Years of practical experience in the cryptocurrency market have led to some operational experiences and tips, which I would like to share with everyone!
1. Currency Correlation Patterns
① Bitcoin: In most cases, it serves as the "weather vane" for the ups and downs of the cryptocurrency market. Major coins like Ethereum occasionally have independent market movements, while altcoins are easily affected.
② Bitcoin and USDT: They often show inverse fluctuations; when USDT rises, Bitcoin tends to fall, and when Bitcoin rises, one might consider allocating to USDT.
2. Trading Time Techniques
① Late-night "pinning": Domestic crypto friends can place low buy orders and high sell orders before going to bed to seize trading opportunities.
② Key moment at 5 o'clock: The active period of the U.S. market; one needs to pay attention to currency fluctuations, as some significant rises/falls have occurred during this time. ③ Black Friday rumors: A significant drop occasionally occurs on Fridays, but the pattern is not strong; focus on real-time news.
3. Position and Operation Strategy
① Mainstream currency's resilience logic: If trading volume is stable, currencies often recover after a drop (3-4 days, or up to 1 month); if there is extra capacity, one can gradually average down the short position cost.
② Spot investment principles: Long-term holding usually earns through high-frequency trading, with investors being the key.
4. Key Influencing Factors
① Policy Level: The attitudes of various countries towards cryptocurrencies (central bank policies can trigger declines).
② U.S. Financial Policies: Macroeconomic measures such as tariff adjustments and interest rate cuts directly impact market sentiment.