Bull Market Patterns in the Crypto World
1. In most cases, Bitcoin is the leader of price fluctuations in the crypto market. Ethereum may sometimes diverge from Bitcoin's influence and exhibit a unidirectional trend, while altcoins generally cannot escape its impact;
2. Bitcoin and USDT move in opposite directions. If USDT rises, it's important to note that Bitcoin may drop; when Bitcoin rises, it's a suitable time to buy USDT;
3. Between 0:00 and 1:00 AM, price spikes are likely to occur, so crypto enthusiasts can place buy orders at lower prices and sell orders at higher prices for their preferred coins before sleeping; you might just make a profit while resting;
4. Every morning from 6:00 to 8:00 AM is a critical time for deciding whether to buy or sell, as well as judging the day's price movements. If the price has been falling from 0:00 to 6:00, the final drop may present a buying opportunity, and it is likely to rise that day. Conversely, if the price has been rising in that timeframe, it may be a selling opportunity, with a high probability of decline for the day;
5. 5:00 PM is an important time to pay attention to market rumors. Due to time zone differences, US traders are starting their activities, which could lead to fluctuations in coin prices. Notably, significant rises or drops have occurred around this time, so be particularly vigilant;
6. In the crypto world, there is a term called "Black Friday," referring to instances of significant drops occurring on Fridays, although there have also been major rises or sideways movements; it's not particularly reliable, just keep an eye on the news;
7. If a coin with a certain trading volume drops, there's no need to worry; holding on patiently will lead to a recovery. This could take anywhere from 3-4 days for short-term, to a month for longer-term. If you still have remaining USDT, consider averaging down to bring the price down; recovery will be quicker. If you have no spare cash, just wait; it won't disappoint you—unless you really bought a worthless coin;
8. Holding the same coin for long-term in spot trading with fewer transactions yields higher returns than high-frequency trading; it all depends on your patience to hold.
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