After eight years of trading cryptocurrencies, turning $10,000 into $670,000 without relying on insider information or riding the crazy bull market, all thanks to a simple method and sticking it out for 2920 days. $BTC

Trading is fundamentally about honing skills. Today, I'm sharing six key insights from my experience to help you avoid pitfalls. If you can understand and apply three of these, you'll outperform most retail investors. #币圈

1. Rapid increases followed by slow declines indicate that major players are accumulating. Recently, BTC has been fluctuating between the $87,000 and $90,000 range, with multiple sharp increases followed by slow declines. This is a typical washout; don’t panic and sell at a loss. True tops are characterized by a sharp increase in volume followed by a cliff-like drop, waiting for retail investors to take over.

2. Be wary of sudden drops followed by slow increases indicating distribution. After ETH crashed to $2,850 last week, it slowly rebounded. Do not try to catch the bottom, as it is highly likely that major players are luring in buyers. Remember, a downtrend does not indicate a bottom; obsession is the easiest way to incur losses.

3. A shrinking volume at the top is more dangerous than increasing volume. The current market cap is $2.99 trillion. If BTC surges to a high point and then experiences a sudden drop in volume, it should raise more alarms than increasing volume when it comes to a potential crash.

4. Continuous increasing volume at the bottom is an opportunity; a single spike in volume is often a trap. Wait for three consecutive days of increasing volume after fluctuations before entering a position.

5. Volume is the barometer of market sentiment; candlestick patterns are just results. Currently, ETH's 24H trading volume is $13.317 billion, and significant volume changes are a signal for funds entering the market.

6. Being in cash is a top-level skill. Resisting the FOMO (Fear of Missing Out) emotions and waiting patiently is the key to profitability.

Opportunities abound in the crypto space, but what’s lacking is clear-headed traders.

I, Ah Cat, have always engaged in real trading and do not deal in virtual promises. Currently, our team has open positions. If you're eager to grasp the logic of contract trading and break free from the curse of losses, let's band together for practical operations to earn guaranteed profits @比特阿猫