#数字资产动态追踪 How should a beginner interpret the market when trading cryptocurrencies? These ten principles might help clarify your thinking.

**1. Strong coins retrace, timing is key**
A coin that surges strongly from a low point and then pulls back from a high is normal. But the question is: how long does a correction need to be considered sufficient? If the time is not enough, rushing into the market can lead to repeated shakeouts, ultimately draining your patience and capital.

**2. Don't hold on tightly during continuous rises**
Coins that rise consecutively in the short term are often driven by emotion rather than fundamentals. In this situation, reducing your position appropriately is not逃跑 but a basic respect for risk. The cost of greed can be very high.

**3. Inertia after a rally often leads to further highs**
A big surge today may be followed by continued emotional momentum tomorrow. But whether this continuation truly forms a trend depends on subsequent volume and overall direction—don't just look at the surface.

**4. Instead of chasing highs, wait for a pullback**
Coins with real potential won't die if you miss a wave of market movement. The worst is buying during a pullback and comforting yourself with "this is the final shakeout." Waiting until the structure stabilizes is more reliable than blindly chasing speed.

**5. Sideways movement is just consuming time**
If a coin's price hasn't moved much for several days, the most direct signal is—attention is waning. If it remains like this after some time, consider changing targets. Time costs are high; there's no need to bore yourself with a coin that just oscillates aimlessly.

**6. If your judgment is wrong, cut losses quickly**
If you misread the direction yesterday and today's market hasn't corrected that mistake in a short time, your thinking really needs adjustment. Instead of stubbornly waiting for a reversal, admit your mistake promptly to preserve your capital for a comeback.

**7. Short-term emotions follow a rhythm**
Active coins often show rotation effects—after rising for a period, they tend to pull back. Near local highs, you need to be especially alert, as risks are often hidden deep at these points.

**8. Volume is the most honest language**
The true intent of funds is reflected in candlesticks and volume:
• Breakouts with increased volume at lows? Worth studying and following closely.
• High volume at highs but prices can't go up? Reduce risk exposure.

**9. Going with the trend is never wrong**
Focus only on coins in an upward structure; success rate and efficiency will be much higher. How to judge? Short-term, watch for the 3-day moving average turning; mid-term, look for the 30-day moving average strengthening; during the main upward wave, refer to the 80-day moving average; for long-term trends, use the 120-day moving average as a baseline.

**10. The size of funds doesn't determine win or lose**
What truly decides success or failure are methods, discipline, and patience. Opportunities are everywhere, but they only fall into the hands of those who are truly prepared.

The market never lacks opportunities; what’s missing is understanding of the行情 and grasp of the rhythm. Risk always comes first, and learning has no end. When you can't see the direction clearly, stopping to understand the行情 is a thousand times more important than rushing to place an order.