I have been doing encryption trading for nearly ten years, and I've seen too many people earn a fortune in one wave of the market, only to lose it all in the next wave. The numbers in my account repeatedly poke at my heart as they rise and fall, and by now I've long mastered the "calm amidst the storm"—or rather, my nerves have gone numb.

When I entered the market in 2016, the money I had in hand later multiplied over two hundred times. It sounds impressive, but the true story is: I experienced liquidation, sleepless nights, and also went through strange spikes in the middle of the night. Those "divine operations"? They were actually lessons learned from using real money, ultimately culminating in intuition.

Today, without further ado, let's talk about a few of the easiest pitfalls:

**Prices may lie, but the flow of money does not.** Many look at candlesticks, but few look at trading volume. This is the reason most people lose money. When the price rises and the volume is slowly shrinking, nine times out of ten it is laying the groundwork for a decline – the so-called "inviting the gentleman into the urn." Conversely, if a sudden large volume appears at the top, the reaper has started, and at this point, aside from finding an exit, everything else is a waste of time.

**A sharp fall is never a signal of a "bottom."** After a sharp decline, a slow rebound may seem like a reversal is coming, but often it's the main force withdrawing in batches. What you think is the bottom may actually just be a resting point halfway up the mountain. What does a real bottom look like? Decreasing volume, continuous decreasing volume, and then suddenly starting to accumulate volume—that's the footprint of large capital quietly entering the market.

**The silence at a high position is more terrifying than noise.** A surge in volume doesn't necessarily mean a peak, but when suddenly no one is trading at a high position and the volume shrinks to the level of a library, that's the real danger signal. The next second could be a chaotic battle between bulls and bears, chairs could be overturned.

Ultimately, candlesticks are just the result; trading volume is the beginning, development, and climax of the entire story. Learning to read trading volume is more useful than looking at technical patterns a hundred times.