In the crypto world, many retail investors enjoy short-term trading. Here are a few tips to help you achieve twice the results with half the effort!

1️⃣ High-level consolidation, or it may give birth to a new high; low-level lingering, or it may indicate a new low. Observe calmly, wait for the direction to become clear, and then take action; this is a prudent strategy.

2️⃣ Stagnant and motionless, with a heart as calm as still water. Most people fail because they cannot endure loneliness; only by holding onto this tranquility can one achieve extraordinary things.

3️⃣ K-line bullish and bearish, a chance to buy and sell. A daily line closing bearish may be a good buying opportunity; a daily line closing bullish requires consideration of reducing holdings, as this is a method to align with market rhythm.

4️⃣ The decline is slow, and the rebound is likewise; a sharp drop may lead to a rebound. Market fluctuations have their own rules; by understanding this principle, one can seize the opportunity.

5️⃣ The pyramid-style building of positions is the essence of value investing. Gradually increasing positions, steadily adding to holdings, exchanging time for space, and patiently waiting for the moment of bloom.

6️⃣ After a rise and fall, there must be consolidation. At this time, there is no need to sell everything due to high prices, nor to heavily invest at low prices. Because after consolidation, a change in trend is imminent. If there is a decline from a high position, one should stop losses in a timely manner to preserve strength for future battles.

The road to trading is long and arduous. To achieve long-term stable profits, it is essential to focus on "stability," avoiding "impatience" and "greed," and accumulating day by day!

#BTC #BTC open interest hit a new high#