In half a year, turning 10,000 U into 140,000 U sounds exaggerated, but this is something I've achieved through hard work.
There's nothing mystical about it; I treat trading as a craft, watching the market day after day, analyzing K-lines, and figuring out the tricks of the big players.
Today, I'm revealing six key insights that I've kept to myself. If you can grasp even one, you'll at least avoid some pitfalls.
First: Quick rises and slow falls are mostly washouts.
When prices shoot up rapidly but pullbacks are slow, don't rush to sell. This is usually the main players scaring retail investors and collecting chips. When it truly peaks, the rhythm completely reverses: a sudden plunge after a sharp rise can leave you with no time to react.
Second: Weak rebounds after a sharp decline mean don’t try to catch the bottom.
If the drops are fierce and the rises are weak, it means funds are pulling out. Don’t think, "It’s dropped so badly, it must be reversing," as this thought will lead you to trouble nine out of ten times. The main players won't give you a second chance to exit.
Third: High volume at the top doesn’t necessarily mean death; low volume at the top is the real danger.
If there’s still trading volume at the top, it indicates that funds are still battling, and the market might reverse again. The real danger is when the volume suddenly drops—this is a signal that the main players have stopped their activities.
Fourth: Sudden high volume at the bottom, don’t get excited right away.
One day of high volume doesn’t mean it’s taking off; much of it is just baiting. What matters is sustainability: if there’s continuous high volume after a period of consolidation, that’s real accumulation. Don’t let a single day’s illusion mislead your rhythm.
Fifth: Volume is the thermometer of market sentiment.
K-lines are the results; volume is the reason. Low volume means no one is playing; high volume means funds are in action. By keeping an eye on changes in volume, you can sense the direction of the wind ahead of time.
Sixth: No strategy is better than having a strategy.
When you can, stay out of the market; when you can act, do so decisively. Don’t chase, don’t panic, don’t sell recklessly; this might seem simple, but it's the hardest realm to achieve. Very few can do it.
Opportunities in the crypto world are never lacking; what’s lacking is the calmness and clarity of vision.
You’re not slow to learn; you’re just still wandering in the fog.
Follow me.
Follow the right rhythm, don’t mess around, and slowly you’ll start to understand this market.