Trading volume is the true mirror of the market, while emotional fluctuations are the most reliable trading signals. This is not bragging, but a hard-earned lesson from years of experience in the crypto world.

Looking at the people around me, it becomes clear. Some are still struggling to accumulate through fixed jobs, while others have achieved financial freedom by understanding the market operation principles. What's the difference? It’s whether they grasped that key insight ten years ago: the ceiling of traditional paths has long been set.

During six years of repeated bull and bear markets, I’ve tasted all kinds of flavors. Sudden surges and crashes have become routine; surviving until today relies on a few unwavering principles. These are not universal formulas, but experiences built from real gold and silver.

**What the pits I’ve stepped into have taught me**

Slow gains but rapid drops? Absolutely avoid. This is a typical trap set by market manipulators—gradually accumulating to raise expectations, then crashing the price in a lightning-fast move. The most confusing candlesticks in the market are those with steep upward trends, but in reality, a steady rise truly reflects genuine buying support.

Seeing a small rebound after a sharp decline and thinking of bottom-fishing? That’s precisely the most dangerous moment. Many have lost everything by believing in the phrase "bottom-fishing." Those weak rebounds after a decline are often the last bait before distribution; the real bottom requires ample time to settle and repeated testing, not something that happens overnight.

High prices without volume support? Run quickly. If a large amount of trading suddenly appears at the top, it could be the final push by the manipulators or just inertia. But sluggish volume at high levels always signals danger. As for volume surges at the bottom, don’t rush to jump in. Only sustained, gentle volume increases that can be stabilized are worth considering as entry signals.

**Market psychology hidden in trading volume**

The essence of the crypto market is emotional trading, and all emotions ultimately manifest in the trading volume indicator. When most retail investors are eager to follow the trend and jump in, institutional funds are often quietly preparing a counter-move; conversely, when the market is filled with panic and everyone wants to escape, smart money is quietly positioning.

This seemingly contradictory phenomenon is actually an eternal game among market participants. Trading volume acts like a magnifying glass, revealing the true power dynamics behind the surface prosperity.

The highest level of trading is not predicting prices, but understanding the psychological changes of participants. Mastering this dimension allows you to stay clear-headed when others are confused and to remain rational when others are疯狂.