Gate App Options Now Live! Test and Win Big
📅 Event Period: September 30, 2025 – October 17, 2025
- Submit valid feedback to receive 10–100 USDT.
- Complete at least 10,000 USDT in cumulative options trading volume to participate.
👉 Register now :https://www.gate.com/campaigns/2063
Details: https://www.gate.com/zh-tw/announcements/article/47455
The career of cryptocurrency trading is often full of ups and downs. I once experienced a painful low: within just three days, I got liquidated in futures trading and lost 1 million, leaving me heavily in debt and almost at my wits' end. However, the turning point of fate is often unexpected. By chance, I received some advice, and on that stormy night, I reassessed my trading journey.
Since then, I have been determined to dedicate myself wholeheartedly to the trading business and become a professional cryptocurrency trader. Countless days and nights, I have painstakingly studied technical analysis, continuously learning and practicing. After hard work, my profits have now reached several thousand times. Although there is still a gap compared to those legendary stories, I am already very satisfied, and I feel more stable and at ease. I am full of expectations for the future and hope to break the 100 million mark in my account by the end of the year, laying the foundation for even greater success next year.
During this process, I have summarized some personal trading insights:
First, it is crucial to deeply understand market sentiment. Trading volume is an important indicator for observing the market. When you see a significant increase in trading volume without a price drop, it usually indicates that the market may be about to stop declining and start rising. Conversely, if the trading volume increases but the price struggles to continue rising, it may mean that the short-term uptrend is about to end.
It is worth noting that during the process of rising and falling, trading volume exhibits different patterns. In the rising phase, a healthy trend should be accompanied by a steady increase in trading volume. If there is a sudden decrease in trading volume or an abnormal surge, it may indicate that the upward trend is about to end. In the downward process, as long as there is an increase in volume when key support levels are broken, the downward trend is likely to continue.
Secondly, it is very important to closely monitor key price levels. Technical indicators such as resistance levels, support levels, and trend lines play a crucial role in assessing market movements. Whenever the price approaches these key positions, special attention should be paid to the market response, as this is often a critical moment when trends may change.
The cryptocurrency market is ever-changing, with opportunities and risks coexisting. Only by constantly learning, staying cautious, and strictly adhering to trading discipline can one find a foothold in this challenging market. Remember, successful trading requires not only skill but also perseverance and patience.