Spot trading for short-term waves generally falls into the following three types. Let's see if there's one that suits you?
Type 1: If you want to profit by buying the dip as quickly as possible, you need to find coins that are currently in a pullback phase stabilizing at golden retracement levels. Usually, coins of this type will experience a strong rebound the day after purchasing. However, be careful to exclude coins with too small of a market cap (within 10 million USD) or too small daily trading volume (transaction volume within 100,000 USD).
Type 2: If you want to profit by chasing the rise as quickly as possible, you need to find coins with a huge increase in price on low volume at the bottom, or a huge increase in price on high volume. But be careful to distinguish between a real breakout and a false breakout. A large number of coins, although at an absolute bottom, are still in an absolute sell-off trend, and sudden low-volume surges are just common tactics to lure in inexperienced investors.
Type 3: If you want to profit steadily, you can look for coins that institutions are quietly accumulating, creating a low-volume sideways trend. Generally, this is a reliable approach, but it also tests your patience in holding the coins.
Profiting at lightning speed with zero risk is inherently a balancing act between gain and loss.
Ordinary retail investors shouldn't expect too much.
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