The crypto circle is like a mirror, reflecting the deep-seated greed and fear of traders.

This round of market movement is indeed crazy enough to make people lose sleep. Seeing profit screenshots all over social media, the surge of small-cap coins is astonishing, with daily increases of 50% becoming commonplace. COAI has skyrocketed all the way, and coins like MYX and MMT have performed overnight doubles.

Many people can't resist the impulse, thinking "buy high and short back quickly to make a quick profit," but without exception, they are wiped out by the market. My situation is different — in this round of market, I netted $500,000 from a single trade on COAI, and with MYX and MMT, I was able to profit from both long and short positions.

Today, I want to share my practical trading approach. It's not some secret formula, just three real and straightforward trading insights.

**Tip 1: Catch the signals of momentum exhaustion**

I remember very clearly the recent surge of MYX. It kept rising for several days, and the market was crazy. But I noticed a few turning points. During the first wave of rally, the volume was sufficient, which indicated the main players were positioning; during the second correction and rebound, although the gains slowed, the rhythm remained healthy; then came the third wave — the turning point.

The price hit a new high, but the trading volume couldn't keep up, and long upper shadows appeared frequently on the candlesticks. This is like running a long race where the steps become heavier and heavier towards the end. I judged this as a clear sign of momentum exhaustion, with the top close at hand. I didn't get caught up in FOMO but decisively took a short position at a critical point.