The general rules of the cryptocurrency market: In the past, the cryptocurrency market was a confrontation between the East and the West. There would be market movements both during the day and at night, with basic trends occurring during Western time, specifically between 21:30 and 7:30 Beijing time. Major price increases typically happen in the early morning, so a qualified trader should sleep at 20:00 and wake up at 4:00 to monitor trades.

1. If there is a continuous drop during the day in China, it is essential to buy the dip; at 21:30, traders from the West will push the market up.

2. If there is a significant rise during the day, do not chase after it, as the price will likely drop back at night.

3. The key signal for buying and selling is the pin bar; the deeper the pin, the stronger the buy or sell signal.

4. Major meetings or positive news will always lead to a rise, but once implemented, the price will drop.

5. Discussion plans in groups, communities promoting coins, and overly enthusiastic conversations can often lead to losses, so it's wise to counter-trade. If a coin is hot, it's very hot; you can short it immediately.

6. If a group member recommends something that doesn't interest you, it is likely to take off; when in doubt, consider trying a little bit.

7. If you hold a large position, you are bound to get liquidated; why? You are on the exchange's key watch list for liquidation.

8. Once your short position hits the stop loss, the price will definitely drop; if they don't trick you out or liquidate you, how could it drop? For example, TRB.

9. When you are close to breakeven, and the rebound suddenly stops, why would they let you close your position and escape?

10. When you take profit, it will skyrocket; if you don’t exit, how can the price be pushed up? The position is too heavy.

11. When you are excited, the waterfall will come as expected; your excitement is also a trap set by the market makers.

12. When you are broke, every project seems to be rising, making you FOMO and rush in. Therefore, you understand that the market is manipulated more than 80% of the time; besides controlling your position, you must also take the initiative. Be firm not to enter the market before the market makers act; the moment you do, you become the fish on the chopping block for the exchange. Trading is about patience and composure.