HancoZhang

China's Core Advantages in the China-U.S. Trade War

• Huge Market: 1.4 billion people with significant domestic demand potential, which can offset export fluctuations.

• Complete Industrial Chain: The only country with all industrial categories, strong supply chain resilience.

• Technological Breakthroughs: Accelerated independent innovation in fields such as chips and high-end manufacturing, reducing dependence.

• Control of Rare Earths: Over 60% of global rare earth production + 90% processing capacity, with high dependence from the U.S.

• Policy Regulation: System advantages to quickly mobilize resources, stabilize the economy and resist risks.

• U.S. Treasury Leverage: Holding a large amount of U.S. Treasury bonds, which can influence the stability of dollar assets when necessary.

#看懂K线 Quick Understanding of K-Line: From Basics to Key Points in Practical Application

I. Basic K-Line Patterns and Meanings

• Single K-Line Structure:

◦ Body: The range between the opening price and the closing price, the body color (red/green) indicates the rise or fall—closing price > opening price is a bullish line (green), conversely a bearish line (red).

◦ Upper and Lower Shadows: The parts exceeding the body for the highest and lowest prices, the longer the shadow, the greater the price fluctuation.

• Common Single K-Line Signals:

◦ No Shadow Bullish Line: No upper or lower shadows, closing price = highest price, strong bullish momentum.

◦ Doji Star: Opening price ≈ closing price, very short body, balance between bulls and bears, may indicate a trend reversal point.

◦ Long Upper Shadow: Price rises and then falls back, heavy selling pressure above, may indicate a peak.

II. K-Line Combinations and Trend Judgments

• Bullish Signals:

◦ Bullish Engulfing: The body of the following bullish line completely covers the previous bearish line, bullish counterattack.

◦ Morning Star: A combination of three K-Lines (bearish line + doji star + bullish line), a bottom reversal signal.

• Bearish Signals:

◦ Bearish Engulfing: The following bearish line covers the previous bullish line, bears are dominant.

◦ Evening Star: A combination of three K-Lines (bullish line + doji star + bearish line), a top reversal signal.

• Consolidation Signals:

◦ Rectangular Consolidation: K-Lines fluctuate up and down within a parallel range, no clear trend, waiting for a breakout direction.

III. Key Technical Indicators Combined with K-Line

• Moving Averages (MA):

◦ Short-term moving averages (such as 5-day, 10-day) crossing above long-term moving averages (such as 20-day, 60-day), forming a “golden cross”, bullish; conversely, a “death cross” is bearish.

• Trading Volume:

◦ Volume increases during an uptrend, validating the trend’s effectiveness; volume decreases during a downtrend, may indicate a bottoming out.

• MACD:

◦ The DIF line and DEA line golden cross and the histogram turning from green to red is bullish; a death cross and the histogram turning from red to green is bearish.

IV. Key Points to Avoid Pitfalls in Practice

• Do not solely rely on K-Line: K-Line should be judged in conjunction with the overall market environment, sector heat, and fundamentals (such as project announcements) (Example: A certain cryptocurrency's K-Line shows a “bullish engulfing,” but regulatory news is negative, it may continue to decline).

• Pay attention to cycle differences:

◦ 1-hour K-Line is suitable for short-term trading, daily/weekly lines are more suitable for medium to long-term trends (Example: A short-term K-Line shows a “doji star,” but the weekly line is still in an upward channel, it may just be a short-term adjustment).

#常见交易错误 加密交易高频错误及避坑指南

• 私钥泄露：手写私钥拍照存手机、用邮箱/云笔记备份，黑客可通过恶意软件或钓鱼攻击获取，最终导致资产被盗。

• 钱包授权滥用：点击DApp链接后直接“全量授权”资产，相当于给项目方无限转账权限，曾有用户因授权钓鱼合约，钱包资产被瞬间转空。

• 误操作转账：

◦ 向交易所转币时选错链（如ERC-20代币转至TRC-20地址），资产无法到账且无法找回。

◦ 复制地址时漏字母/数字（如将“0”看成“O”），转错地址后资产彻底丢失（区块链转账不可逆）。

• 追涨杀跌策略：

◦ 看到币种短时暴涨后跟风买入，常买在高点（如某币24小时涨300%，买入后次日暴跌50%）。

◦ 下跌时恐慌抛售，卖在底部，错过后续反弹（典型如2022年LUNA暴跌时割肉，后短期回升20%）。

• 合约爆仓误区：

◦ 高杠杆（如100倍）下单后不设止损，行情波动1%即爆仓（100倍杠杆下，1万U本金波动100U就会被强平）。

◦ 逆势扛单，认为“跌了总会涨回来”，但极端行情（如UST脱锚）可能持续暴跌至归零。

• 轻信“内部消息”：社群中“老师带单”“私募必涨10倍”等话术，实为操盘手拉人接盘，常见模式是先喊单暴涨，散户买入后主力砸盘出货。

• 忽视流动性风险：在小众交易所买低市值币种，想卖出时发现买单量极少，只能大幅折价抛售（如1万U买入某币，卖出时因无接盘侠，最终只收回6000U）。

避坑核心：每笔操作前停顿10秒——核对地址/链类型、确认授权范围、评估风险承受力，拒绝“冲动交易”和“盲目跟风”。

The transaction fee types for cryptocurrency trading on #交易手续费揭秘 are diverse and influenced by factors such as platform type, trading pairs, and user levels. The specifics are as follows:

• Transaction Fee: This is the primary type of fee, divided into 'Maker' fees and 'Taker' fees. Makers increase market liquidity, with lower fees typically ranging from 0-0.2%; Takers eliminate market liquidity, with higher fees that can reach 0.5% or more. Some exchanges adopt a tiered system, where larger trading volumes lead to lower fees.

• Deposit and Withdrawal Fees: Most exchanges do not charge deposit fees for cryptocurrencies, but fiat currency deposits may incur fees depending on the payment method (such as credit cards). Withdrawal fees vary based on the platform, payment method, and cryptocurrency type, with Bitcoin and similar currencies typically having higher withdrawal fees due to network characteristics.

• Spread Fees: This is reflected in the buy-sell price difference of cryptocurrencies. A widening spread means a higher buying price and a lower selling price, which can reduce potential profit margins and can be seen as implicit trading costs.

• Funding Rate: Mainly found in perpetual contract trading, this fee is based on the price difference between the perpetual contract market price and the spot price, paid to long or short traders and settled every 8 hours, fluctuating according to the capital amounts of both sides.

• Other Fees: These include account maintenance fees, idle fees, margin trading interest, and fees for special trading features (such as stop-loss orders), but not all exchanges charge these fees.

There is a significant variance in fee standards among different exchanges. For example, Binance's spot trading fee is 0.1%, which can be reduced to a minimum of 0.075% when paid with BNB, while contract trading fees generally range from 0.01% to 0.04%. On OKEx, the taker fee for ordinary users is 0.06%-0.08%, and the maker fee is 0.06%-0.1%.

#加密安全须知 Encryption Security Core Guidelines

• Private Key is Asset: Private keys / mnemonic phrases must never be leaked or stored on connected devices (such as screenshots sent via WeChat, stored in cloud notes). If lost, they cannot be recovered. It is recommended to write them down by hand on paper and store them in a safe place.

• Wallet Security:

◦ Download official wallets (such as MetaMask, Trust Wallet) and be wary of phishing apps (counterfeit icons, domains with many letters and few numbers).

◦ Do not click on unfamiliar links or scan codes to authorize wallets; avoid “signature authorization” to prevent asset theft (authorization gives operational permissions).

• Exchange Risks:

◦ Choose leading compliant platforms (such as Binance, Coinbase), enable 2FA (Google Authenticator/hardware wallet), and do not use the platform's default email verification codes.

◦ Do not store large amounts of assets for a long time; regularly transfer funds to personal wallets to guard against platform hacking or exit scams.

• Trading Caution:

◦ Test with small amounts before making large transactions, especially on decentralized exchanges (DEX); ensure the contract address is correct (counterfeit contracts often change suffix letters).

◦ Be wary of “high yield airdrops” and “private placement investments”; 99% are scams, as legitimate airdrops do not require prior transfers or staking of assets.

• Environmental Safety:

◦ Regularly antivirus devices, do not trade on public WiFi, and avoid browser plugins (such as wallet plugins) being tampered with.

◦ Use dedicated phones/computers for sensitive operations (transfers, withdrawals) to reduce the operation of multitasking software.

Core Principle: At all times, asset control remains in your hands. Stay vigilant against behaviors such as “actively requesting private keys,” “high return promises,” and “emergency transfers.”

#交易对 Trading Pair: Core Concept Analysis

• Definition: The exchange rate between two assets in an exchange, such as "BTC/USDT" which indicates the exchange of Bitcoin for Tether, where the former (BTC) is the base currency and the latter (USDT) is the quote currency.

• Types:

◦ Mainstream Trading Pairs: Such as BTC/USDT, ETH/USDT, which have high liquidity and low slippage, suitable for large transactions.

◦ Stablecoin Trading Pairs: Using stablecoins like USDT, USDC as the quote currency, with small price fluctuations, making it easier to anchor value (e.g., SOL/USDT).

◦ Similar Coin Trading Pairs: Such as BTC/ETH, directly exchanging one cryptocurrency for another without needing to go through a stablecoin.

◦ Fiat Trading Pairs: Supported by a few compliant exchanges (e.g., BTC/USD), allowing direct buying and selling of cryptocurrencies with fiat currency.

• Function: Determines the direction of asset exchange in a trade; choosing trading pairs with high liquidity can reduce slippage. For example, when buying ETH, selecting ETH/USDT is more cost-effective than ETH/small stablecoin.

#交易流动性 交易流动性与滑点：核心关系解析

• 流动性：市场买卖盘的活跃程度，流动性高意味着买卖盘量大、价差小（如比特币主流交易所），下单易成交；流动性低则买卖盘少、价差大（如小众币种），下单难即时成交。

• 滑点：下单价格与实际成交价格的差值。流动性差时，大额订单需“吃掉”多层挂单，导致成交价大幅偏离预期（例：用100万USDT买某小盘币，挂单1000USDT的卖盘只有10层，需扫到更高价格成交，滑点可能达5%以上）。

• 影响因素：币种市值、交易所深度、订单规模。市值越大、交易所流动性越充足，滑点越小；反之，小额订单在主流币交易中滑点可忽略，大额订单在小众币中滑点显著。

#订单类型解析 Order Type Core Analysis

• Market Order: Executes immediately at the best available market price. The advantage is speed, but the downside is that the price may deviate from expectations (especially during high volatility).

• Limit Order: Sets a target price for execution, trades occur only when the price is reached. Suitable for entering at predicted price levels, but if the price is not touched, the order will not execute.

• Stop Loss Order: Used to control risk; automatically sells (or buys) at market price when the price falls below (or rises above) the set value, preventing losses from widening.

• Take Profit Order: Opposite of stop loss; automatically closes the position when the price reaches the expected profit point, locking in gains.

• Conditional Order: Combines triggering conditions (such as price + time); executes trades when conditions are met, suitable for automated strategies.

Core Logic: Market orders seek efficiency, limit orders seek precision, stop loss/take profit orders control risk, and conditional orders adapt to complex scenarios.

#中心化与去中心化交易所 Core Differences Between Centralized (CEX) and Decentralized (DEX) Exchanges

• Management Model: CEX is operated by institutions, and users need to register to custody their assets; DEX is based on smart contracts, allowing users to manage their wallet private keys independently.

• Trading Method: CEX uses an order book model, resulting in high trading efficiency; DEX exchanges automatically through AMM, which is convenient for small amounts but can suffer from slippage for large amounts.

• Security: CEX has the risk of platform theft; DEX allows for private key custody, but vulnerabilities in the smart contract can lead to losses.

• Barrier to Entry: CEX supports fiat currency and provides services in Chinese, making it suitable for beginners; DEX requires knowledge of wallet operations and trading with multiple cryptocurrencies.

#交易类型入门 on Binance Trading:

• Spot Trading: This is the direct buying and selling of cryptocurrencies, using full capital for transactions. For example, spending 5000 yuan to buy Bitcoin worth 5000 yuan, with no leverage, which carries relatively low risk. The price is determined by current market supply and demand, suitable for conservative investors.

• Contract Trading: This is a type of financial derivative that allows for two-way trading. If you predict the price will rise, you go long; if you predict it will fall, you go short. It also offers varying leverage from 1 to 125 times. For instance, using 10x leverage, a principal of 1000 yuan can control a position worth 10000 yuan, amplifying both returns and risks. If your judgment is incorrect, losses can also multiply.

• Leverage Trading: The core concept is borrowing funds to increase position size. There is isolated margin and cross margin. Isolated margin allows borrowing funds for a single position, with profits and losses of each position not affecting each other; cross margin borrows funds for all positions in the entire account, with profits and losses of positions being interconnected. When trading, attention must be paid to margin; if losses result in insufficient margin, forced liquidation may occur.

When investing in WCT in the crypto space, decisiveness is really important. I previously saw news about new collaborations in its ecosystem, and when the market hadn't fully reacted yet, I didn't hesitate to jump in. After all, WCT, as the token of WalletConnect, connects over 23 million users and numerous blockchain projects; for such infrastructure tokens, opportunities at critical nodes are fleeting.

Although this operation only made a bit of small profit, I deeply realized: in the crypto space, information asymmetry and response speed are key. Once you identify the logic, don't hesitate; of course, the prerequisite is to understand the project's fundamentals first. Decisiveness is not about rushing blindly, but about making quick judgments on risks and opportunities.

#抄底

Recently, I made a bottom-fishing operation on SOL in the cryptocurrency market and made a small profit of about 2%, roughly 1400 USD. But I know in my heart that this is just a small piece of luck in the crypto world and definitely not a performance worth boasting about.

The cryptocurrency market is very deep; the price trend of SOL is influenced by too many factors. Market conditions change rapidly, and price trends, market capitalization, and trading volume are constantly fluctuating; its fundamentals, like technology, use cases, team status, community support, and future development plans, also need in-depth research to judge whether it really has potential. Moreover, market trends and prospects are crucial; it is essential to see if it is in a field with growth potential and what risks and competition it faces.

Being able to profit this time is largely due to good luck. In the cryptocurrency market, risk is always the top priority, and one must never invest money they cannot afford to lose. I constantly remind myself not to become complacent or blindly confident because of this success. The road ahead is long, and investment decisions must be made with great caution; one must do more research and analysis, control risks well, and preserve the principal, which is the most important thing.