Recently, this wave of Bitcoin market has really played a lot of people. A few days ago, some were confidently calling for 70,000, even 60,000, but in the end, they got liquidated or trapped. After taking a breather, these people started to come out and "review" and "analyze." If you look closely at their logic, you'll find an awkward fact—it's basically the same routine.
Compare this week with last week, yesterday with the day before. Break down each candlestick, analyze emotions step by step. It looks very professional, but in reality, it's just noise analysis. This is the huge misconception of daily chart trading.
What is the truth? Mid-term, cycles, and major trends are never built from a bunch of daily candles. Daily charts can only explain short-term fluctuations and cannot determine the direction at all. If you focus on these details with a magnifying glass, the more you look, the more likely you are to lose your way.
The true judgment of cycles emphasizes stability. It won't change its stance because of one or two daily candles, nor will it deny the overall trend because of yesterday's decline. This is the way professional traders operate.
There's an eternal phenomenon in the crypto world that you've definitely seen—those who study daily charts every day are most likely to make fatal mistakes at critical moments. People who are led by daily charts tend to either miss the initial trend by being too bearish or repeatedly sell during the main upward wave.
The core secret of mid-term trading boils down to four words: contrarian daily chart intuition. When daily charts scare you and create fear, the cycle is often brewing opportunities. Conversely, when daily charts give you false confidence, the cycle is actually already on the risk edge.
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LiquidityWitch
· 01-06 13:56
ngl the daily chart is just shadow theatre... real alpha brews in the cycles beneath, not in the noise above. those liquidation sacrifices tell the true story.
Reply0
FUD_Vaccinated
· 01-06 09:02
Honestly, those trivial daily chart issues can drive people crazy. Looking at those guys doing reviews, sticking to the same strategy to the end, they almost claim to be Buffett.
I truly believe in the intuition of the anti-daily line. How many times has it happened—after scaring everyone with the daily chart, the cycle starts to take off. Anyway, I no longer watch the charts, and I feel much more comfortable.
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SchrodingerPrivateKey
· 01-06 08:31
That's right, the daily chart noise is indeed too much; the key is still to look at the cycle.
Staring at the K-line every day is self-deception; those who truly make money are all sleeping.
The intuition of anti-daily line is brilliant; next time you want to short, just buy the dip.
It's the same set of theories again, but I still can't break the habit of watching the daily chart every day.
So now holding coins or reducing positions—how do you judge the cycle?
The daily line really scares people; only after being cut twice did I understand this truth.
Mid-term traders are all right, but execution is still influenced by emotions.
These review masters really should be muted; all just armchair quarterbacks.
The intuition of anti-daily line, I understood this wave; next time I will insist on not looking at the hourly chart.
The noise theory is explained thoroughly; the problem is I can't tell the difference between trend and noise at all.
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MemeKingNFT
· 01-05 17:49
Well... that's true, but the problem is that most people simply can't do it.
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GateUser-5854de8b
· 01-03 14:49
That's so right. People who watch the minute charts every day are just fooling themselves; as a result, they've all been chopped up and taken for a ride.
Actually, looking at the cycle is the real way; don't be fooled by the noise of the daily chart.
I need to remember this saying about anti-daily line intuition.
After reading so many review posts, none of them can clearly explain how they lost money.
The daily chart can scare you to death, but the cycle determines life and death.
That's why I only look at the weekly chart now; it's much clearer.
People who stare at the market every day deserve to be caught in a trap. I only looked at the K-line twice this week.
Anti-daily line intuition... interesting, I'll try it next time.
What about those who shouted for to reach 6万? They should be trembling in the corner now.
Feels a bit metaphysical, but the logic is indeed coherent, has that flavor.
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ser_ngmi
· 01-03 14:49
That's right, people who watch the market every day are indeed prone to daily chart tricks, and I've seen too many who repeatedly cut losses.
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WalletsWatcher
· 01-03 14:48
Exactly right. The daily chart is just a noise generator. What happened to those who constantly watch the K-line? They went bankrupt. The phrase "break the daily line" is so intuitive that I feel like getting it tattooed.
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0xInsomnia
· 01-03 14:42
That's so true. People who watch the market every day are just being played to death by the daily chart. I remember the saying about contrarian daily intuition.
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Review, review. Even after a margin call, everyone just wants to move on, it's hilarious.
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The daily chart is just noise. Unfortunately, most people are still counting K-lines one by one, unable to keep up mentally.
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Professional traders don't care how much it dropped in the past two days. Anyway, I’ve learned a set of stability strategies, which is better than reckless trading.
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Contrarian daily intuition means that when everyone is scared, actually the opportunity is there, right? I only realized this after experiencing some losses.
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Those who "analyze" every day are just making excuses for themselves. In the end, they can't escape the fate of being trapped.
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Missing the bearish signals, repeatedly selling during the main upward wave—that's me. Every time, I get scared out by the daily chart. So frustrating.
View OriginalReply0
BlockchainTherapist
· 01-03 14:42
That's right, those who watch daily K-lines are the ones getting scared out. The phrase "anti-Japanese line" is so intuitive that I need to get it tattooed.
Recently, this wave of Bitcoin market has really played a lot of people. A few days ago, some were confidently calling for 70,000, even 60,000, but in the end, they got liquidated or trapped. After taking a breather, these people started to come out and "review" and "analyze." If you look closely at their logic, you'll find an awkward fact—it's basically the same routine.
Compare this week with last week, yesterday with the day before. Break down each candlestick, analyze emotions step by step. It looks very professional, but in reality, it's just noise analysis. This is the huge misconception of daily chart trading.
What is the truth? Mid-term, cycles, and major trends are never built from a bunch of daily candles. Daily charts can only explain short-term fluctuations and cannot determine the direction at all. If you focus on these details with a magnifying glass, the more you look, the more likely you are to lose your way.
The true judgment of cycles emphasizes stability. It won't change its stance because of one or two daily candles, nor will it deny the overall trend because of yesterday's decline. This is the way professional traders operate.
There's an eternal phenomenon in the crypto world that you've definitely seen—those who study daily charts every day are most likely to make fatal mistakes at critical moments. People who are led by daily charts tend to either miss the initial trend by being too bearish or repeatedly sell during the main upward wave.
The core secret of mid-term trading boils down to four words: contrarian daily chart intuition. When daily charts scare you and create fear, the cycle is often brewing opportunities. Conversely, when daily charts give you false confidence, the cycle is actually already on the risk edge.