#看懂K线 ### Understanding the Cryptocurrency Market Candlestick: Unique Patterns of 7×24 Hour Trading

The biggest difference between cryptocurrency market candlestick analysis and traditional stock markets is **continuity**. Due to the uninterrupted 7×24 hour trading, cryptocurrency candlesticks rarely exhibit the "gaps" seen in traditional markets. If there are obvious breakpoints, it often indicates poor liquidity and insufficient market depth for that coin, necessitating caution against manipulation risks.

**Key Identification Techniques**:

1. **Time Period Selection**: For short-term trading, it's recommended to look at the 4-hour/1-hour charts, while long-term observers should focus on daily/weekly charts.

2. **Volume-Price Coordination**: When breaking through key levels, it should be accompanied by an increase in trading volume.

3. **Special Patterns**: In an uninterrupted market, traditional patterns such as "island reversals" and "gap theory" have a higher probability of failure.

Mainstream coins with good liquidity (like BTC/ETH) exhibit smooth and continuous candlesticks, while frequent breakpoints and long shadows in smaller coins often reveal liquidity traps. Investors should prioritize trading pairs with sufficient depth.