I have been live streaming for half a month since the beginning of the year. BN has also gained a thousand fans from 0, and the fans on X have increased by nearly 2,000. I have to do what I promised, so I will calm down and give everyone a benefit. I will break down this set of on-chain PVP teaching and explain it to everyone.
My good brother told me that it will be more difficult to P after you teach me this. If I have to say it, I am also worried about this (hhh), but being self-sufficient is not the way out. Mutual communication is the kingly way. Trading is not about holding on to a set of techniques and being complacent. Looking back at the past experience every time is constantly improving. I cannot guarantee that my set of things will always be applicable. There are different ways to deal with different market conditions. What is more important is to find a way that suits you and keep evolving. To paraphrase the famous saying of the movie Hurricane:
"Infinite progress!"
First of all, we have already talked about the most basic chain sweep. The formula is
One narrative, two chains, and three K lines.
The specific content is the live video on Twitter on January 27th. The chain scan and content to watch are very detailed. If you haven’t watched it, you can go to: https://x.com/Hiki17Zz/status/1880020540288839909
A brief recap
At first glance, narratives are divided into four categories. Under different market conditions and liquidity conditions, different narratives will be more mainstream and more recognized by the market. For example, recently, celebrity-related (Trump, Kanye) self-made IP (broccoli, 4) narratives that have their own traffic in the crypto circle are more popular, while AI and other related technologies and projects are lagging behind. This requires you to be familiar with the market and understand the narrative to estimate how fast, how high, and whether the CA can rise healthily. Understanding narratives corresponds to the old saying, "Making money is a compensation for cognition."
In order to achieve a higher level of understanding of narrative, you need to understand the macro market trends, the technological innovations of blockchain and other related technologies, and the hot spots of the current market. You need to stay excited and keep learning. To be honest, the person who may have the most to talk about in this market is General P, who knows a lot and speaks quickly.
Second, look at the chain. Blockchain technology can do a lot of things, various expansions, various encryptions, but at present, at least in 2025, if you are just speculating in cryptocurrencies, the most important thing you should know is that the chain is transparent and traceable. Every operation on the chain has a corresponding record, which is more popular than the black box of traditional finance. If you don’t use it to do anything blindly, it is equivalent to cutting off one’s own arm to compete in the ring. We generally call this kind of artificial, stupid.
In the previous teaching, I have talked about the "Four Great Jedi and Five No-Gos", including the Black Pit Fish Pond, Green Grassland, Sniper City, Scarlet Battlefield, and the most difficult to define pure wallet Silent Hill. After screening these, we will go back to consider participating in both the internal market and the external market after the launch.
This part is what I think is the area that P is most familiar with, because P himself was derived from the system on the chain. What did one wallet or a thousand wallets do? What did the bubble chart look like? How did they run away and how did they move? Which smart money is followed by a bunch of copycats? Which project party is notorious for starting a business every day? There are a lot of chain bloggers on Twitter to teach you these things. I am not that awesome. If you want to learn more, take a look at Sister Q from our community and Mr. Mai, a good friend of Brother Piaoxue. They have a deeper understanding of these.
Okay, now we come to the final and most important part, the third look at the K-line.
Let me tell you something first. I think most of the young players in this market don’t pay enough attention to the K-line.
Some people even sneer at this, thinking that it is awesome to find high-quality targets, to get in early, and to dare to take positions on good IPs. Look at so and so, they have large positions in single currencies such as A7 and A8, and they are awesome for making money. It is easy to be timid when learning technology, and learning K-line is just to find a reason to gamble. What is the use of that thing?
But I personally think that most retail investors do not have enough knowledge about the target, nor do they know whose money they are earning. They rush blindly in the zero-sum market and make poor use of the abundant information on the chain.
Those who often watch my live broadcasts should know that my first reaction to hot stocks is not to rush in. Instead, I will judge the narrative and the cleanliness of the chain, and then find a support with a good profit and loss ratio before placing an order to enter the market. For example, the early 50-fold AIB (American is back), the recent HULEZHI, Perry, and broccoli, I will give clear price support levels in the live broadcast, whether it is placing an order or on the right side, if it drills, you will lose less, and if it rises, you will earn more. This is why I say that if you have some skills in the second level and use them well in the first level, you will feel very comfortable.
If you know nothing about the secondary market and K-line and want to learn systematically, please contact my brother @dahuzi directly, join the community, watch the live broadcast, learn, review, and have the most awesome K-line chart of the cryptocurrency circle on the entire network. I have been in the circle for 6 years and have been in control of the market for 6 years.
I will explain support from two aspects. There is a line in Huo Yuanjia:
"My iron horse has been trained to be as immovable as a mountain, and it has taken root in the ground!"
Why is horizontal support so effective in technology? There are many reasons for this, including the price consensus of most people, the need for bookmakers with a relatively large proportion of positions to complete turnover to ensure the holding costs of most people, and the psychological defenses of traders participating in the buying and selling process, which together form this K-line Great Wall.
The first is the support of the K-line part. Regardless of the candlestick chart technology, chart technology, or other various schools of thought, the judgment on the horizontal line is almost consistent. Horizontal prices at different levels can form potential price support and box structures.
Let’s take BTC in the past six months as an example:
Every time it reaches 91,000, there will be a significant decline sluggishness. This is the chart level support brought by the price consensus.
Let’s take Broccoli, who is currently ranked first in the BNBchain competition, as an example:
After the initial shock, horizontal support was formed at the market value of 2M and 14M respectively.
Regarding horizontal support, Brother Huzi has an old saying: How to see it? Use your eyes. It is very simple. Just draw a horizontal line and you can draw the support on the K-line.
If we go a little more advanced, we can move up to the horizontal support of the previous high, the horizontal support of the shoulder and neck line of the head and shoulder structure, the horizontal support line of the arc, and the upper and lower boundary support of the rectangle. I will not elaborate on these one by one, I can talk about them during the live broadcast, but if you want to be proficient in it, I suggest you go to the community to review it. You will feel a big difference if you review 500 or 1,000 pictures.
Next is the horizontal support related to price. You can see the statistics intuitively on the chain. At the same time, the on-chain targets do not have as many participants as the secondary market, nor are they as black boxes as centralized exchanges, which leads to two results.
1. The proportion of TOP100 holdings is sometimes very large, and the dealers and big investors will occupy the front row due to holding a large number of chips;
2. The holding cost of TOP100 will be very representative, and funds will lead the direction of the K-line.
To be rigorous, all the following formulas need to exclude the situation where the pool is locked by the project party and the call is made to the target person related to the narrative.
As prices keep changing and traders keep changing hands, the average buying and selling prices of TOP100 will fluctuate rapidly. Unlike the K-line in the secondary market, which will be effective for a long time after drawing a level, it will fluctuate up and down more often. This will lead to two situations.
It may either rise or fall rapidly, or it may start a period of horizontal trading.
No matter what the situation is, the point you need to keep watching is:
1. The holding cost of TOP100 represents the current average purchase line of TOP100. A certain position after the price falls below it will represent the last support. If the price drops too much, it is likely to lead to a rapid reduction in holdings.
2. The average selling price of TOP100 and the delivery position are meaningless in a rapid rise, but this price and TOP100 form an attraction effect, that is, they will quickly approach each other after sideways trading, and the closer they are, the closer they are to support. The observation method after breaking is the same as Article 1;
3. The average purchase price of the TOP100, the 100% position, that is, the average doubled price of the TOP100. In microeconomics, there is a definition that everyone in the market will consider seeking profit and avoiding harm. In HIKIGAYA's PVP, we will define that all traders will consider protecting their principal.
Note, this is the most important point.
Young General P has a catchphrase, "double the capital". Now all trading tools have this function, which is specially used to protect the principal during trading. You don't need to care whether the TOP100 big dog dealers will consider this matter. You just need to know that there must be a lot of people selling in this place, but there must be some too, which means that you can quickly draw conclusions.
Twice the average buying price of TOP100 will be the support-resistance conversion range, that is, after passing the resistance, support will be formed.
4. The average selling price of the TOP100 is twice. If the buying price is twice the position of the early participants, then the average selling price is the position of the latecomers. It is very simple. They also want to protect their principal, but the chips held by these people are not cheap, so they will be more eager to sell.
The average buying price of the TOP100 (200%) and the average buying price of the TOP100 (100%) are pure resistance, high P zone, whoever enters the market pays.
OK, now you have 4 constantly changing horizontal lines, which will escort your P-level career. Let's go into a standard case, ETH's HULEZHI (the full video is in the live broadcast on February 17th). We will directly use the live screen
The hot topic of the day was Hu Lezhi, who said he was controlled by his own mind. It was very abstract but very popular, with the opening price climbing to 6M. This was a narrative.
Secondly, in his on-chain address, we can see that part of the coins were transferred to Mr. Hu Lezhi’s wallet, and part of them are in the liquidity pool. We believe that this part does not participate in the transaction, which is consistent with the narrative and needs to be removed when looking at the K-line.
Returning to the K-line, it has reached a process of rising five waves, rushing high and falling back. This fall is very deep, also because there are indeed a lot of profit-taking. The average holding price of the TOP100 in the first line is 1.7M market value, which is 3.4M when doubled. At the same time, there is a not-so-obvious 10-minute sideways trading on the previous K-line, which is very common in early trading. You can also see that there are many long lower shadows at 3.4M to test and buy. The support-resistance conversion here is effective, but it is gradually weakening and falling below. Then we draw a second horizontal support. This horizontal support will be very close to the average buying price of the TOP100, but it will not be consistent. There are two reasons.
1. Chi Zi and Hu Lezhi’s wallets will not be sold, but they have no holding costs;
2. There will still be people buying during the decline, and they will push up the average price.
At this time, if we look for the horizontal line of an earlier period ahead, we can combine the three lines into one and find the support of 1.9M. Entering the market here is the best profit and loss ratio position.
After the second exploration was effective, the iron horse took root, started a rebound, and finally flew far away, rushing to 20M.
As for why the 20M position was reduced, that is another technique and has nothing to do with this article (hahaha, I’ll leave something for next time)
A complete transaction and support selection requires the interaction between price and K-line to produce results. This is also the methodology that I have been studying and gradually forming a system from October last year to the end of February. If you say that I am a blind cat that meets a dead mouse, I will not argue with you. The 600 brothers in the communication group know the answer.
Well, the above is the price support system of PVP on the chain. There is not much content. It requires more practice and real practice in the market. Brother Liushui said that Linghu Chong's Dugu Nine Swords and Tian Boguang's quick knife can both kill people. There is no superiority or inferiority. If you think it is useful, use it. If you think it is not useful, forget it. Use it as you like and feel free to use it. Come on, traders.
By the way, I have always said that if you know a little bit about K-line technology and spend some time on the chain to complete the basic skills, you can basically beat 90% of the players. Now it may not be the case. Please do not reply to this article "I have learned it, delete it quickly!"