As an experienced trader, let me share some old rules from the industry to remind my brothers who are still on the journey:

1. The cryptocurrency market is a battleground between the East and West, and real significant movements usually occur between 21:30 Beijing time and 7:30 the next morning. Prices often drop during the day but rise at night; when prices rise during the day, they often drop back at night.

2. Look to buy low during the day, and don't chase high prices impulsively. A significant drop during the day is often an opportunity, with foreign traders picking up at night; if prices rise sharply during the day, hold back as they may easily drop at night.

3. A spike is a signal; the deeper the spike, the more critical the buying and selling point—don't ignore the 'language' of the candlesticks.

4. Good news is used to offload assets; there will often be a surge before major announcements or good news, but once the news drops, expect a sell-off. This script has been seen too many times.

5. Coins that are hotly discussed in communities should often be traded in the opposite direction. The more mystical the talk, the more likely it is to mislead you; conversely, coins that people dismiss often take off unexpectedly.

6. When you are heavily invested and all-in, a liquidation is not far away. Don't ask why; it's because you have already attracted the exchange's attention.

7. Just after you stop-loss on a short position, the market crashes; just when you're about to break even, it rebounds and halts. It's not that you can't do it; it's that you got off the bus too early or are too heavily loaded.

8. When you take profits, the market rallies; when you're excited, a crash is building up. Your emotions are the indicators that the market makers refer to.

9. When you have no money left and see everything rising, it's a trap of FOMO. You haven't missed the opportunity; the market is baiting you.

In summary: 80% of market movements are manipulated; the core of trading is not intelligence but 'patience + composure + waiting for signals.'

Don't be cannon fodder, be a hunter. #交易心态