CounterIndicator

I discovered a super interesting Bitcoin news story. Over the past six months, while almost all national governments have not sold their Bitcoin, a very contradictory opposing trend has emerged — El Salvador has been increasing its holdings from 6,376 to 7,600 coins, while Bhutan has been dumping aggressively, selling from a peak of 13,000 down to 4,000.
Speaking of Bhutan, most people's impression is that of a mysterious Buddhist country that proposed the "Gross National Happiness" index. But you might not expect that this country, which only introduced the internet in 1999 and has banned pla

Recently, I saw someone around me get scammed by a Ponzi scheme again. A friend spent over 10,000 yuan to buy a so-called Ponzi bank card and mining phone, and the person just ran off. I want to explain the logic of this scam to everyone so that no one falls for it.
First, let's talk about what Ponzi coins really are. Many people think it's some kind of blockchain project, but it's not at all. The Ponzi coin app looks very simple: download the software, click a button every day to "mine," and invite friends to speed up. Sounds a lot like a certain domestic e-commerce scam, right? It’s definite

Recently, a friend asked me what the underlying logic is behind this wave of Bitcoin market movements. I realized that to understand the rise and fall of cryptocurrencies, it’s really about understanding changes in market supply, demand, and expectations.
Let’s start with the most straightforward facts. Bitcoin rose from around $15,000 over two years ago to a historic high of $126,080 last year. That increase was indeed astonishing. But now, it has pulled back to around $70,920. There are clues behind this volatility.
First, there are changes on the supply side. Bitcoin has a total supply cap

Recently, many beginners have been confused by various terminology after entering the crypto space. I’ve decided to organize a beginner’s guide to answer some of the most frequently asked questions.
First, it’s important to understand the difference between fiat currency and tokens. Fiat currency refers to government-issued money like RMB or USD, backed by government credit. Tokens, often called coins, but more accurately called “digital assets” or “utility tokens,” represent proof of rights on the blockchain. Tokens have three core elements: they must be digital certificates of rights, secure

Recently, I’ve noticed more and more friends around me want to get into the crypto world, but many of them don’t actually understand how to get started. So I’m going to organize the basic knowledge I’ve figured out over the past few years, hoping it can help everyone.
First, let’s talk about what “trading crypto” means. Put simply, it’s buying and selling digital assets on an exchange, and earning the spread by taking advantage of price fluctuations. Bitcoin and Ethereum are the two most mainstream types. The trading mechanisms in the crypto world are much more flexible than the stock market—t

When hanging out on Discord and Twitter, you've probably seen all kinds of unique profile pictures. Behind those PFPs, there's actually a whole culture.
PFP stands for Profile Picture, simply put, your personal avatar. But in the crypto community, PFPs usually refer to digital avatars issued by NFT projects, not just casual selfies. The most classic examples are CryptoPunks and Bored Apes, which have become symbols of identity since their launch.
You'll see various styles of PFPs trending, including pixel art, cartoon characters, and some more bizarre designs like cats, dogs, and skulls. The c

Recently, while revisiting K線 chart patterns, I was reminded of an ancient saying—“once momentum is gathered, then it declines; after the third time, it is exhausted.” This logic fits especially well when applied to an M top and an m bottom.
Let’s first look at the M top scenario. On the first push to a higher level, the bulls’ momentum is at its strongest; the market is filled with bullish voices, and capital rushes in. But by the second push to a higher level, everything changes. Retail investors who were trapped earlier begin to get out and escape their positions, and early profit-taking or

Retail investors' biggest problem is not knowing where to buy or sell. I often see people shooting in the dark, only to get trapped at the worst possible positions. In fact, true experts have long mastered a secret weapon: knowing how to identify those key support points.
Did you know that less than 10% of investors can accurately catch the bottom? Why? Because they’ve learned a skill—drawing support lines. Today, I’ll break down how these trading masters operate.
First, you need to understand what a support line is. When the price drops to a certain level, the bulls see an opportunity and buy

Recently, I’ve noticed that many new traders tend to fall into traps when using RSI. The main reason is that they don’t adjust the RSI settings according to their trading style. I want to share from practical experience how to properly use this indicator.
First, the conclusion: RSI isn’t a magical tool; it’s used to judge whether the market is overreacting. When RSI exceeds 70, it indicates that the upward momentum might be a bit overextended, with a risk of a pullback; below 30 suggests oversold conditions and a potential rebound. But this is just the surface. The real key lies in how to set

Friends who are new to the blockchain space probably have experienced this feeling: everywhere you see abbreviations like PoW, PoS, DPoS, as if you’ve been transported back to an era dominated by English terms. Actually, this is quite normal—blockchain itself is a global thing, and English terminology is unavoidable. But don’t worry, today I’ll help clarify what these three consensus mechanisms are all about.
Let’s start with PoW, which stands for Proof of Work. The name says it all—you get out what you put in. Simply put, everyone works together to solve the same problem; whoever solves it fi

Many people get confused between MA and EMA when looking at trading charts. In fact, the difference isn’t that complicated—today, I’ll simply explain what these two moving averages are.
First, MA is the most basic moving average. For example, the MA7 on a 7-day K line is simply calculated by adding up the closing prices from the past 7 days and dividing by 7. The result is the average cost of the trading lots over that period. The concept is very straightforward: it shows the average price at which people have been entering the market in recent days.
EMA is more interesting. It is also a movin

Recently, someone asked me how to calculate the KD indicator. Actually, this is a good question because many people have used the KD indicator for years without truly understanding its logic.
Let's start from the basics. The KD indicator consists of three parts: RSV, K value, and D value. They build upon each other, ultimately forming the line we see.
RSV is the foundation, determining whether the current price is at a high or low point within a certain period. The formula is simple: (Today's closing price – Lowest price in the past n days) / (Highest price in the past n days – Lowest price in

Recently, I came across an old news story that has been reignited and widely discussed again—the report about Zhao Dong, a former prominent figure in the crypto world, after he completed a 7-year prison sentence in jail and reappeared in the United States last September. This is actually well worth deep reflection.
As for Zhao Dong, to longtime veterans in the crypto industry, this name carries considerable weight. In the early days, he started with one million yuan in capital, accumulating assets through Bitcoin trading, futures, and mining. At the peak of his career, his net worth was report

Recently, a friend asked me how to interpret MA moving averages, so I organized my understanding and shared it with everyone. Moving averages are indeed the most basic and commonly used indicator. Essentially, they connect the average cost over a certain period, helping us judge market trend directions.
First, let's talk about what MA is. MA stands for Moving Average, and the concept is quite simple: it sums up the closing prices over a certain number of days and divides by that number of days. For example, MA5 is the average closing price over the last 5 days; MA10 is the 10-day average; MA20

Recently, I've seen quite a few people asking about liquidity, so I might as well organize my understanding and share it with everyone.
When it comes to liquidity, many people may have heard of it but haven't truly understood what it is. Simply put, it refers to the total of all pending orders at a certain price level in the market. Every high and low point hides liquidity, and smart funds rely on this liquidity to fill market gaps and make profits.
Liquidity can be divided into several categories. I'll start with the two most common ones. Buyer liquidity refers to where those wanting to sell

Recently, the market has been really unpredictable, with wild swings that catch everyone off guard. We've all seen bull and bear markets, but this so-called "monkey market" is truly a torment.
To put it simply, a monkey market is like this: big players take profits and exit, but institutions aren't in a rush to buy in; they’re waiting for lower prices before stepping in. As a result, the market remains bullish but with very strange volatility—sometimes it surges, sometimes it crashes, and the fluctuations are irregular.
The recent movements are classic signs of a monkey market. If you're not p

Recently, I’ve been thinking about an interesting phenomenon. Many people are full of longing for Web3 jobs—especially that kind of remote, high-paying, freedom-filled work style. It’s truly attractive. But the more I think about it, the more I realize that behind it there are many legal pitfalls that many people haven’t fully thought through.
To be honest, the temptation of Web3 jobs really is strong. No 996 schedule, no squeezing onto the subway, salaries that are pretty impressive compared with traditional industries, and the ability to write code at the foot of snow-capped mountains while

I've been researching the story of the legendary coder behind Solana lately, and the deeper I go, the more I realize this guy's experience is a bit out of the ordinary. Anatoly Yakovenko might still be a stranger to many, but what he's created has changed the entire blockchain speed game.
It's interesting to note that Anatoly Yakovenko's story is a classic geek's struggle story. Born in Ukraine in 1985, he immigrated to Illinois, USA with his family in the early 90s. Back then, his English was still rough, and he had to stay up late self-learning C language to start his programming journey. Fr

A year has passed, and I recall the discussions about algorithmic stablecoins that started in 2025. Back then, everyone was asking: Is this time truly different? Or are we just going to repeat past tragedies? Looking back now, the situation is indeed more complicated than expected.
The concept of algorithmic stablecoins itself is quite elegant — no central authority needed, relying purely on smart contracts and supply-demand balance to maintain a $1 peg. Theoretically perfect, but in practice? We all know the answer.
The collapse of Terra’s UST is still vivid in my memory. At the time, the mec