#比特币波动性 encountered an interesting case last year.

After someone went abroad and entered the market with hundreds of thousands in funds, their assets have now risen to several tens of millions. At that time, I was enduring a period of significant drawdown in my account, and after listening to his trading logic, it felt like my cognitive system was forcibly rebooted.

During that chat, he just dropped a line: "The essence of this market is an emotional game; whoever can control their hands will win."

I later reviewed his operation records and distilled a few key judgment logics.

**The Truth About Emotions**
Speculating on cryptocurrencies is essentially speculating on consensus. Don't focus on those complex indicators; market psychology is the core variable. Trading volume is the thermometer of consensus strength.

**Bottom Trap**
Don't get too excited about a single instance of increased volume; it might be a false signal. You need to observe if there is increased volume over several consecutive days, which indicates that the shares are genuinely circulating. Only then will the probability of success when entering the market be higher.

**The Cryptocurrency of Sudden Rises and Falls**
Rising sharply and falling slowly? It’s highly likely that someone is collecting chips. On the contrary, if it falls hard but rebounds weakly, that means funds are retreating, so don’t foolishly take over.

**The Two Faces at the Top**
High volume at a high position may still have potential, indicating that funds are in a game of chance; however, if the trading volume at a high position shrinks, it means the momentum is weakening, and it’s time to run.

**"Empty" character mantra**
No greed, no attachment, no panic. Only those who can wait with an empty position are worthy of benefiting from major market movements.

**The toughest enemy**
Policy news and the movements of major players are just superficial. What truly causes you to lose money is the fluctuations within your own mind and the psychology of taking chances.

After all—

The volatility of the crypto market is indeed very high, with risks and opportunities coexisting. To survive here, one must first learn to control their emotional responses and replace the gambler's mindset with probabilistic thinking.

Those who can make stable profits rely not on the accuracy of predictions, but on execution discipline and risk control systems. The market will provide opportunities, but only for those who are prepared.