Key Points for Retail Investors in the Cryptocurrency Market, Sharing with Everyone!

1. Keep a Close Eye on Bitcoin Trends

In the cryptocurrency market, Bitcoin often leads the rise and fall. While Ethereum can sometimes perform independently, altcoins are mostly influenced by it.

2. Pay Attention to the Relationship Between Bitcoin and USDT

Bitcoin and USDT often move in opposite directions. When USDT rises, be cautious of Bitcoin's decline; when Bitcoin rises, it’s an opportunity to buy USDT.

3. Seize Trading Opportunities at Midnight

From 0:00 to 1:00 every day, there is often a phenomenon of price spikes. Domestic traders can set low buy prices for their desired coins before sleep and high sell prices for potential surprises and easy profits.

4. Observe Morning Price Trends

From 6:00 to 8:00 every morning is a key period for determining whether to buy or sell. If prices continue to drop from 0:00 to 6:00, and they are still dropping, consider buying or adding to positions for a likely rise that day; if prices continue to rise, consider selling for a likely drop that day.

5. Pay Attention to Afternoon Volatility Points

Be especially cautious at 17:00, as due to time differences, American traders begin their operations, which may trigger price fluctuations, with many significant rises and falls occurring at this time.

6. Be Wary of “Black Friday”

There is a concept of “Black Friday” in the cryptocurrency market. While there may be significant drops on Fridays, there can also be substantial rises or sideways movements; just keep an eye on the news.

7. Focus on External Influencing Factors

The cryptocurrency market is affected by multiple factors, such as countries' attitudes toward cryptocurrencies; negative sentiments can lead to declines; U.S. financial policies; and influential figures' opinions on cryptocurrencies, such as comments from Musk. Stay tuned to financial news.

8. Maintain a Good Trading Mindset

A good trading mindset is crucial; don't panic during large drops, and don't get complacent during large rises; securing profits is key.

If you enjoy contracts, like to study charts, and research techniques, click on my avatar. I have years of experience in the cryptocurrency space and will share tips for free. I'm here in the community, always online, welcome to discuss and improve together.