#加密市场盘整 just had tea and chatted with a cryptocurrency big shot. He said he entered the crypto world with 400,000, suffered losses 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 takeaways, full of valuable insights, hoping to inspire friends who come across this!!!!

1. Don’t rush to cut losses during a sharp drop in the early market; it is usually an overreaction to negative news from the previous night. You can wait for market recovery and reversal. A sharp rise at the end of the trading day should not be blindly chased; some main forces like to test the market and induce buying, leading to a low opening and suppression for accumulation the next day.

2. Make good use of trading volume, a practical technical tool, as it indicates the future market direction. Continuous price rises with shrinking volume show strong control by the main forces, while declining volume indicates that panic selling has not occurred, and the ice point has not been reached, so it will continue to fall.

3. Learn to observe the top structure of sectors. Generally, sector trends are formed by five waves: the first wave attracts follow-up buying, the second wave is a washout and adjustment, the third wave is the main upward wave, the fourth wave shows complex divergence, and the fifth wave raises and releases stocks. In this process, the third wave has the largest increase, followed by the first wave, and the fifth wave has the lowest. However, market trends can change dramatically, and it is not uncommon to see fewer than five waves. One must not rigidly memorize this. If the leading sector shows stagnation after a rise, the subsequent rally is unlikely to continue with the previous strength, indicating a high probability of reaching a peak.

4. Each time there is an acceleration period at the top of Bitcoin, a certain sector will see a significant rise, triggering a reversal in Bitcoin's trend. Just check whether the major leaders have stopped falling and started to rise, and the index will follow suit. $BTC