$PIPPIN Today, let's talk about point trading on Binance. So-called point trading refers to a type of order that is executed during a specific time period.

The Binance platform collects daily candles at 8 AM and 12-hour candles at 8 PM. Normally, after 8 PM, when the 12-hour candle closes, it tends to retrace. The retracement period is generally around 30 minutes. Therefore, if you are optimistic about a particular cryptocurrency, and it happens to close a large bullish candle at 8 PM, it usually starts to retrace after that. If it retraces with two 15-minute bearish candles, we can participate in a long position. Our typical holding time usually does not exceed one hour, and if everything goes smoothly, we can earn about 10 points. For example, at 8 PM today, the 4-hour candle closed as a bullish candle, but after 8 PM, it began to retrace. When it retraced, we entered a long position, and by around 9:30, it had already risen more than 10 points, at which point we could exit.