Why are people in the crypto world night owls? There’s a reason for that.
My mentor couldn't resist my persistent questioning and finally revealed the timing rules he has learned over ten years in the crypto space, making the trading path a little smoother. (I suggest liking and saving this to avoid losing it later.) Here’s the practical advice:
1. In most cases, Bitcoin (大饼) serves as the directional indicator for the crypto market's rise and fall, while Ethereum (二饼) tends to be very strong and can sometimes move independently, while altcoins (山寨B) generally cannot escape its influence;
2. Bitcoin (大饼) and USDT move in opposite directions. If you notice USDT rising, be cautious that Bitcoin may fall. When Bitcoin is rising, it’s a suitable time to buy USDT;
3. Between 00:00 and 01:00, price spikes often occur, so crypto friends in China can try to place a low buy order for their desired coin before sleeping and a high sell order; you might just make a profit while you sleep;
4. Every morning from 06:00 to 08:00 is a good time to assess whether to buy or sell, and it’s also a key point to determine the daily price trend. If the price has been falling from 00:00 to 06:00, and it continues to drop during that period, it’s a buying or averaging opportunity, and it’s likely to rise for the day. If the price has been rising from 00:00 to 06:00, and it continues to rise during that period, it’s a selling opportunity, and the price is likely to fall for the day;
5. At 17:00, there’s an important point of attention in the crypto community due to time zone differences, as Americans wake up and start trading, which may cause significant price fluctuations. Some major rises or falls have indeed occurred at this time, so it’s crucial to pay attention.
6. There’s a saying in the crypto world about “Black Friday.” There have been several instances of a significant drop occurring on a Friday, but there have also been cases of significant rises or sideways movements, so it’s not particularly reliable.
