#数字资产市场反弹 As a former newcomer to the crypto market, I entered this field two years ago with only 100,000 yuan in funds, without any connections or insider information. Through diligent research of Candlestick patterns and constantly honing my mindset, I ultimately achieved a fifteenfold rise in my assets. Today, I would like to share a few valuable experiences gained during this journey, hoping to help new investors get on board with fewer detours.
First, remain calm when facing a slow decline after a sudden rise. When the price suddenly surges and then starts to gradually pull back, this is usually a tactic by market operators to shake out your positions, testing your patience and acquiring the chips in your hands. The true characteristic of a top is a "waterfall decline after a surge," akin to a straight drop like a roller coaster, and that serves as a signal to exit and liquidate.
Secondly, be wary of the slow recovery after a sharp decline. The seemingly gentle rebound after a crash is often a trap, possibly the last set-up by large funds, luring you to buy in halfway up the hill, only to face another sharp drop.
Third, pay attention to changes in trading volume. A surge in volume at the top does not necessarily mean the market has ended; it may instead signal a second wave of rise. What truly needs to be cautious is a sudden shrinkage in trading volume, with the market being as quiet as a ghost town, which is a precursor to a crash. At this time, one should decisively get on board.
Fourth, a single volume spike at the bottom is not sufficient to confirm a reversal. Only when there is a sustained moderate volume increase after consolidation is it a true signal for getting on board, at which point it is more likely to capture a major market trend.
Fifth, learn to interpret the market sentiment behind trading volume. The Candlestick chart shows the results, while the volume reflects the process. A decline in volume indicates a lukewarm market, while an increase in volume means capital inflow and heightened interest. The trading volume reflects the collective psychology of investors, which is worth studying in depth.
Sixth, cultivate the realm of "nothingness". Do not be attached to positions; when it's time to stay out of the market, stay out; do not be swayed by greed, and do not blindly chase the soaring cryptocurrencies; do not fall into panic, and have the courage to buy at appropriate price levels.
The market itself never makes mistakes; only our judgments do. In the field of crypto assets, instead of predicting the future, it's better to maintain a stable mindset and persist until the next cycle, as that alone has already outperformed most people. Let us work together to find our own opportunities in this market!
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#数字资产市场反弹 As a former newcomer to the crypto market, I entered this field two years ago with only 100,000 yuan in funds, without any connections or insider information. Through diligent research of Candlestick patterns and constantly honing my mindset, I ultimately achieved a fifteenfold rise in my assets. Today, I would like to share a few valuable experiences gained during this journey, hoping to help new investors get on board with fewer detours.
First, remain calm when facing a slow decline after a sudden rise. When the price suddenly surges and then starts to gradually pull back, this is usually a tactic by market operators to shake out your positions, testing your patience and acquiring the chips in your hands. The true characteristic of a top is a "waterfall decline after a surge," akin to a straight drop like a roller coaster, and that serves as a signal to exit and liquidate.
Secondly, be wary of the slow recovery after a sharp decline. The seemingly gentle rebound after a crash is often a trap, possibly the last set-up by large funds, luring you to buy in halfway up the hill, only to face another sharp drop.
Third, pay attention to changes in trading volume. A surge in volume at the top does not necessarily mean the market has ended; it may instead signal a second wave of rise. What truly needs to be cautious is a sudden shrinkage in trading volume, with the market being as quiet as a ghost town, which is a precursor to a crash. At this time, one should decisively get on board.
Fourth, a single volume spike at the bottom is not sufficient to confirm a reversal. Only when there is a sustained moderate volume increase after consolidation is it a true signal for getting on board, at which point it is more likely to capture a major market trend.
Fifth, learn to interpret the market sentiment behind trading volume. The Candlestick chart shows the results, while the volume reflects the process. A decline in volume indicates a lukewarm market, while an increase in volume means capital inflow and heightened interest. The trading volume reflects the collective psychology of investors, which is worth studying in depth.
Sixth, cultivate the realm of "nothingness". Do not be attached to positions; when it's time to stay out of the market, stay out; do not be swayed by greed, and do not blindly chase the soaring cryptocurrencies; do not fall into panic, and have the courage to buy at appropriate price levels.
The market itself never makes mistakes; only our judgments do. In the field of crypto assets, instead of predicting the future, it's better to maintain a stable mindset and persist until the next cycle, as that alone has already outperformed most people. Let us work together to find our own opportunities in this market!