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Newcomers to the crypto world must read this. Master the timing, and even beginners can profit!
I've summarized the time difference规律 in the crypto market over ten years, making trading smoother. Newbies and beginners should take this warning seriously (. Please like and save this ) so you won't lose it later.
1. In most cases, BTC is the leader of market fluctuations. Sometimes, ETH, with strong quality, can break away from Bitcoin's influence and move in a single trend. Altcoins are basically affected by it;
2. Bitcoin and USDT move inversely. If you see USDT rising, be alert that Bitcoin is falling. When Bitcoin is rising, it's a good time to buy USDT;
3. Between 0:00 and 1:00 AM, there is often a spike phenomenon. Domestic crypto enthusiasts can set a buy order at a desired low price before sleep and a sell order at a high price, increasing the chance of a successful trade and earning while lying down;
4. The hours from 6 to 8 AM are key for judging whether to buy or sell, and also for assessing the day's rise or fall. If from 0:00 to 6:00, the market has been falling, and it continues to fall during this period, it's a good time to buy or add to positions. The market is likely to rise that day. If from 0:00 to 6:00, it has been rising, and it continues to rise, it's a good time to sell. The market will probably fall that day;
5. 5:00 PM is an important time point often mentioned in the community. Due to time zone differences, US traders wake up and start working, which can cause fluctuations in prices. Some big rises or drops have indeed occurred at this time, so be especially cautious;
6. There is a saying in the crypto community about "Black Friday." There have been several cases of big drops on Fridays, but also big rises or sideways movements. It's not very accurate.
To summarize for both new and experienced traders: no matter what, trading contracts should never involve gambling. Be steady, precise, and ruthless at critical moments. Don't envy those making millions; securing steady profits for yourself is the real goal. So, stay calm and steady. If you're still confused or can't find a way out in the crypto world, learn more from my articles and build a solid foundation! $BTC $ETH