Contracts sound impressive, but to put it simply, they are an enlarged version of spot trading – money comes in fast, and losses come even faster! If you want to play, you must fully understand the rules; don’t just rush in blindly. $ASTER

Don’t overlook funding fees: positive funding fees mean bulls are 'supplying' bears, so don’t blindly chase highs; negative funding fees mean bears are 'paying' bulls, often indicating that the market will likely drop further, so don’t rush to bottom fish.

Leverage should not be used recklessly; it's like a magnifying glass – you double your profits when you make money, but you also double your losses when you lose! Newbies should stick to 3-5 times leverage, while 10 times or more is meant for seasoned players with mature strategies, not for gambling. $PSG

How to play specifically? I’ve summarized it into four steps, which are simple and easy to execute:

First, look at the big picture. Don’t fixate on the one-minute candlestick chart until your eyes hurt; at least start with the daily chart – the arrangement of moving averages and MACD patterns can directly tell you whether the overall trend is up or down, and following the trend is the safe way to go.

Second, accurately find the entry point. Just focus on the four-hour chart: a pullback to the middle Bollinger band + RSI turning upwards is a stable entry point; if the trading volume suddenly increases and breaks through a key pattern, that’s a high probability scenario, so act decisively.

Third, set your stop-loss beforehand! Don’t hold onto the fantasy of a 'rebound'; preset your stop-loss point before opening a position, and if it hits that position, immediately cut losses and exit, as hesitation will only lead to liquidation. #币圈生存法则

Fourth, don’t be greedy when taking profits! Even if you make 10%, secure that profit first; the market will always present the next wave of opportunities, and greed will only cause you to give back your hard-earned profits, leading to a fruitless endeavor in the end.

For those who want to make money in the crypto space and avoid pitfalls, don’t hesitate, get on board quickly.

$BNB Follow Dayan, and Dayan will guide you in analyzing the market and catching signals; let’s work together to increase our account numbers.

#CryptoMarketObservation