@ Mastering Key Market Signals: Volume and Price Relationship is Key: A breakout with increased volume at a low consolidation level is a signal to watch, while high volume with stagnant price at a high level is a signal to exit.
Observing Consolidation and Turning Points: When the market is consolidating at high or low levels, it often signals a potential turning point. In this situation, observation is more valuable than blind trading; wait for the direction to become clear before following the trend.
Utilizing Market Patterns: For example, after a strong coin has fallen continuously for several days at a high level (e.g., 9 days), it may be approaching oversold territory, increasing the chance of a rebound. The pattern of "three in a row, five in a row; five in a row, seven in a row" is often mentioned by observers when discussing coins on the gainers list.
In summary, the secret to successful cryptocurrency trading is a systematic project. It integrates counterintuitive mindset management, ironclad trading discipline, continuous and in-depth cognitive learning, and a keen insight into market patterns. There is no magic bullet; the real secret lies in internalizing these experiences, gained at great cost, as part of your investment philosophy and strictly adhering to them in every trading decision. Remember, in this highly volatile and risky field, controlling risk and preserving principal are far more important than chasing windfall profits.