Have you ever had such an experience:
The market is all in the green, but as soon as you enter, it starts to pull back.
Clearly, after waiting for an opportunity, you end up being 'taken away' halfway through after entering the market.
When the opportunity to make money arises, if you miss the take-profit, you end up being stuck.
The core behind these issues is not bad luck, but rather an incorrect strategy.
Entry point: It's not about 'waiting for a big rise to place an order,' but about 'choosing the right key range.'
You may often hear, 'When the market reaches the support level, you should enter,' but no matter how much people say this, can you accurately catch the support point?
Here is a tactical entry point for you, which is to look for entry opportunities in the consolidation range or oversold area.
For example, if BTC is around 110K, breaks a key support line, and then starts to gradually rebound, this is an opportunity for you to enter the market in batches.
This type of operation does not require guessing tops and bottoms, but rather flexibly adjusting positions based on range fluctuations.
Take-profit point: lock in profits, capturing the most critical high point.
The most troublesome issue with taking profits is often 'the profits you had went back again.'
Most retail investors have a particularly good mindset when entering the market: 'If I don't take profit today, I'll look again tomorrow,' but in the end, the profit turns into a floating loss.
The solution is simple: do not wait until the price pulls back to cost price before considering taking profits.
When your coin has risen more than 15%, you can set a trailing stop to let it continue to rise, but in case the market turns, it can lock in your current gains.
For example, when ETH rises from 4200 to 4800, you should set your take-profit point around 4700, so even if the price pulls back, you can still make part of the profit.
Direction analysis: The market's consolidation period is the biggest opportunity.
When the market is volatile, it is actually the most suitable stage for trading.
At this time, all bullish and bearish sentiments are entangled, with part of the funds washing positions and another part looking for breakthrough opportunities.
How to judge the direction?
Focus on the significant fluctuations of mainstream coins: for example, BTC and ETH, as their fluctuations can influence the trends of most small coins.
Trend judgement of the intraday chart: especially on the hourly and 4-hour charts, reversals after breaking key levels are very valuable signals.
Combined with the overall market trend: For example, if the overall market is weak, your trading strategy is not suitable for excessive long positions.
Summary: Executing the strategy is more important than 'blindly following the trend.'
In the crypto space, many people believe that being right about the direction can lead to profits, but executing the strategy is the most important.
The entry point does not require chasing highs and cutting lows, but rather waiting for a pullback in the key range to enter.
The take-profit point needs to be precise, locking in floating profits, and never waiting for a pullback.
In direction analysis, do not blindly be bullish or bearish; the most important thing is to flexibly adjust strategies based on market trends and time periods.
If you can remain calm and precise while doing these analyses and operations, you will possess the underlying logic to defeat the market and truly achieve stable profits.
