Seven Years of Market Insights: BTC and ETH, the Detours I Took and Stable Strategies

When I first entered the market, I was always swept up by the online narratives of 100x gains, chasing popular altcoins and ignoring that BTC and ETH are the true foundation of the market. At that time, I always hoped for one-sided big rises or falls; whenever the price surged, I would go all in, and whenever it dropped, I would panic and cut losses, repeatedly eroding my capital. Even if I briefly profited, I soon gave it all back.

Later, calming down and watching the charts allowed me to see the pattern: in the same market cycles, BTC absorbs funds more steadily, with bottom capital supporting it during big drops; ETH's movement always follows BTC's correlation, with weaker bounce momentum and difficulty forming an independent trend. The market is full of polarized voices – some blindly call for new lows, others shout for reversals, most of which are disconnected from the real capital flows on the order book.

The consolidation phase truly tests one's mentality. In the past, I always used a trend-following approach to hold positions long-term, but the price would spike back and forth, and my stop-losses were frequently hit. After years of trial and error, I finally summed up a rhythm that fits the current market: in a range-bound market, trade fast in and out, build positions in batches based on support and resistance, avoid heavy positions and don't hold onto losing trades; only when there's a breakout with volume at key levels should you then follow the trend and swing trade.
Over the years, I've gradually realized that there is never a shortcut to turning things around overnight in the market. BTC and ETH have solid consensus and ample liquidity, with risks far lower than those of scattered small altcoins. As long as you keep a calm mindset, manage your position size, and steadily accumulate following the market rhythm, you'll go much further than chasing illusory get-rich-quick myths.

Many friends I discuss with, who used to suffer frequent losses, are now steadily reaping gains by following the range-bound approach. Rather than being emotionally swayed by news, it's better to calm down and understand capital flows and price levels. Only by being steady and methodical can you stay in the market for the long haul.