Tips and patterns for newcomers and veterans in the cryptocurrency space:

1. In most cases, Bitcoin is the leader of price fluctuations in the crypto market. Occasionally, strong Ethereum-based coins may diverge from Bitcoin's influence and exhibit a one-sided trend, but altcoins generally cannot escape its impact;

2. Bitcoin and USDT move inversely. If you notice USDT rising, be cautious as Bitcoin may drop; when Bitcoin is rising, it is a good time to buy USDT;

3. The pinning phenomenon often occurs between 0:00 and 1:00 AM every day. Therefore, domestic crypto enthusiasts can place buy orders for their desired coins at a low price before going to bed, and set a selling price as high as possible, as they may be executed while they sleep;

4. The time between 6:00 and 8:00 AM is a key moment for determining whether to buy or sell, and it is also a critical point for assessing the day's price movements. If there has been a continuous drop from 0:00 to 6:00 AM and the decline continues, it is a good time to buy or average down, as the price is likely to rise that day. Conversely, if there has been a continuous rise from 0:00 to 6:00 AM and the increase continues, it is a selling opportunity, as a drop is likely that day;

5. 5:00 PM is an important moment to pay attention to, as rumors circulate in the community. With the time difference, American friends will be waking up and starting their day, which may cause price fluctuations. Significant rises or drops have indeed occurred at this time, so be particularly cautious;

6. There is a saying in the crypto world about "Black Friday+." There have been several instances of large drops happening on Fridays, but there have also been cases of significant rises or sideways movements. It is not particularly reliable, so just keep an eye on the news;

7. If there is a certain guaranteed trading volume and the price drops, there is no need to worry. Patiently holding will eventually bring you back to break-even, whether it takes 3-4 days or a month. If you have spare USDT, averaging down can help lower the price and recoup losses faster. If you have no extra funds, just wait. You won't be disappointed, unless you bought a worthless coin;

8. Engaging in spot trading and holding long-term generally yields higher returns than frequent trading, depending on your patience. I bought Dogecoin at 0.029 and have held it until now, seeing more than a 20-fold increase, the highest among all coins.

9. Factors affecting volatility in the crypto market:

1) The stance of different countries towards cryptocurrencies; if negative, a wave of drops is likely;

2) U.S. financial policies, such as the recent news about imposing capital gains tax on the wealthy;$BTC #比特币盘整分析