One, Keen Eye for Opportunities: Finding the Traces of Small Bulls
1. Recent Strong Performance
First, focus on those cryptocurrencies that have increased by more than 100% in the last two months. These 'small bulls' often indicate stronger potential, as they have already shown high recognition and popularity in the market. Remember, the logic of the strong getting stronger also applies in the cryptocurrency market.
2. Innovation Peaks and Maturity
Further filter those projects whose prices have reached historical highs and have been launched for over six months. Historical highs are a direct reflection of market confidence, while long operational duration indicates a certain level of maturity and stability of the project. Don't miss the opportunity due to fear of 'getting too high', as every major bull's rise starts from doubling.
Two, Patient Waiting: The Art of Intermediate Adjustment
Definition of Intermediate Adjustment
Intermediate adjustment is the process of natural cooling in the market and turnover of chips, usually manifested as long periods of fluctuation or pullback, lasting at least two months. This process is crucial for the healthy development of the market as it allows excited funds to calm down, while chips with significant profits turn over in the market, thereby bringing the average cost closer for all participants.
Significance of Adjustment
Patiently waiting for intermediate adjustments is to balance the internal forces of the market, building momentum for subsequent increases. For particularly strong currencies, the adjustment time may be relatively short, but even so, attention should be paid to whether it has truly completed the necessary turnover and rest.
Three, Precise Entry: Dual Resonance of Index and Sector
Selection of Entry Timing
Just because the adjustment time has met the requirements does not mean one can blindly enter the market. More importantly, it is essential to observe the trends of the overall market and sectors, waiting for resonance signals to appear between them.
Two Key Signals
Breakout with Increased Volume: When a currency breaks through significant resistance levels with a long green candle after an adjustment, it often signals the start of a new upward trend.
Narrow Fluctuation with Decreased Volume: Another possible entry timing is during the end of an adjustment, when the price fluctuates narrowly with decreased volume, often indicating that the market is about to choose a direction, with a higher probability of breaking upwards.
Seize the Opportunity
There is no need to wait until the price surpasses the high point before the adjustment to enter the market, as that might mean missing the best buying opportunity. By observing the signals mentioned above, one can seize the opportunity near the starting point and occupy a more favorable position.
Conclusion
Capturing major bull coins is not easy; it requires sharp market insight, the ability to wait patiently, and precise operational skills. By identifying small bulls, patiently waiting for intermediate adjustments, and accurately grasping entry timing, we can find our own path to wealth in this cryptocurrency market full of opportunities and challenges.