No matter what market it is
You just need to grasp two important points, one is liquidity and the other is emotion
Regarding liquidity, there are many objective factors that affect this point. In the crypto circle, many people will look at US stocks and Nasdaq, but to put it bluntly, most of them do not have the ability to analyze independently. They are either repeaters or just fantasizing. When the market turns, they will realize it later.
Regarding emotions, it is nothing more than emo after missing out and fomo chasing highs, which are not advisable. In terms of emotional management, there are two systems, one for yourself and the other for the market. You should have your own strategy for yourself, not chasing highs and not killing lows. For the market, you should pay attention to buying at different places and selling at the same place.