Since posting in the square, I've found that many new friends don't even know where to find basic knowledge like liquidation maps and cryptocurrency news. Here, I introduce a few must-see Chinese news sources and some basic tools for everyone:

1.CoinGlass

It can be said that trading cryptocurrencies without checking CoinGlass doubles the chance of liquidation! This is a very professional website that includes real-time liquidation volume across the network, a liquidation map for all exchanges, funding rates, long-short ratio, and the BTC peak escape index, covering almost all technical tools needed for cryptocurrency exchanges. I strongly recommend those who haven't used it to take a look for themselves. The most important thing is that it can be directly accessed in the domestic market and is free.

2.Blocktempo and Techub

Both are real-time Chinese news websites in the cryptocurrency space. The former is aimed at Taiwan while the latter targets Hong Kong. In terms of article depth, TECHUB is better, but BLOCKTEMPO is more concise and has a higher publication frequency than TECHUB. Generally, global news related to cryptocurrency is updated in real-time.

3.CoinMarketCap

It is also a very professional website that mainly provides detailed trading information, circulation, and number of holders for various on-chain issued currencies, including cryptocurrencies, NFTs, and recently popular meme coins and Solana. It also includes ratings of various altcoins that have not yet been listed on Binance, as well as the auditing companies. Both its website and social media provide this information.

BTC.D Bitcoin market dominance. Generally speaking, if the K-line rises, it indicates that money is flowing into Bitcoin, making it likely that the increase in BTC will be greater than that of altcoins, and vice versa.

ETH/BTC Ethereum to Bitcoin exchange rate, similar to the previous indicator. Generally speaking, if the K-line rises, the short-term increase of ETH will be greater than that of BTC, and vice versa. These two data points are mainly used as a reference when you are considering which cryptocurrency to choose, and their price reference is not very significant. Both can be viewed in real-time K-line on TradingVIEW.

BTC1 Bitcoin futures, there is a certain price difference between BTC futures and the spot price. I mainly use it to observe the futures price gap, as the probability of BTC filling the gap is very high.

These are some tools that I personally use frequently, sharing them with everyone. However, regardless of the tool, I believe that only through multiple resonances can we reach the other shore. I wish everyone finds their own golden path! $BTC