That makes sense

The crypto market used to be a confrontation between East and West. There would be market activity both day and night, mainly during Western hours, specifically between 21:30 and 7:30 Beijing time.

Basically, big increases happen around midnight, so a qualified trader should sleep at 20:00 and wake up at 4:00 to pay attention to trading.

1. If there is a continuous drop during the day in China, you must bottom fish. At 21:30, the foreigners will pull the market.

2. If there's a big increase during the day, definitely do not chase the high; it will drop back at night.
3. The key signal for buying and selling is the pinning; the deeper the pin, the stronger the buy and sell signal.

5. Major meetings or positive news will cause an increase, but it will drop once it lands.