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Don't remind me again today

In the quiet early hours of a liquidation day, I stared at the distorted candlestick chart on my phone screen and couldn't help but let out a bitter smile. Tears silently slid down, dripping onto the charging cable. I finally realized that the market has long hidden the survival code within various indicators, yet it took me years to truly see through all of this.



Looking back to early autumn 2021, when Bitcoin's price soared to a peak of $67,800, my account unrealized gains exceeded 3.7 million. However, amidst the crowd shouting "Exit at 100K," I was drawn to the RSI indicator, and my whole body involuntarily shivered: although the price hit a new high, the indicator had fallen 28% below the previous high.

The term "top divergence" was like a sword piercing through my defenses instantly. When I finally decided to close my position, my fingers trembled uncontrollably, pressing the confirm button incorrectly three times in a row. The next day, the market plummeted by 53% as predicted.

Continuous liquidation notices from the exchange flooded my phone, and I sank into my chair, soaked in cold sweat. After seven years of ups and downs, I finally understood and adhered to two iron rules:

First, top divergence must retreat. In 2023, when Dogecoin surged to $0.33, the RSI was only 23% of the previous high. In 2024, after PEPE's first golden cross, an indicator gap appeared immediately. Whenever the price was high and the indicator contracted, I would unhesitatingly cut my losses and exit.

Second, bottom divergence must enter. Last year, when Ether fell to $1,520, although the weekly chart hit a new low, the RSI rebounded 38%. Coupled with signs of whales continuously adding positions for 16 days, I chose to enter in stages. Two months later, the Layer 2 ecosystem exploded, allowing me to profit precisely.

However, true trading wisdom goes far beyond this. My practical experience tells me: use 15-minute candlesticks to determine short-term direction, analyze strength and weakness with the 2-hour cycle, and rely on the daily chart to lock in the overall trend. Additionally, when facing a golden cross, I always patiently wait for the second confirmation and combine exchange heat data to make the final decision.

In this rapidly changing cryptocurrency market, only through continuous learning, observation, and adaptation can one find a foothold amid turbulent tides. Every gain and loss is an important step toward understanding the true essence of the market.
BTC-2.26%
DOGE-3.77%
PEPE-4.22%
ETH-3.3%
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FOMOrektGuyvip
· 10-30 12:07
I'm really losing money!
View OriginalReply0
BloodInStreetsvip
· 10-27 12:52
Suckers will always only understand to buy at the top and sell at the bottom.
View OriginalReply0
ImpermanentLossEnjoyervip
· 10-27 12:32
370W? Take a risk, turn the OCN into a motorcycle.
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GateUser-c802f0e8vip
· 10-27 12:29
Again trapped, right?
View OriginalReply0
YieldFarmRefugeevip
· 10-27 12:25
It's just a loss of a few tens of thousands.
View OriginalReply0
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