1. Volume: Understanding money means understanding direction.
Trading volume and open interest are the true thermometers in the crypto world. Remember these four phrases:
1. Volume increases without a drop — the bears are exhausted, a rebound can come at any time;
2. Volume increases without price rise — the bulls are losing momentum, prepare to exit;
3. Steady volume increase during price rise is healthy; be cautious of sudden large volume or sudden decrease in volume;
4. Only when the key level breaks with volume is it a real drop; don't rush to catch the falling knife.
Take ETH as an example: if it drops to around 2800 U with a sudden spike in volume but no new low, it means the bulls are supporting it; buying in often has a high success rate.
2. Key levels: Use Fibonacci to draw the 'life and death line'.
Always draw three lines during trading:
1. Fibonacci levels 0.618/0.5/0.382 are the preferred areas for retracement buying;
2. Trendlines, a slope of 45° is the most stable; buy on retracement, sell on pullback;
3. Support/Resistance: Only when the price 'stabilizes with 3 consecutive candlesticks + volume' is it considered a valid breakout, and you can follow it.
I used a 0.618 retracement on SOL five times yesterday; relying on measurement is more credible than just eyesight.
3. Focus: 'Squeeze' one coin dry.
Focus on one coin every day and understand its temperament:
1. Observe when it likes to pump, when it likes to sleep, and which false breakouts the main force commonly uses;
2. If the amplitude over three days is <5% or trading volume drops below 1/3 of the norm, blacklist it and change targets.
I focused on ETH for three months, increasing my win rate from 50% to 70%; the secret is 'don't trade what you are not familiar with'.
4. Time: Three cycles nested, maintaining rhythm.
Always open three levels in the interface:
1-minute chart — like a scalpel, find precise entry and exit points;
3-minute chart — a swing anchor; exit if it drops 3% below the entry price or if three consecutive reverse candles appear;
30/60 minute chart — the steering wheel; only trade long when moving averages are bullish, and never go long when bearish.
Synchronize three windows to be quick, accurate, and ruthless, without fearing a reverse hit.
5. Stop-loss: You must be able to afford the loss to win.
Stop-loss triggered, immediately move on; never average down. Treat each trade as a new opportunity: if you lost 500 U on the last one, the next one can still earn you 800 U according to the rules. Emotional trading is the biggest black hole in intraday trading.
In summary: Intraday is not about prediction, but tracking. Volume tells you where the money is, key levels tell you when to pull the trigger, and discipline tells you when to put the gun down. Repeat these actions to the extreme, and earning 10,000 U daily will feel as natural as turning on a faucet.
