Today, I have almost traded all the mainstream cryptocurrencies (BTC, BNB, ADA, ETH, BCH, LTC).

Anyway, riding on yesterday's surge, I thought I would take advantage of this trend, expecting at most a slight consolidation today followed by a quick continuation upwards.

At least there would be some fluctuations, but in reality, I was overthinking.

My own judgment was still a mistake.

As a result, a lot of yesterday's profits have basically been given back today.

What should be reflected upon is: when multiple orders do not go according to my expectations, I should just stop. I should do something else instead of constantly testing the waters in this market, and being so certain that it will continue to rise.

When multiple attempts do not go as expected, I should reevaluate this market.

Spending a long time speculating at the 5-minute level will lead to getting lost in a gambling mentality.

Trading should be viewed at a larger scale, at least the 15-minute level. The 5-minute scale always makes one restless, or easily leads to a struggle with oneself.

Initial positions should not be opened too large. Otherwise, when things slightly deviate from my expectations, it will lead to a very awkward passive outcome.

Today is Saturday, and since there were orders hanging from yesterday, both the large account and the account are in operation.

I basically sat at home all day, only to find that the end result was the same as not sitting at all, or even worse than if I had just closed all positions in the morning and gone out to have fun for the day. Today would still have given the account a nice peak.

But people are always so greedy, thinking the market will always be that good.

However, today there was a point that altcoins did not follow the usual inertia.

In the past, as long as the mainstream coins were consolidating at the top, altcoins would usually see a nice increase.

But today was quite special; perhaps last night’s surge was too fierce, leading the main players to give all their bullets to Powell, resulting in altcoins continuously declining today.

Next time I need to pay attention: as long as the previous day had both altcoins and the major coin surging together, the next day is generally a downward trend.

This knowledge point should be reviewed later.

That's it. I will conclude today's review here.