I am Caiyue, with six years of ups and downs in the crypto world, from 80,000 capital to financial freedom. This market is never short of opportunities, but what it lacks is the clarity that comes from respecting the rules. Today, I will condense six years of survival principles into six points, each one a realization gained through real money.
1. Rapid rises and slow declines are consolidation; the guillotine is truly dangerous.
After a surge in price, the subsequent slow decline is actually the dealer shaking off chips. The real trap is the one-sided plunge after a surge—this is the ultimate form of baiting the bulls.
2. Rapid declines and slow rises indicate distribution; don't be a bag holder.
After a waterfall decline, if the rebound is slow, it often means the main force is distributing chips. A true bottom rebound must be accompanied by a surge in trading volume, not a snail-like crawl.
3. High volume at high prices can still rise; low volume at high prices means run quickly.
When prices hit new highs and volume continues to expand, it indicates that funds are still in play; if high prices show shrinking volume like dead water, a collapse can happen in an instant.
4. Be wary of unusual movements at the bottom; sustained volume is genuine.
After a long period of slow decline, a sudden spike in volume may be a fake move by the main force. The true signal for building positions is a sustained gentle increase in volume after a period of low volume consolidation, with price and volume resonating upwards.
5. The relationship between volume and price is core; emotional fluctuations reveal the truth.
K-lines are the skin of the market, while trading volume is the pulse. When price and volume diverge, it is often a precursor to a trend reversal.
6. The state of egolessness: the ultimate cultivation of a trader.
Without obsession, one can hold cash and wait for certain opportunities; without greed, one won't add chips at the top; without fear, one can dare to position against the trend during the coldest periods. This is not a Buddhist mindset, but a clarity forged through countless trials.
Opportunities are reserved for those who survive.
In the crypto world for ten years, I have seen too many 'genius' flashes in the pan. The market never rewards cleverness, only respects the rules. Follow Caiyue, as I analyze market signals daily, capturing certainty in chaos. Markets may perish, but survival principles endure. #加密市场回调