Six Key Phrases for Short-Term Trading in Crypto, Each Strike Hits the Mark

In the realm of short-term trading in crypto, there are numerous secrets that can help you avoid traps and seize opportunities. These six key phrases directly hit the core, and mastering them can make your trading journey smooth sailing.

The Law of Trend Change: When the market is consolidating at a high level, don’t rush to enter; the market maker is likely to create a 'false breakout', just waiting for you to take the bait. Similarly, when the market is grinding at a low level, don’t let your guard down; a sharp drop often lurks when everyone feels desperate. Remember, until the direction of the trend change is clear, controlling your hands is more important than anything else; these hands are more precious than gold.

Consolidation = Death Trap: Data shows that 80% of liquidations happen during consolidation periods. Those who can’t resist the urge to trade frequently during this time often end up with significant losses, and now they probably don’t even have the chance to regret it.

Buy on Dips, Sell on Rallies: Counter-trend trading is the way of short-term trading. When a candlestick closes with a large bearish candle that looks intimidating, don’t be afraid; this is actually a great opportunity to make money. Conversely, when a candlestick closes with a bullish candle, seemingly showing great potential, it’s wise to decisively sell and secure your profits.

The Principle of Accelerated Decline: The speed of a price drop is closely related to the strength of the subsequent rebound. The slower the drop, the gentler the later rebound, which is typically less rewarding; however, if the drop is rapid and resembles a waterfall, the rebound is usually more violent, so be ready to gather your money.

Pyramid Positioning Strategy: This is a secret that Wall Street bigwigs are reluctant to disclose. In the bottom area, increase your position by 10% for every 10% decline, which can significantly lower your cost price, making it so low that it could make market makers cry in the bathroom, allowing you a greater advantage in the subsequent uptrend.

Trend Change Liquidation Rule: When a coin starts consolidating after a sharp rise, don’t be greedy; first withdraw your principal, leaving the profits to soar freely. If a coin enters consolidation after a sharp decline, don’t hold onto false hopes; cut your losses quickly, faster than Bruce Lee’s punch, to avoid greater losses.

Master these six key phrases, and strong recovery and doubling your assets are not just dreams. Keep up with the rhythm, lay out your strategies in advance, and you can easily reap significant profits!