I've been involved in cryptocurrency speculation for more than 10 years, and now I support my family through it. Before this, I specifically apprenticed with a master of hedge funds to learn. He taught me the chart at the end of the article, saying that it is worth a thousand words. If you understand it, you will understand the market's operating mode, and the intentions of the market makers will no longer escape your scrutiny.

Once you get into cryptocurrency speculation, life feels like cheating! The price of cryptocurrencies may fluctuate, but the basic operational structure remains the same. Once you understand it, profits will come naturally.

The market is nothing more than a rise and a fall. Some people may say, isn't there sideways? No matter how long the sideways trend lasts, it will eventually achieve the purpose of wealth redistribution through pumping and dumping. So, as long as we remember the following key points:

1. Bottom formation usually takes the form of two to three bottoms, as losses are generally reluctant to be stopped. Only through large-scale oscillation in the bottom area and further probing can trapped investors replenish their positions and short-term traders feel fear of buying, making it easier to sell chips.

2. Relay mode, this is the most confusing part during the rise or fall process, the trend is consolidated through wedge, triangle or rectangle, opposite to the current main trend direction, generally adjusting to the 30%-50% position of the previous trend.

3. Top form, top at the weekly level, generally forms a double top or head and shoulders top, while the top at the daily level is likely to form a single top. The weekly line is a battle of big funds, and the retreat will not be completed all at once. It needs to be repeated many times, while the daily line belongs to the small speculative capital play, emphasizing speed, ruthlessness, and accuracy.

The third point is also a difficult point that troubles many friends. It's okay to enter the market slower than others, but it's greedy to expect more when it's time to take profit. Market makers seize the psychological expectation of a rebound, but then it reverses and goes straight down, never to return.

​Lao Jiu's sharing today is a case of throwing out a brick to attract jade. The essence inside is worth the deep research of all friends, hoping to inspire everyone!#BTC #ETH