Having navigated the crypto market for many years, I want to share some interesting insights—market规律 that may seem counterintuitive at first glance but have been repeatedly validated.

To start, I’m a post-80s born in Fujian, now settled in Hangzhou. I’ve been in this circle for eight years. I still remember starting with only 50,000 yuan, and now I’ve come this far. Throughout this journey, I had no insider information, no shortcuts, and certainly no luck explosions. The only thing I did right was: using the simplest method—staying alive longer than others.

People often ask me: why can some people stay in this market for a long time, while others disappear after just one cycle? The answer is quite simple—they understand the rhythm of the main players and control their greed and fear. Over these 2000+ days and nights, I’ve repeatedly validated these observations, and I want to share the six most valuable insights. They’re not complicated, but they really work.

**1. Rapid rise followed by slow decline, most of the time it’s not the top**

The market suddenly surges for a while, then gradually grinds down. Many get scared and cut their positions. But this is usually just a shakeout, a process of clearing out weak hands. The main force is shaking out those without conviction, paving the way for the next rally. Recognizing this, your mindset will be completely different.

**2. Sharp drop followed by slow climb, beware of a trap to distribute**

Flash crashes are terrifying—prices plummet instantly. But if afterward you see the price slowly creeping up, as if giving you a "second chance" to buy in, don’t fall for it. This is often the final stage of distribution, making people think, “It’s already fallen so much, can it fall further?” Under this false hope, many get caught.

**3. High volume at high prices indicates opportunity; no volume is a warning**

When the price reaches a high level, if the trading volume still supports it, it means buyers and sellers are still actively battling, and there’s room for more movement. But what should you be cautious of? When the price stays high but suddenly becomes very “quiet,” with trading volume shrinking sharply. This strange silence often signals an impending sharp decline.

**4. A single large bearish candle doesn’t confirm a bottom**

Many see a huge volume spike on a bearish candle and think the bottom is in. Actually, that’s often just a smokescreen. The real bottom is “dug out” gradually. Look for several days or even weeks of steady volume, and only then can you see that funds are seriously building positions—then the bottom’s shape truly begins to form.

**5. Price is just the outcome; volume reveals the market’s psychology**

Many traders focus on candlestick charts, but they’re just surface phenomena. The real reflection of market essence is volume. Because volume indicates market consensus—it directly shows the changing strength of bulls and bears. Learning to read volume is much deeper than just reading price.

**6. Be willing to hold cash, that’s true strength**

Holding cash is often misunderstood as “cowardice,” but actually, it’s the opposite. Staying in cash is a choice—resisting the urge to chase highs is discipline, and not being overwhelmed by panic is confidence. When you can truly do “nothing” in front of the market—no obsession, no being led by the行情—trading begins to serve you, not the other way around.

These are my deepest insights over the years. No hype, no pie-in-the-sky promises, just real practical experience of surviving in this circle. I hope it can give you some inspiration.