Recently, I’ve been studying an interesting phenomenon: 90% of people in the crypto space are actually trading blindly, with no idea what they’re doing. Instead of calling it trading, it’s more like gambling.

It took me years to realize one thing—traders who truly make money all have a complete plan. They don’t enter trades randomly, just like a sniper doesn’t shoot blindly. Before each move, they know their target, when to enter, and when to exit.

What’s the core of this plan? It’s finding the market’s truly important levels—I call them “key levels.” These aren’t just random prices where the market has paused; they are levels where the market has reacted multiple times, rejected multiple times, and hold real significance.

You might ask, aren’t support and resistance levels the same? Actually, there’s a big difference. Ordinary support and resistance might just be passing points; but true key levels act like a magnet, pulling the market back again and again.

I’ve seen too many people make mistakes. They see the price bounce off a certain level once and rush to enter. The result? They get trapped. Because they can’t tell what’s a truly meaningful support level and what’s just noise.

There are a few tips for identifying key levels. First, look at the contact frequency— the more times a level is touched, the better. Second, observe the market reaction—if a level has previously triggered a big move, it’s likely to react again when revisited. Also, look for levels that are easy to identify—clear and obvious levels tend to be more effective.

Most importantly, a key level should have been rejected multiple times. You’ll see long upper and lower wicks on candlesticks here, with the price repeatedly pushed back when trying to break through. This indicates strong forces defending that level.

Another critical feature—yesterday’s resistance level becomes today’s support, or vice versa. When you see this kind of switch, it shows that the level has real market significance.

In actual trading, avoid a few common traps. Don’t draw too many lines on your chart—that only confuses you. Also, don’t rush to enter as soon as the price hits a key level; wait for a clear signal—be it candlestick patterns, technical indicators, or other confirmations.

Key levels should be viewed as zones, not just lines. The market doesn’t repeat perfectly, so giving yourself some margin for error is important. But don’t make the zone too large, or you’ll hesitate too much.

Looking at higher timeframes is more reliable. My habit is to analyze from weekly charts down to daily, 4-hour, and 1-hour charts, layer by layer. This helps you stay aligned with the overall trend.

When the price reaches a key level, three scenarios usually occur. One is a trend reversal—you’ll see rejection patterns like shooting stars or hammer candles. When combined with RSI, signals become clearer.

Another is a breakout. But beware of false breakouts. Many see the price break through a key level and rush in, only for the next candle to reverse and trap them. The correct approach is to wait for a retest—confirm that yesterday’s resistance has truly become today’s support—before entering.

The third scenario is consolidation. Both buyers and sellers are battling near the key level, creating a temporary balance. Don’t rush to participate here; the profit potential is small, and the direction is unclear. It’s better to observe whether the price stays in the upper or lower half of the range, which can hint at who’s accumulating strength for a breakout.

Honestly, I once considered recommending specific entry points directly. But I gave up. First, because the crypto market changes too fast—my advice might be outdated before you even see it. Second, human nature is hard to change— even if I help you make 99 profitable trades, one loss can make you blame me.

Most importantly, point three— I don’t know you, and your money isn’t mine. Instead of letting others tell you how to trade, learn to read charts, analyze, and develop your own plan based on support and resistance levels. That’s the real path to financial freedom.

About 95% of so-called analysts out there are essentially just after your capital. They cleverly exploit your greed, leading you into their recommended exchanges and communities. If you believe they’re just doing it for commissions, you’re naive.

So I prefer to spend time teaching you skills and mindset, rather than just giving you signals. In two months, you can master the techniques, practice, backtest, and develop your own framework—then start making money.

Remember one principle: all trading signals should reach a consensus. Don’t rely on just one indicator or candlestick pattern; multiple signals should point in the same direction. That’s the dividing line between successful and unsuccessful traders.

Financial trading is fundamentally a probability game. Understanding this is key to surviving in the market. Trust yourself, observe carefully, practice backtesting, and you’ll find—there’s nothing you can’t learn.