Having spent eight years navigating the crypto market, starting with just a few tens of thousands of yuan, I have experienced countless trial and error and corrections. Now, I can finally sustain a stable livelihood through trading. Over the years, I have personally practiced and often rejected various trading ideas, technical indicators, and analysis models.
If you want to develop trading as a long-term side hustle, or even upgrade it to a second profession in the future, one thing is especially important—look more, listen more, verify more. Never rush to draw conclusions. Many so-called "detours" can actually be avoided in advance.
One of the most common questions new traders ask is: how to judge whether a certain coin is truly about to break out or just a false move? I usually analyze from four dimensions: volume, price, time, and position.
**Look at Volume** Before the market truly starts moving, it generally won't appear silently. The first wave of volume after a long consolidation is indeed worth paying attention to, but there's no need to rush in. Truly valuable opportunities are often hidden in the second surge of volume after a pullback and shakeout. Entering at this time greatly increases the success rate.
**Look at Price** Price fluctuations can be intense, but the closing price never lies. If the price can steadily stay above a key resistance level, it indicates that the funds behind it are purposeful and committed. The boundary between a real and false breakout usually reveals itself at this moment.
**Look at Time** A good breakout isn't rushed. It’s best to go through a sufficiently long period of consolidation with decreasing volume beforehand. The higher the concentration of chips, the stronger the continuation of the subsequent trend. If the time isn't enough, the rally after the breakout often won't go very far.
**Look at Position** First, clearly mark the key resistance levels. These could be previous highs, neckline of a chart pattern, or just an integer level. Once the position is confirmed, the target space after the breakout naturally becomes clear.
These four dimensions form the basic framework for my judgment of consolidation breakouts. It may seem simple, but in practice, it requires repeated validation. I will gradually share some of my trading notes accumulated over the years. These are not "secrets," but real experiences tested repeatedly in live trading. If they can help you avoid some unnecessary detours, then the time spent staying up late studying over the years will be worthwhile.
Market opportunities are always present, but the accumulation of trading knowledge must be built step by step. Review your trades often—it's the cheapest tuition.
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MEVHunter_9000
· 01-04 01:27
It's been eight years. The pace really needs to slow down. I'm also using the double-volume strategy, but it's easy to get washed out.
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GateUser-beba108d
· 01-03 15:41
I have definitely stepped on many pitfalls during the second wave of volume increase, but now I finally understand that you just need to be patient and wait.
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SatoshiLeftOnRead
· 01-03 09:54
This guy is right, the real opportunity comes with a second surge of volume. I’ve fallen into too many traps during the first wave.
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Blockchainiac
· 01-03 09:52
The second surge really is amazing; how many people got caught in the first wave...
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governance_lurker
· 01-03 09:36
I deeply understand the point about secondary volume increase; so many times I've fallen for the first wave... waiting for the shakeout is the real deal.
Having spent eight years navigating the crypto market, starting with just a few tens of thousands of yuan, I have experienced countless trial and error and corrections. Now, I can finally sustain a stable livelihood through trading. Over the years, I have personally practiced and often rejected various trading ideas, technical indicators, and analysis models.
If you want to develop trading as a long-term side hustle, or even upgrade it to a second profession in the future, one thing is especially important—look more, listen more, verify more. Never rush to draw conclusions. Many so-called "detours" can actually be avoided in advance.
One of the most common questions new traders ask is: how to judge whether a certain coin is truly about to break out or just a false move? I usually analyze from four dimensions: volume, price, time, and position.
**Look at Volume**
Before the market truly starts moving, it generally won't appear silently. The first wave of volume after a long consolidation is indeed worth paying attention to, but there's no need to rush in. Truly valuable opportunities are often hidden in the second surge of volume after a pullback and shakeout. Entering at this time greatly increases the success rate.
**Look at Price**
Price fluctuations can be intense, but the closing price never lies. If the price can steadily stay above a key resistance level, it indicates that the funds behind it are purposeful and committed. The boundary between a real and false breakout usually reveals itself at this moment.
**Look at Time**
A good breakout isn't rushed. It’s best to go through a sufficiently long period of consolidation with decreasing volume beforehand. The higher the concentration of chips, the stronger the continuation of the subsequent trend. If the time isn't enough, the rally after the breakout often won't go very far.
**Look at Position**
First, clearly mark the key resistance levels. These could be previous highs, neckline of a chart pattern, or just an integer level. Once the position is confirmed, the target space after the breakout naturally becomes clear.
These four dimensions form the basic framework for my judgment of consolidation breakouts. It may seem simple, but in practice, it requires repeated validation. I will gradually share some of my trading notes accumulated over the years. These are not "secrets," but real experiences tested repeatedly in live trading. If they can help you avoid some unnecessary detours, then the time spent staying up late studying over the years will be worthwhile.
Market opportunities are always present, but the accumulation of trading knowledge must be built step by step. Review your trades often—it's the cheapest tuition.