Gate Square “Creator Certification Incentive Program” — Recruiting Outstanding Creators!
Join now, share quality content, and compete for over $10,000 in monthly rewards.
How to Apply:
1️⃣ Open the App → Tap [Square] at the bottom → Click your [avatar] in the top right.
2️⃣ Tap [Get Certified], submit your application, and wait for approval.
Apply Now: https://www.gate.com/questionnaire/7159
Token rewards, exclusive Gate merch, and traffic exposure await you!
Details: https://www.gate.com/announcements/article/47889
To make money in the crypto market, you first need to learn how to read the charts. But reading the charts is not just about looking at K-lines; the key is understanding the underlying market logic.
When a strong coin pulls back from a high level, don’t rush to buy the dip. It needs time to digest the previous gains. If the correction cycle is too short, rushing in often results in repeated oscillations and turbulence. Patience is the most tested virtue at this point.
Any coin that experiences a short-term surge is fundamentally driven by emotion. Don’t get swept up in this wave of emotion; reduce your positions if necessary. After a significant rally in a single day, it’s common for the next day to see a momentum-driven spike, but whether it can continue depends on volume and trend alignment. So, don’t chase highs; wait for a pullback. This is the simplest wisdom.
For truly promising assets, it’s not about missing out on some gains; the biggest risk is buying during a correction. Waiting for the structure to stabilize before entering is more reliable than rushing. If the price consolidates sideways for several days without much change, it indicates waning attention. If no change occurs after a few days of observation, consider shifting to a different direction.
If your market judgment is wrong, correct it quickly. If the pullback from the previous day cannot be recovered in a short time, it’s time to adjust your thinking and exit promptly rather than passively holding. This is the most basic respect for risk.
The short-term market moves in cycles, with active coins often taking turns to rise. When gains become excessive, be alert to a pullback, especially near cyclical highs. The core remains the relationship between volume and price—breakouts on low volume at low levels are worth watching, while high-volume stagnation at high levels should prompt you to reduce risk exposure decisively.
Follow the trend; don’t oppose it. Focus on coins in an upward structure for research and trading, as this will significantly improve efficiency and win rate. In terms of cycle reference: short-term look at the 3-day moving average turning, medium-term at the 30-day strength, the main upward wave can refer to the 80-day line, and for long-term direction, use the 120-day line.
Capital size is not the key. What determines your results are methods, discipline, and patience. Opportunities are never lacking; they belong to those who are well-prepared. The market is never short of opportunities; what’s lacking is true understanding and rhythm mastery. Risk management always comes first, and the journey of learning never ends. When you can’t see the direction clearly, stopping to understand the market is much wiser than rushing into trades.