The cryptocurrency market is like a battlefield full of unknowns, with the game between Eastern and Western trading sessions displaying unique patterns. In the domestic market, if the cryptocurrency price continues to plummet during the day, it is often a good time to buy the dip, as trading becomes active after 21:30 overseas, often leading to a price rebound. Conversely, when the cryptocurrency price rises significantly during the day, one should avoid chasing the price, as it is highly likely to correct at night. The pinning phenomenon is a key buy and sell signal; the deeper the pin, the stronger the signal, usually indicating a change in the short-term direction of market volatility.

Major events are closely related to cryptocurrency prices. Before significant meetings or positive news releases, cryptocurrency prices usually trend upwards, allowing for early positioning; however, once the positive news is out, prices often drop, necessitating timely selling. Community information should also be approached with caution; when a community passionately discusses and highly recommends a certain cryptocurrency, it is likely a trap, and one should consider taking the opposite action. When popular cryptocurrencies are excessively hyped, it may be wise to consider shorting them.

If a cryptocurrency recommended by friends initially does not catch your interest, it may later rise significantly. At this point, consider allocating a small amount of funds to try it out to avoid missing the opportunity. Holding a large position can easily lead to liquidation, as significant holdings are often closely monitored by exchanges, making them likely candidates for liquidation during market fluctuations. After a short position's stop-loss is triggered, the cryptocurrency price is likely to fall, as the market makers will use various means to force investors to cut their losses and then push the price in a direction favorable to themselves.

When a position is about to break even, the rebound often suddenly stops, as market makers will not easily allow investors to smoothly close their positions for profit. After investors take profits and exit, the cryptocurrency price often begins to rise sharply, as market makers need to alleviate selling pressure during the upward movement. When investor sentiment is excited, a sharp drop often follows, as market makers are adept at using emotions to entice buying at highs and selling at lows. When investors are out of funds, it seems that all projects in the market are rising, triggering FOMO (fear of missing out) sentiment, but this is often a trap.

In summary, the probability of market manipulation in the cryptocurrency space is as high as 80% or more. Investors need to strictly control their positions, maintain a strategy of waiting for the right moment, and refrain from entering the market until the intentions of market makers are clear. Trading is not just a competition of funds, but also of patience, composure, and timing. I hope everyone proceeds cautiously in cryptocurrency investments and achieves their desired returns.