#以太坊大户持仓变化 A reminder popped up on the account, 340,000 arrived. I stared at the screen in a daze for a moment, feeling like something had been taken away. Having been in the crypto circle whirlpool in Shenzhen for eight years, my hair has thinned to the scalp, my eye bags are heavy enough to hold things, my wallet is fat, but my heart feels empty.

The wave of 340,000 pulled my thoughts back to the year 2017. An initial capital of 5,000 USD grew to 1.6 million USD over four years. I didn’t rely on insider information or luck, just the simplest method—treat trading like leveling up in a game, using liquidations as resurrection coins, repeating the same thing over 1460 days: writing records, doing reviews, controlling my hands.

These six insights, gained through blood and tears, understanding one can reduce losses by about ten thousand, and those who truly master three or more can beat nine out of ten retail investors.

First, trading volume is the heartbeat of the market. When prices rise, they climb slowly like a staircase; when they fall, they rush down like a slide. Don’t rush to run; that’s the market manipulators secretly accumulating. If you see a rapid rise followed by a slow decline, don’t get excited. True tops are often accompanied by a volume waterfall—that’s when the sickle truly falls. Take ETH as an example; I’ve repeatedly verified this pattern.

Second, a quick flash crash is not a red envelope rain. A sharp drop followed by a slow rebound is a tactic where manipulators smash and then withdraw. Don’t deceive yourself into thinking “this time it’s really bottomed out,” they can still smash down eighteen more layers.

Third, the most frightening thing at a high level is silence. High volume doesn’t necessarily mean a top, but low volume at a high level is truly scary—like a karaoke bar in the middle of the night suddenly stopping music, the next second, a dump is coming.

Fourth, the truth at the bottom is in continuous rise. A single large volume spike might just be a trap to lure more buyers; wait until the volume shrinks and stabilizes before a second large move—this is when manipulators are truly building positions. Whether to follow or not depends on your courage.

Fifth, candlesticks are corpses; volume is body temperature. Candlesticks only tell you the result; volume is the thermometer. When volume shrinks to suffocating levels, it’s all retail chips left; when volume suddenly explodes, funds start hunting like a shark swarm.

Sixth, and the last: no obsession, no greed, no fear. Let go of obsession, and when it’s time to close the screen decisively, do so; control greed—put your hands in your pockets when chasing highs; overcome fear—dare to buy low during a sharp decline. This is not some Buddhist cultivation; it’s instinct after living this long.

Opportunities in the crypto world are as numerous as grains of sand; what’s truly lacking are those willing to wait for the right moment. The lights I leave for you; whether to get on the boat or not is up to you.