At the age of 22, I graduated from university and, like most young people, I started working as a technician in a factory with a monthly salary of 5000 yuan. Every day I repeated the same work, and life was devoid of passion. By chance, I came across Bitcoin in 2015, when one Bitcoin was worth just over 200 dollars.

With my only savings of 2000 yuan, I bought about 10 Bitcoins, just with a try-it-out mentality. In the following years, I experienced the ups and downs of the coin price, from 200 dollars to 20,000 dollars, then to 3,000 dollars, and finally back to 10,000 dollars. This experience made me understand that the crypto world does not believe in tears, but in cognition and patience.

In 2018, I resigned from my factory job and devoted myself entirely to the field of cryptocurrency. At that time, many people did not understand and even mocked me for 'giving up a stable job to do nothing.' But I knew that digital assets were the trend of the future. This decision changed the trajectory of my life.

Market Rules: The Underlying Logic of the Crypto World

1. Bitcoin is always the leader

In most cases, Bitcoin is the leader of the crypto market's rise and fall. When Bitcoin rises, most altcoins will follow suit; when Bitcoin falls, even some high-quality altcoins struggle to resist the downward trend. Ethereum, as the second-largest cryptocurrency, sometimes shows independent price movements, especially after technical upgrades or major collaboration announcements, but it is still influenced by Bitcoin in the larger trend.

From the end of 2023 to the beginning of 2024, Bitcoin broke through the 40,000-dollar mark, boosting the overall market sentiment. Many altcoins then welcomed a considerable increase, and when Bitcoin saw a correction in mid-2024, most altcoins adjusted accordingly, regardless of their fundamentals.

2. The 'Seesaw' Effect of USDT and Bitcoin

The stablecoin USDT is often seen as a barometer of market sentiment. When market risk aversion increases, investors will transfer funds into USDT, driving up its price; when market sentiment is optimistic, funds flow into Bitcoin and other risk assets.

In March 2024, the U.S. banking crisis broke out, exacerbating investor panic, and the price of USDT surged to 1.05 dollars, while at the same time, the price of Bitcoin fell from 30,000 dollars to 27,000 dollars. This was a perfect opportunity to trade using the 'seesaw effect.'$BTC $ETH #BNB创新高 #比特币远古巨鲸持续出清