Cryptocurrency Bottom-Fishing Pitfall Guide:

Don't be foolish and buy in halfway up the mountain! Is buying at the halfway point? A must-read for beginners and retail investors! Buying at the bottom sounds enticing, but in practice, it leads many to get stuck even deeper.

Today, let's talk about why this is the case and how to avoid pitfalls. When you see a coin that has been falling for several months suddenly show a big bullish candle, many believe it is a bottom-buying opportunity, only to find that as soon as they enter, the price drops back down.

This big bullish candle is often a trap set by market makers, either because the price has reached their cost level, or they want to acquire more low-priced chips to attract those who are stuck to sell and break free, after which the price often retraces or even falls more severely, making it easy to get trapped if you chase the rise. Additionally, market makers may deliberately pump the price to lure in those chasing the rise to take over.

So when is the real bottom-buying opportunity? When the price drops sharply, a large trading volume appears at the bottom, and within 15 - 30 minutes, the price quickly rebounds, forming a “spike” line, which usually indicates that market makers are buying at the bottom, as retail investors are too scared to buy during the sharp decline; only market makers will buy in large quantities.

Buying at the bottom isn't just about jumping in at low prices; you need to see the market clearly. A big bullish candle may be a trap, while a surge in volume after a sharp decline is the real opportunity. The cryptocurrency market carries both risks and opportunities; it is essential to remain calm and rational, using a steady strategy to respond to market changes.