A Brief Discussion on the Patterns and Some Tips of the Crypto Circle:
1. In most cases, Bitcoin is the leader of the rise and fall in the crypto circle. Occasionally, high-quality altcoins may deviate from Bitcoin's influence and exhibit unilateral trends, while shoddy altcoins generally cannot escape its influence;
2. BTC and USDT move in opposite directions. If USDT rises, be cautious of BTC falling; when BTC rises, it is a suitable time to buy USDT;
3. Between 0:00 and 1:00 every day, there's a tendency for price spikes to occur, so domestic crypto enthusiasts can try to place a low buy order for their desired altcoin and a high sell order before going to sleep, which may result in successful trades while they rest;
4. Between 6:00 and 8:00 in the morning is a key time to assess buying or selling, as well as to gauge the day's potential rise or fall. If the price falls from 0:00 to 6:00 and continues to fall, it’s a buying opportunity with a high likelihood of an increase that day. Conversely, if the price rises during this period, it’s a selling opportunity, and the price may likely drop that day;
5. 5:00 PM is an important point of interest due to rumors circulating in the community. As friends in the U.S. wake up and start trading, it may cause price fluctuations. Significant rises or falls have indeed happened around this time, so be particularly attentive;
6. There is a saying in the crypto circle about "Black Friday +." There have been instances of significant drops coinciding with Fridays, but there have also been cases of rises or sideways movements, which are not particularly reliable; just pay attention to the news;
7. If there is a certain trading volume guarantee and the price drops, there’s no need to worry. Holding patiently will definitely lead to a return; it may take 3 to 4 days for short-term, or a month for long-term. If you have extra USDT, you can add to your position in batches to lower the price, which will help you recover faster. If you’re out of funds, just wait; it won’t disappoint you, unless you really bought a worthless altcoin;
8. For spot trading, holding long-term with less frequent trading can yield greater returns than frequent trading, depending on your patience;
9. Factors affecting the volatility of the crypto circle:
1) The attitudes of various countries towards cryptocurrencies; if negative, there will likely be a wave of declines;
2) Financial policies in the U.S., such as the recent news about taxing the wealthy;
