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#巨鲸动向 Looking back at my eight years of Crypto Assets trading journey, starting from an initial 3000U and gradually accumulating to 900000U in assets. This was not reliant on insider information or by chance encountering a bull run, but rather through a method that seems "clumsy" yet extremely effective, persistently executed over a span of 2920 days.
I have always viewed trading as a game that requires patient upgrades, avoiding the temptation for quick success, and not being impulsive; instead, I focus on gradually improving my trading skills. Today, I would like to share six practical insights that I have summarized over the past eight years. Understanding and applying these principles may help you avoid unnecessary losses; if you can effectively implement three of them, you will already be more stable than most retail investors.
First, when the market experiences a rapid rise but a slow pullback, it usually indicates that funds are actively accumulating. In this case, do not be easily shaken out by the volatility. The true characteristic of a market top often occurs when there is a large volume of trading at high levels followed by a quick decline, enticing more people to buy at a high price.
Second, in the face of a market that slowly recovers after a sharp decline, do not rush to buy the dip, as this is likely to be a round of false bullish behavior. The thought of "it has already dropped so much, it won't drop further" is often the most dangerous.
Third, an increase in trading volume at high levels does not necessarily mean that the market has ended; rather, it is the continuous shrinkage of trading volume at high levels that serves as a real warning sign. As long as there are active trading participants, there is still upward potential in the market; however, when trading volume at high levels continues to decrease, it indicates a reduction in participation, which signals a possible crash.
Fourth, an increase in daily trading volume at the bottom is not sufficient as an entry signal. What really deserves attention is the appearance of a steady increase in trading volume over several consecutive days after a period of consolidation.
Fifth, the essence of cryptocurrency trading is to grasp human psychology, and trading volume is the best indicator of emotions. A decrease in trading volume represents a weakening of market interest; an increase in trading volume indicates that substantial funds are entering the market.
Sixth, the highest state is to achieve a state of "non-action"—not overly attached, not blindly persistent. Appropriate empty positions, decisive actions. This is not passive idleness, but the highest cultivation of mindset. The market is always full of opportunities, the key is to be able to control one's behavior and accurately interpret market trends.
In this field, the seemingly slow progress is just because you are still in the exploratory stage. I am willing to share the light of experience to help you take fewer detours and find the right rhythm faster.