1. In most cases, Bitcoin is the leader in the rise and fall of the cryptocurrency market. Strong Ethereum tokens may sometimes move independently from Bitcoin, but altcoins generally cannot escape its influence.
2. Bitcoin and USDT move in opposite directions. If you notice USDT rising, be cautious as Bitcoin might fall. When Bitcoin is rising, it is a good time to buy USDT.
3. The phenomenon of price spikes often occurs between 12 AM and 1 AM each day, so domestic traders can set low buy prices for their desired coins and high sell prices before going to bed, as it might just execute while they are asleep.
4. The time between 6 AM and 8 AM is a good opportunity to judge when to buy or sell, and it is also a critical point for predicting the day’s price movements. If the price has been falling from 12 AM to 6 AM, and continues to fall during this period, it’s a buying or averaging down opportunity, and the day is likely to see an increase. Conversely, if the price has been rising during this period, it’s a selling opportunity, and the day will likely see a drop.
5. 5 PM is an important focus point for rumors in the cryptocurrency world. Due to time zone differences, American traders are waking up to start their work, which may cause fluctuations in the prices of cryptocurrencies. Significant rises or falls have indeed occurred at this time, so be especially vigilant.
6. There is a saying in the cryptocurrency world about 'Black Friday.' There have been a few instances of significant drops occurring on Fridays, but there have also been significant rises or sideways movements, so it's not particularly reliable; just keep an eye on the news.
7. If a cryptocurrency with a certain trading volume drops, there’s no need to worry. Patience will ensure you recover your investment, whether in 3-4 days or a month. If you have extra USDT, consider averaging down to bring the price down; this will help you recover your investment faster. If you don’t have extra funds, just wait; it won’t let you down, unless you actually bought I coin.
8. Holding the same cryptocurrencies for the long term with fewer transactions yields greater returns than frequent trading; it just depends on whether you have the patience to hold. I bought Dogecoin at 0.1 and have seen it increase more than 20 times while playing around in the cryptocurrency market.
Strong rebound, doubling profits! Follow Biao Ge's lead and position yourself early to win at the starting line.
Keep an eye on: SPK, FIDA
