#比特币对比代币化黄金 Speaking of which, there's a classic story about a buddy of mine.

Five years ago, he entered the market with $20,000, full of confidence—he thought anything less than a 10x gain didn't count as a win. But after misjudging the market direction twice in a row, his account went straight to zero. He was completely numb for a while, and only later did he start honestly reviewing and analyzing his trades.

Three years later, when I saw him again, his assets had stabilized in the seven-figure range. His whole demeanor was different too—not nervously glued to the screen anymore, but with an indescribable sense of calm.

I've actually taken my own detours as well. In those early years, I hit every possible pitfall—liquidations, getting dumped on, chasing pumps and getting stuck at the top... At my lowest, my account was down to just four figures. If I hadn't gritted my teeth and kept reviewing and learning, I probably would've been out of the game long ago.

Later on, I gradually figured out a few rules, all learned at the cost of real money:

First, when you see a strong surge followed by grinding pullbacks, it's often the big players accumulating. When the real top comes, it's usually a high-volume, long red candle that crashes down—quick and decisive.

Second, don't rush to bottom fish after a sharp drop. The big players love this trick—crash the price to create panic, then stage a small rebound to give you hope. If you buy in at that point, you're just taking the bag off their hands.

Third, high volume at the top isn’t scary; what's scary is no volume. If there's still volume, it means the money hasn't fully exited. The real danger is when the price stalls at the top and volume dries up—that's the sign a collapse could happen at any moment.

Fourth, significant volume at the bottom only counts if it's sustained. One or two days of high volume might just be a bull trap; several consecutive days of strong volume means real money is moving in.

The market patterns have actually never changed—what changes is the mentality of the participants. Some people rush in on impulse, others try to catch the bottom and end up buying halfway down. It's not that people aren't working hard enough, it's that their methods are wrong and their timing is off. $BTC $ETH