Six iron rules for trading coins; remembering them can help you avoid pitfalls!

Don't panic sell during rapid rises and slow declines: After the coin price rises rapidly, if it slowly retraces, don't rush to cut losses. This trend is often a market maker washing out positions, aiming to shake off retail investors who can't hold. The real danger is a sudden 'guillotine' drop after a sharp rise – that is the trap for those lured into buying the highs, so stay alert.

Don't impulsively buy the dip during rapid declines and slow rebounds: After a waterfall-style drop in the coin price, don't act impulsively to catch the bottom! This is clearly the market maker offloading, so don't fantasize that 'after enough of a drop, there should be a rebound'; the last wave of false rebounds is specifically designed to trap those who think they can outsmart the market.

Don't be afraid of high positions with volume; if there's low volume at a high position, run away quickly: When the price of a coin rises sharply with continuous volume, there may still be room for further increase; but if the trading volume at a high position is sluggish like 'stagnant water', you must leave immediately! Without new funds entering the market, a collapse can happen in an instant.

Don't get excited about unusual movements at the bottom; continuous volume is the signal: If there is a sudden explosion of volume after a decline, don't be too optimistic too soon; it may be a fake move by the market makers. You must closely monitor 'continuous volume', especially the consecutive volume after a long period of low volume and sideways movement – this is the true signal of market makers building positions.

Trading coins is about people's hearts; don't confuse volume with price: Looking at K-lines is essentially observing market sentiment, and trading volume is the 'barometer' of that sentiment; price is merely a result driven by sentiment, so don't confuse the logic of 'volume' and 'price'.

'Nothing' is the highest level: Without attachment, you can hold cash for key opportunities; without greed, you won't blindly chase highs; without fear, you can dare to position yourself at low levels. This is not about being zen; it's about the top-level trading mentality – if your mindset is stable enough, you can navigate the market trends.