#加密市场盘整 just had tea and chatted with a cryptocurrency expert. He said he entered the crypto world with 400,000, faced losses that brought it down to 80,000, and now his assets are worth tens of millions. / What changed his fate was persistence in learning and improving his understanding. He summarized five key insights, which are highly valuable, and I hope friends who see this will find inspiration!!!!

1. During a sharp decline in the morning session, don’t rush to stop losses; it is usually an overreaction to negative news from the previous night. You can wait for market recovery and reversal. A significant rise at the end of the session should not be blindly chased, as some major players like to test the market and induce buying, often leading to a lower opening the next day to accumulate shares.

2. Make good use of trading volume as a practical technique; volume can indicate future market direction. A sustained rise on decreasing volume indicates strong control by major players, while a decline on decreasing volume suggests that panic selling has not yet occurred, and the bottom has not been reached, hence it will continue to fall.

3. Learn to observe the structural peaks of sectors; typically, sector trends are formed by five waves: the first wave attracts follow-up buying, the second wave is for washing and adjustment, the third wave is the main upward wave, the fourth wave involves complex divergences, and the fifth wave is for pulling up and unloading. In this process, the third wave has the largest increase, followed by the first wave, while the fifth wave has the lowest. However, market conditions can vary greatly, and it is not uncommon for the five waves to not materialize, so don't memorize it rigidly. Once you find that the leading sector is lagging in growth, the subsequent recovery will likely not continue with the same intensity, indicating a high probability of reaching a peak.

4. During each acceleration period at the top of Bitcoin, you will see certain sectors' altcoins rising sharply, which can trigger a reversal in Bitcoin's trend. Just check if major leaders have stopped falling and started to rise; then the index will likely follow suit.