The market has no temper, only rules. Those who survive are often not the smartest, but the most disciplined.

I still remember 2017, when I jumped into the crypto world with only 20,000 yuan. Honestly, at that time, I couldn't even tell the difference between Bitcoin and Litecoin; I purely saw this market as the last lifeline to turn things around.

In eight years, I’ve blown accounts, stepped into countless zeroing coins pits, and been cut off in the middle of the night, with my phone smashing onto the bed. Through all the bumps and bruises, I gradually figured out some stable trading strategies from chasing after rising markets and fleeing during declines. Today, I want to share a few trading rules I've accumulated over the years, hoping to help those still struggling in the market.

**Rule 1: Rapid Rise and Slow Fall = Main Player Absorbing Orders**

The most common death trap for beginners is this—seeing a sharp increase and rushing in, then panicking and cutting losses during a pullback. But in reality, that rapid surge followed by a slow decline often signals that the big players are quietly accumulating at the lows.

In 2019, I kept an eye on Bitcoin’s trend. After crashing to around $4,000, it suddenly experienced a rapid rise followed by a slow decline. At that time, the market was panicking, everyone was saying it would keep falling. But I noticed a detail—each time the price surged quickly, the trading volume jumped, and during the pullback, the volume shrank. This was a clear signal: someone was accumulating at the bottom. I didn’t hesitate and started building a position, and later the market turned around and doubled.

So, the real buying point isn’t just how the price moves, but how volume and price work together. If the price rises but volume doesn’t keep up, it’s probably a trap to lure more buyers—stay away.

**Rule 2: Don’t Catch the Falling Knife During a Flash Crash; Wait for a Double Bottom**

Crypto markets can sometimes suddenly plunge. Most people see a sharp drop and think it’s a bargain, but often they get crushed halfway through.

My rule is simple: during a flash crash, never catch the knife. Wait until it hits the bottom twice and confirms support before considering entering.

In 2018, when Bitcoin fell from nearly $20,000, many thought the opportunity had arrived during the correction, but a few days later, it hit new lows. Those who thought they caught the bottom ended up with a helium balloon hanging in the air.

Only corrections that are worth entering require time to verify. A single flash crash might just be the beginning; a double bottom confirms real support.