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In the cryptocurrency circle, there used to be a confrontation between the East and the West, with market activity occurring both during the day and at night. The main market activities occur during Western hours, specifically between 21:30 and 7:30 Beijing time. Significant rises typically happen in the early morning, so a qualified trader's schedule should be to sleep at 20:00 and wake up at 4:00 to pay attention to trading.
1. During the daytime in China, a significant drop must be bottomed out; at night, foreigners will pull the market up at 21:30.
2. If there is a significant rise during the day, definitely do not chase the highs, as it will drop back at night.
3. The key signal for buying and selling is the pin bar; the deeper the pin, the stronger the buy and sell signal.
4. There will always be an increase before major meetings or favorable news, but once it lands, it will drop. #Tether否认调查和制裁 #年底牛还熊? #战火将如何牵动加密市场?