First bookmark: A cigarette butt during the FIL crash
At the end of the 2021 bull market, we squatted on the edge of the exchange rooftop, watching FIL crash from 238 dollars back to 38 dollars on my phone. My neighbor, Old Wang, just gambled his wedding house down payment on LUNA, and later we often gathered downstairs to eat noodle bowls. He always poked at the fried egg in his bowl and muttered: 'At that time, seeing altcoins fly every day, I thought I could eat from the start to the end...' Now his drawer is still locked with a note: 'Hot coins are like firecrackers, once they explode, you have to let go; holding on can burn your palms.'


Second bookmark: The 'air oil stick' trap in high-level sideways trading
Last year, on the night ETH surged to 4800 dollars, everyone in the community was shouting '10,800 is not a dream.' We were watching the 1-hour K-line, and after a period of high-level sideways trading, it suddenly shot out a long upper shadow - much like the oil stick stall at the village entrance back home, the vendor stretches the dough long, looking fluffy and swollen, but biting into it is all emptiness. The next day, the market opened and plummeted, [the traders] simulated cutting their losses in front of the mirror, half a knife raised, recalling the master's words: 'High-level sideways trading and then a surge is the main force handing you a tissue to wipe your “buying tears.”'


Third bookmark: The 'lone wolf cactus' in a bear market
In May 2022, the market fell into a sea of green, while only SOL stubbornly rose by 0.5% every day. We posted in the community, 'Sideways in adversity must rise,' when the master suddenly DM'd me: 'Have you seen a cactus blooming alone in the desert? It’s either poisonous or its roots are deeper than anyone else's - but in the crypto world, the former is more likely.' Later, SOL crashed from 120 dollars to 8 dollars, and [the bystanders] finally understood: when the market is good, going against the trend is a thunder; when the market is bad, rising against the trend seems like a 'lightning totem,' but in reality, it's mostly just grass on the graves reflecting light.


Fourth bookmark: The 'shareholder' bills from averaging down
On the day I had 18 cryptocurrencies in my wallet, I stared blankly at the loss statement: DOT averaged down from 50 dollars to 15 dollars, with a position increase of 4 times, but losses increased by 200,000. The owner of the printing shop downstairs laughed at me: 'Young man, your averaging down is just like my hoarding A4 paper, buying more as it drops, and in the end, it piles up into a mountain and crushes your hands.' Later I learned my lesson - add to positions after breaking previous highs, adding 0.1 lots for every 1,000 dollar increase in BTC, and finally understood: adding on profit is like making profits ride a rocket, while averaging down on losses is like building a graveyard for losses.


Fifth bookmark: The 'midnight fishing' washout at the bottom
In March this year, when BTC crashed to 16,000 dollars, I was watching the 4-hour K-line as it kept poking up and down. One night at 3 AM, the price broke below the previous low and then suddenly pulled back, much like fishing in my hometown reservoir - fishermen always shake the net violently before pulling it in to shake off the small fish. The next day, [the investors] placed buy orders at 16,500, and later BTC rose to 69,000, cursing themselves at the screen: 'Why did I get washed off the train back then?' The master replied: 'The bottom is originally about “entering two and retreating one,” have you ever seen a waterfall pouring straight down?'


Sixth bookmark: The 'mahjong table logic' of sector rotation
Last month, I chased ARB, and when I saw the MACD golden cross, I rushed in, but the altcoin index rose by 15%, while it consolidated for three days. Old Li next door chuckled with a cigarette: 'Young man, trading coins is just like playing mahjong, you have to watch the direction of the table - betting with those who are winning, losing is just a matter of time.' Later, I learned to first pay attention to sector heat: buying leaders when DeFi surges, chasing front-row during MEME crazes, last week staking new coins on the SOL chain, and made 70% in three days - it turns out hot sectors are 'popularity magnets,' and single coins are just iron filings attracted to them; you have to follow the magnetic field.


Seventh bookmark: The 'electrocardiogram trap' of volume-price divergence
Last year, I chased a certain dog coin, rushed in during the RSI golden cross, but the volume kept declining despite the price rising. On the third day of holding, the K-line suddenly smashed out a long bearish line - much like my grandfather's electrocardiogram in the hospital, the line was still jumping, but he had long since lost his breath. The master sent me a picture: 'Volume-price divergence is like a person running without breathing, either a top athlete or a corpse.' Now my phone stores the mantra: 'Price rises while volume shrinks is false heat, volume increases while price drops means retreat fast.'


Eighth bookmark: The 'trekking pole' in trends
Last week BTC retraced from 58,000 to 53,000 dollars, and I placed a buy order at the support line. A friend laughed, 'Buying the bottom halfway up the mountain,' but the next day it pulled back to 56,000. I recalled my first climb up Huashan, where the tour guide said: 'Look at the steps going up, hold onto the railing going down.' The same applies in the crypto world: in an uptrend, catch the support line to buy low, like holding a trekking pole to climb; in a downtrend, focus on the resistance line to short, just like holding onto the railing going down. Yesterday BTC broke through 60,000, and I raised a glass of wine to the K-line: 'Trends are indeed the most stable trekking guides.'


Eight bookmarks in the drawer, each inscribed with the painful lessons of blood. The crypto world is like a mountain, some people are picking up shells at the foot of the mountain, some are stumbling on the middle slopes, only those who treat the K-line as steps and the lessons as trekking poles can reach the peak where trends become clear. Friends who are new to the circle, if you feel lost, just open these bookmarks - they are not the Holy Grail, just the pits encountered by those before, forming the path.

$FUN $MOVE $TUT #币安Alpha上新 #加密市场回调 #以色列伊朗冲突

As the market continues to change, we must closely monitor market signals and seize new entry opportunities. Like and comment, and I'll take you through the bull market to firmly grasp this major opportunity!