Having navigated the crypto space for years, I’ve observed an interesting phenomenon: why do some traders survive in the market while others get wiped out in a single cycle?
The core difference is actually simple—either they can read the market makers’ rhythm or they are emotionally hijacked by market sentiment. I started with 50,000 yuan, never relied on insider information, never took shortcuts, just used the most straightforward methods to stay in this market long enough.
To summarize, there are six phenomena in the market worth repeatedly analyzing:
Phenomenon 1: Rapid rise followed by a slow correction. Many think this is the top, but in reality, it’s mostly the main players shaking out positions and changing hands. Rushing to cut losses will only get you caught.
Phenomenon 2: The opposite rhythm. The price suddenly drops, then slowly climbs again, seeming to give you a second chance to buy in. But beware—this is often the final stage of distribution, don’t be fooled by the idea that “it’s fallen so much, it must rebound.”
Phenomenon 3: High volume at high levels. You might think high volume at a top is dangerous. Not necessarily. High volume at a high level indicates there are still players fighting, and the market still has vitality. What’s truly alarming is shrinking volume at a high level—no activity at all—that’s the prelude to a crash.
Phenomenon 4: Volume at the bottom. The real bottom isn’t a illusion created by a single big bullish candle. It requires consistent, stable volume over time, proving that funds are seriously building positions. A single large bullish candle? That’s just a smokescreen.
Phenomenon 5: Price vs. volume. Too many focus on candlestick charts but ignore volume. In fact, volume is the thermometer of market consensus, truly reflecting how bullish or bearish forces are shifting.
Phenomenon 6: The most testing of all—learning to hold an empty position. Holding cash isn’t cowardice; it’s wisdom. Not chasing highs is restraint, and not panicking is discipline. When you can let go of attachments in the face of market fluctuations, trading truly becomes your tool, not something that controls you.
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LayerHopper
· 15h ago
Empty positions are absolutely right; so many people just die because they are unwilling to let go.
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fren_with_benefits
· 21h ago
Holding no position is actually the way to make money, I agree with that.
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ApyWhisperer
· 21h ago
Well said, the hardest part is the psychology. I've seen many people with technical analysis setups, but in the end, they are consumed by emotions.
Among these 6 phenomena, I agree most with the part about trading volume; too many people overlook it. Shrinking volume at high levels is indeed terrifying.
I have to admit about holding no position; I used to feel uncomfortable being idle, but now I understand gradually. Doing nothing is the strongest discipline.
Starting from 50,000 and still surviving until now truly shows patience. The common trait of new traders is that they trade too frequently.
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VitalikFanAccount
· 21h ago
Again with this set of theories... sounds good, but how many people can really manage to stay out of the market?
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I agree that shrinking volume at a high level is a sign of the night before, but the problem is most people simply can't see it.
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The analogy of the volume thermometer is pretty good, but retail investors can't compare reaction speed with institutions.
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Starting from 50,000 is indeed impressive, but have you considered survivor bias?
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Rapid rise followed by slow correction... I just want to ask, how do you tell if it's a shakeout or a true top?
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No matter how eloquently you explain, in front of the market, everyone is a leek, including us.
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I used to believe in the bottom-volume approach, but now I only trust my stop-loss line.
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Chasing highs is the hardest, especially when you see others making money.
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Staying out of the market is indeed restraint, but the longer you're out, the more you start to doubt yourself.
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It's true that trading volume is often ignored, but understanding it is much harder than reading candlestick charts.
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BlockchainTherapist
· 21h ago
Going completely out of the market really requires strong psychological resilience. It's normal to get itchy when you see others making money.
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Basically, greed is deadly. I've seen too many people get emotionally hijacked and end up with nothing.
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Trading volume has indeed been overlooked. Many people's technical analysis is just looking at the shape of the K-line.
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Starting from fifty thousand, how much can you withstand losses? I'm too timid.
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Distinguishing between shakeouts and sell-offs requires experience. I still get easily fooled.
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The shrinking volume at high levels is a real punch to the gut; it’s definitely a sign of a sharp decline. I’ve been burned a few times before I understood.
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Everyone's right, but only a few can truly do it. Most are still learning from market lessons.
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The analogy of the market consensus thermometer is brilliant. From now on, keep a close eye on trading volume.
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Chasing highs sounds simple, but you really need to control your greed.
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down_only_larry
· 21h ago
To be honest, starting at 50,000 is indeed impressive. But what I admire most is the last point—the part about being fully out of position. It really hits hard; so many people lose everything because they refuse to let go.
Having navigated the crypto space for years, I’ve observed an interesting phenomenon: why do some traders survive in the market while others get wiped out in a single cycle?
The core difference is actually simple—either they can read the market makers’ rhythm or they are emotionally hijacked by market sentiment. I started with 50,000 yuan, never relied on insider information, never took shortcuts, just used the most straightforward methods to stay in this market long enough.
To summarize, there are six phenomena in the market worth repeatedly analyzing:
Phenomenon 1: Rapid rise followed by a slow correction. Many think this is the top, but in reality, it’s mostly the main players shaking out positions and changing hands. Rushing to cut losses will only get you caught.
Phenomenon 2: The opposite rhythm. The price suddenly drops, then slowly climbs again, seeming to give you a second chance to buy in. But beware—this is often the final stage of distribution, don’t be fooled by the idea that “it’s fallen so much, it must rebound.”
Phenomenon 3: High volume at high levels. You might think high volume at a top is dangerous. Not necessarily. High volume at a high level indicates there are still players fighting, and the market still has vitality. What’s truly alarming is shrinking volume at a high level—no activity at all—that’s the prelude to a crash.
Phenomenon 4: Volume at the bottom. The real bottom isn’t a illusion created by a single big bullish candle. It requires consistent, stable volume over time, proving that funds are seriously building positions. A single large bullish candle? That’s just a smokescreen.
Phenomenon 5: Price vs. volume. Too many focus on candlestick charts but ignore volume. In fact, volume is the thermometer of market consensus, truly reflecting how bullish or bearish forces are shifting.
Phenomenon 6: The most testing of all—learning to hold an empty position. Holding cash isn’t cowardice; it’s wisdom. Not chasing highs is restraint, and not panicking is discipline. When you can let go of attachments in the face of market fluctuations, trading truly becomes your tool, not something that controls you.