Yes, the financial circle wants to make money, which is against human nature.

General Rules of the Crypto Market

The crypto market used to be a confrontation between the East and West, with market activity occurring both during the day and at night. The main activity is typically between 21:30 and 7:30 Beijing time. Major price increases usually happen in the early morning, so a qualified trader should sleep at 20:00 and wake up at 4:00 to monitor trading.
1. If there is a significant drop during the day in the domestic market, it is necessary to buy the dip, as foreigners will push the price up at 21:30.
2. If there is a major increase during the day, do not chase the price, as it will likely drop back in the evening.
3. The key signal for buying and selling is the pin action; the deeper the pin, the stronger the buy and sell signals.
4. Prices tend to rise before major meetings or positive news, but will fall once the news is released.
5. In group discussions, if the community recommends buying a coin and it sounds too good to be true, you are likely to get trapped, so consider the opposite action. If a coin is extremely popular, you can short it immediately.
6. If a group member recommends something that you find uninteresting, it is likely to take off. When in doubt, it might be worth trying a small amount.
7. When you hold a large position, you are bound to get liquidated. Why? Because you are on the exchange's watchlist for liquidations.
8. After you complete your stop-loss on a short position, it will definitely drop. If it doesn't trick you out or cause a liquidation, how could it fall? For example, TRB.
9. When you are about to break even and just need a little more, and then the rebound suddenly stops, how could they allow you to close your position and escape?
10. When you take a profit, the price will drop. If you don't exit, how could they move the market? The position is too heavy.
11. When you are excited, a sharp drop will likely come, and your excitement is also a bait from the market makers.
12. When you are broke, all projects seem to be rising, making you FOMO and rush to enter. Therefore, you understand that the market is manipulated over 80% of the time. In addition to managing your position, you must also act decisively, and be sure not to enter the market before confirming the actions of the market makers. If you enter, you are just the meat on the chopping block for the exchange. Trading is a test of patience, composure, and timing. Let's support each other.