A few points to note:

  • Bitcoin dominates the market

    Most of the time, Bitcoin is the barometer for market rises and falls. Strong coins like Ethereum may occasionally have independent trends, but the movements of most altcoins are still influenced by Bitcoin.


  • The inverse relationship between Bitcoin and USDT

    The movements of Bitcoin and USDT are inverse. If USDT starts to rise, be cautious that Bitcoin may fall; conversely, if Bitcoin rises, it might be a good time to consider buying USDT.


  • The 'spike' phenomenon between 0:00 and 1:00

    Between 0:00 and 1:00 every day, the market often experiences a 'spike' phenomenon, with prices fluctuating rapidly. Friends in China can try to place low-price orders for coins they are optimistic about before going to sleep, or sell at high prices; sometimes, transactions may happen unexpectedly, allowing for 'lying on bricks'.


  • Market analysis from 6:00 to 8:00 in the morning

    The period from 6:00 to 8:00 in the morning is a key time to assess the day's market. If there is a continuous decline from 0:00 to 6:00, it indicates a high probability of a rebound today, and you might consider increasing your holdings; if this period has a continuous rise, it may indicate a pullback today, which is a sell signal.


  • Time zone fluctuation at 5:00 PM

    5:00 PM is a key time to watch for time zone fluctuations, as the U.S. market starts to become active, potentially triggering some volatility. Historically, many significant rises or falls also occur during this period.

  • The phenomenon of 'Black Friday'

    Some say there is a 'Black Friday' in the cryptocurrency world, referring to certain declines on Fridays. However, this pattern is not always accurate; sometimes there may be significant rises or sideways movement instead. So, do not overly believe in this rumor; just pay attention to market news.


  • The mindset for trading stablecoins

    If the coins you buy have enough trading volume, there is no need to panic even if there is a short-term drop. Be patient and hold on; over time, you will definitely break even. If you have extra USDT, you can gradually increase your holdings to lower your cost, which will speed up your break-even process. If you don't have spare cash, just wait for the rebound. However, if you really bought I coins, that's another story.


  • Long-term holding vs. frequent short-term trading

    From the perspective of the spot market, the returns from long-term holding are generally greater than from frequent trading. The key is whether you have the patience to hold and wait for the market to rebound.

  • Overall, the difficulty in making a profit is not the strategy, but the persistence in execution. For example, 'When the coin price is below the 30-day moving average for three consecutive days, decisively liquidate your holdings and do not hold any fantasies.' Many people fail to do this and are directly eliminated by the market. If you can't find a method that works for you, you can seek help from others; after all, sometimes when you're overly excited, you need someone to knock some sense into you.