In the cryptocurrency world, there was previously a confrontation between the East and the West; there would be market activity both during the day and at night, with most activity occurring between 21:30-7:30 Beijing time.
Major surges typically happen in the early morning.
1. If there is a significant drop during domestic daytime hours, you must buy the dip; at 21:30, foreign traders will drive the market up.
2. If there is a major rise during the day, do not chase the highs; the price will likely drop back at night.
3. The key signal for buying and selling is the spike; the deeper the spike, the stronger the buy and sell signal.
5. Before major meetings or positive news, prices tend to rise, but once the news is out, they will fall.
6. When group discussions about strategies happen, and a community promotes a coin, it sounds enticing and exciting; there is a high chance you might get trapped, so consider reversing your position. If a coin is trending and very hot, you can short it immediately.
8. If a group member recommends a coin and it doesn’t interest you, there is a high probability it will take off; when in doubt, it’s worth trying a small amount.
9. When you hold a large position, you are likely to get liquidated; why? Because you are on the exchange's liquidation watchlist.
10. After your stop-loss on a short position is completed, the price will definitely drop; if they didn't trick you out or liquidate you, how could it fall? For example, TRB.
11. When you are close to breaking even, just a little bit away, if the rebound suddenly stops, why would they let you close and escape?
12. When you take profits, it will start to rise again; if you don’t exit, how can it move up? The position is too heavy.
13. When you are excited, a crash will come as expected; your excitement is also a trap set by the market makers.
14. When you are broke, every project seems to be rising, making you FOMO, prompting you to rush in.
So you understand, the market is manipulated with over 80% probability; in addition to controlling your position, you must also act decisively. Clearly, do not enter the market before confirming the market makers' actions; the moment you enter, the exchange is the butcher, and you are the fish.
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