The cryptocurrency market used to be a confrontation between the East and the West. Previously, there would be market movements both during the day and at night, primarily during Western hours, between 21:30 and 7:30 Beijing time. Significant increases usually occurred in the early morning, so a qualified trader would sleep at 20:00 and wake up at 4:00 to monitor trades.
1. If there is a continuous decline during the day in China, one must buy the dip; at night, foreigners will drive the market up.
2. If there is a significant increase during the day, do not chase the high, as it will likely drop back at night.
3. The key signal for buying and selling is the pin bar; the deeper it penetrates, the stronger the buy and sell signals.
4. Major meetings or positive news will usually lead to an increase, but once the news is out, it will drop.
5. In group discussions, if the community promotes a coin with excessive hype, you may get excited but are likely to be misled, so consider taking the opposite action. If a coin is very hot, you can short it immediately.
6. If a group member recommends something and you find it uninteresting, it likely has a high chance of taking off. When in doubt, it might be worth trying a small amount.
7. When you hold a large position, you will definitely face liquidation. Why? Because you will be on the exchange's watchlist for liquidations.
8. Once your short stop-loss is executed, the price will definitely drop. If they don't trick you out or force you to liquidate, how will it drop? For example, TRB.
9. When you're almost breaking even, and just need a bit more, if the rebound suddenly stops, why would they let you close your position and run away?
10. When you take profits, it becomes heavy; if you don't exit, how can they pull up the market? The load is too heavy.
11. When you get excited, the waterfall arrives as expected; your excitement is also a lure from the market makers.
12. When you're broke, every project seems to be going up, making you FOMO and rush to enter the market. So you understand that the market is manipulated over 80% of the time; aside from controlling your position, you must also take the initiative. Be absolutely certain not to enter before the market makers act; once you enter, you're the fish on the chopping block of the exchange. Trading requires patience, determination, and timing.
Success is not a coincidence; opportunities are for those who are prepared. #比特币市值排名 , a captain skilled in short to medium-term swing arbitrage, is here. On the road of trading cryptocurrencies, regardless of market conditions, I will accompany you all the way. #加密货币总市值重回3万亿 $BTC
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Impermanence Band
Impermanence Band
