Remember these 7 phrases repeatedly!

1. Focus on the sector leaders
Every sector has its leader. When the leader moves, immediately pay attention to the cryptocurrencies ranked second and below within the sector; opportunities often lie behind!
2. Trading volume is key.
Buy in steps when the trading volume is low, buy with full position when the trading volume expands at a low level; sell with full position when the trading volume expands at a high level.
3. Buy on callback with reduced volume, sell on increased volume.
When there's a pullback with decreased volume, it can be a good time to buy in; if the volume increases, then it's time to sell. An increase in pullback volume usually indicates that the main force is offloading.
4. RSI and KDJ indicators
When the RSI indicator hovers at a low level three times, it's time to buy; when it hovers at a high level three times, it's time to sell. Buy boldly when the RSI is below 10; sell quickly when it is above 85. If the coin price reaches a new high but the RSI does not reach a new high, you must sell. At the same time, the KDJ indicator can also be referenced. For short-term trading, the W%R indicator is crucial and must be studied carefully; for long-term trading, pay more attention to the TRIX indicator.
5. Don't get hung up on high-performing coins or low-performing coins.
Spot trading only involves strong coins and weak coins, only strong whales and weak whales. Don't be misled by "high performance" or "poor performance"; the key is to observe trends and capital flow.
6. Moving Average Crossover Trading Method
When the moving averages cross upwards, it's the right time to buy; when they cross downwards, hurry to sell. If both the 5-day and 10-day moving averages are rising, and the coin price is above these two moving averages, feel free to buy as long as the coin price does not fall below the 10-day moving average. If it is confirmed that it has fallen below the 10-day line, then wait to sell when the 5-day moving average turns downwards. The 10-day moving average is very important for those who manipulate the market, as it is roughly their cost price, so they generally will not let the coin price fall below this line.
7. The strong will remain strong, and the weak will remain weak.
Sometimes chasing the rise and killing the fall can be quite useful. In the crypto world, the strong always get stronger, while the weak always get weaker. When trading cryptocurrencies, timing is crucial, and don't be stubborn or compete against yourself.
Let me share some short-term trading tips for cryptocurrency:
1. Don't sell when the coin is not rising, don't buy when it's not dropping, and don't trade during sideways movement.
2. Buy when the candlestick is bearish and sell when the candlestick is bullish.
3. After consolidation, a change in trend is inevitable. Liquidate positions when the trend shifts downward from a high point, and accumulate positions when the trend shifts upward from a low point.