In the field of Crypto Assets, I have found that the key to success lies more in maintaining a good mindset rather than solely relying on Technical Analysis. This viewpoint stems from my relatively stable trading experience over the years.



Here are some of my observations and suggestions regarding the crypto assets market:

First of all, Bitcoin usually leads the direction of the entire Crypto Assets market. However, some high-quality tokens, such as Ethereum, can sometimes move independently of Bitcoin. Most small Crypto Assets find it difficult to escape the influence of Bitcoin.

Secondly, Bitcoin and USDT (Tether) often show inverse trends. When the price of USDT rises, investors should be cautious of a potential drop in Bitcoin. Conversely, when Bitcoin rises, it might be a good time to buy USDT.

In terms of trading hours, I have noticed that there are often significant price fluctuations between 0:00 and 1:00 every day. Therefore, setting some reasonable buy or sell orders before going to sleep may yield unexpected gains.

The period from 6 AM to 8 AM is a key time for determining the market trend of the day. If there has been a continuous decline from midnight to 6 AM, and the decline is still ongoing, it could be a good opportunity to buy or increase holdings. Conversely, if there has been a continuous rise and it is still rising, it may indicate that a decline could occur later in the day, in which case selling could be considered.

Around 5 PM is also a time worth paying attention to. Due to the time difference, American traders start to become active, which may trigger market fluctuations.

Although there is the notion of "Black Friday", the market performance on Fridays is not always negative. Investors should pay more attention to actual market dynamics and news.

Finally, for crypto assets with high trading volumes, there is no need to worry excessively even if there is a drop in the short term. Maintaining patience and a long-term perspective is usually a wise choice.

Remember, in the Crypto Assets market, balancing mindset and Technical Analysis, while maintaining sensitivity to market dynamics, is the key to success.
BTC-0.65%
ETH-2.47%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 7
  • Repost
  • Share
Comment
0/400
TokenSherpavip
· 10h ago
actually ur analysis lacks empirical evidence... lemme tell u what the governance data *really* shows
Reply0
GasFeeNightmarevip
· 08-26 13:20
gas has risen again, might as well lie flat and wait until evening
View OriginalReply0
BanklessAtHeartvip
· 08-26 00:43
The hint is good, I've already started shorting, waiting for the dumb buyer.
View OriginalReply0
ForkItAllDayvip
· 08-26 00:40
Even if I lose big, I still want to charge! Full Position All in!
View OriginalReply0
degenwhisperervip
· 08-26 00:34
Technical Analysis is not as good as copying the pro's trades.
View OriginalReply0
RektCoastervip
· 08-26 00:32
A bit clever, ran away after copying.
View OriginalReply0
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)