Bull Market Rules in the Cryptocurrency World

1. In most cases, Bitcoin is the leader in the fluctuations of the cryptocurrency market. Ethereum may sometimes deviate from Bitcoin's influence and exhibit a one-sided trend, while altcoins generally cannot escape its impact;

2. Bitcoin and USDT move in opposite directions; if USDT rises, it is important to pay attention to Bitcoin's decline. When Bitcoin is rising, it is a suitable time to buy USDT;

3. The pinning phenomenon is likely to occur between 0:00 and 1:00 AM every day, so cryptocurrency enthusiasts can try to place buy orders for their desired coins at a low price and sell orders at a high price before going to bed; you might just make a profit while sleeping;

4. The time between 6:00 and 8:00 AM is a crucial moment to determine whether to buy or sell, as well as to assess the day's potential rise or fall. If the price has been falling from 0:00 to 6:00, this final drop may be a buying or averaging opportunity, and it is likely to rise that day. Conversely, if the price has been rising from 0:00 to 6:00, this is a selling opportunity, and it is highly probable that it will fall that day;

5. 5:00 PM is an important time to pay attention to in the community. Due to time zone differences, American traders are starting their activities, which may cause fluctuations in cryptocurrency prices. Significant rises or falls have indeed occurred at this time, so stay particularly alert;

6. There is a saying in the cryptocurrency world about "Black Friday." There have been several instances of significant drops on Fridays, but there have also been occasions of large rises or sideways movement, so it's not particularly reliable; just keep an eye on the news;

7. If a cryptocurrency with a certain trading volume declines, there is no need to worry. Patience will lead to breakeven; typically, it takes 3 to 4 days for short-term recovery and up to a month for longer-term recovery. If you still have remaining USDT, consider averaging down your position in batches to lower the price, which can speed up the recovery. If you have no spare cash, just wait; it won't disappoint you unless you genuinely bought a worthless coin;

8. For spot trading of the same cryptocurrency, holding long-term with less trading activity yields greater returns compared to high-frequency trading; it all depends on your patience to hold.