market environment is good, a coin's price consolidating against the trend often results in a small decline, and a small decline against the trend can lead to a significant drop.
4. Add to your position when making money, and don't average down when losing. This may challenge the understanding of many seasoned traders. We should increase our position when the coin price breaks above its previous high, not when it’s continually falling. Averaging down in a downtrend only increases losses, ultimately leading to paralysis. We must cut losses and let profits run.
5. As long as you identify the bottom price, it generally will increase in a pattern of two up and one down. At this time, don't doubt it; usually, a big surprise follows. Especially when in a trending upward phase, the price rises while washing out positions; don't exit lightly.
6. Top traders first look at the sector, second-tier traders look at single coins, third-tier traders look at indicators, and bottom-tier traders just gamble. This means that when we want to buy a particular coin, we should first look at the sector; only by engaging with hot sectors can we attract higher interest and success rates. Only focusing on tokens is for beginners, while those who consider everything are gamblers.
7. Indicators change with volume and price, so volume and price are the roots of indicators. If you trust indicators without considering volume and price, you'll be in trouble trading coins. Indicators are calculated based on coin prices and transaction volumes, so true technical analysis requires observing volume and price; price increases need substantial capital to drive them.
8. In an upward trend, look for support; in a downward trend, look for resistance. When the coin price is in an upward trend, trading based on support lines has a high success rate, providing opportunities for buying on dips. Conversely, in a downward trend, operating around resistance lines has a high success rate, offering opportunities to short or exit.#币安八周年 #突破交易策略 #美国加征关税 #日内交易策略 #山寨币ETF进展