When looking at charts, whether it's a daily, weekly, 4-hour, or even minute timeframe—there always seems to be some "decent volatility." But there's an easily overlooked pattern: the larger the cycle, the lower the frequency of truly high-quality trends; conversely, on bigger timeframes, the structure of price movements becomes clearer, and noise is much less.

Why is this the case? The fundamental reason is quite straightforward—big trends are driven by large capital, and every step of big money is constrained by market fundamentals. They don't act out of thin air.

More precisely, it's the market expectations generated by fundamentals that come into play. Expectations are not formed overnight; they need time to accumulate, ferment, and diffuse before finally coalescing into a genuine trend. Therefore, every shift in direction on a large cycle is almost always a slow process—you rarely see sudden, explosive moves.

In this process, you need to follow the market sentiment reflected by technical analysis while waiting for fundamental expectations to gain consensus in the market. Only when both conditions are met will the trend have sustainability. If only one condition is fulfilled, it results in a brief pulse that quickly dissipates.

Understanding this, you can see why frequently chasing highs and lows on small cycles is so exhausting and always results in losses—you are essentially being used as a tool by the noise in the price. The real opportunities to make money are often hidden within longer-term structures. If you keep fighting alone and blindly chasing, the probability of encountering genuine opportunities is almost zero.