Trends, support levels, resistance levels... these things are not only valid for $BTC and $ETH. No matter how niche the coin or how obscure the trading pair, as long as there is trading volume, it cannot escape technical constraints. When a rebound occurs, whether it's mainstream coins or altcoins, those who understand charts and those who don't can have a tenfold difference in profit.
The logic of the crypto market is actually very simple: prices fluctuate around value, and these fluctuation patterns are clearly visible on charts. Technical analysis is not some mystical art; it’s about using historical data to find probabilities and identify recurring patterns. The more market participants there are, the more effective this logic becomes.
In this recent rebound, many blindly followed the trend, but those who truly made money were mostly doing their homework—checking historical highs, analyzing high-volume zones, and observing the arrangement of moving averages. It’s nothing mysterious; it’s basic, pragmatic market observation.
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liquidation_surfer
· 7h ago
That's right, I'm just worried that a bunch of people only look at the increase without analyzing the charts, and end up getting stuck badly later on.
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LiquidatedDreams
· 12-15 03:43
That's so true. Understanding charts is understanding money. I used to get stuck just because I didn't look at K-line charts.
In fact, altcoins rely more on technical analysis, while mainstream coins are driven by large capital inflows. Small-cap coins have to rely on charts to speak.
Honestly, I still get caught in positions sometimes, and doing research doesn't always guarantee success, haha.
Dense areas are indeed useful, but they can also be misinterpreted easily. How do you avoid this?
This rebound is a test of your research work. Although I often fail the test, haha.
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StillBuyingTheDip
· 12-14 11:30
To be honest, understanding charts can really save a lot of unnecessary money. My friends who followed the trend have now cut their losses.
Finding patterns in candlestick charts is not difficult, it just requires patience. I only learned this after experiencing losses.
Technical analysis really works, but mindset is more important than anything else. Impulsiveness is the end of it.
Watching moving averages every day can drive you crazy; you need to have your own rhythm and not be led by the market.
Rebounds are the easiest time to fall into traps. Many people are ruined by greed. I only buy the dip and never chase high.
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AlwaysMissingTops
· 12-14 11:27
You really need to understand how to read charts, otherwise you're just giving away money to others.
That's right, those blindly following should reflect on themselves.
And again with technical analysis, I just want to know who can reliably predict tops and bottoms?
Historical data is unreliable, the market always finds new tricks.
Ten times difference? Feels more like losing ten times.
Moving averages look neat, but a black swan can wipe out everything.
Honestly, those who look at charts and those who don't might end up with the biggest difference in principal.
Is this rebound really that simple? I feel like there are traps.
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UncleLiquidation
· 12-14 11:18
That's correct, technical analysis is indeed the hard truth, but I see many people still get stopped out on their stop losses.
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AirdropDreamer
· 12-14 11:15
That's correct, but I'm afraid some people only call trades without analyzing the charts, then blame the market for being unfair.
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NonFungibleDegen
· 12-14 11:13
ngl ser, chart reading is lowkey just cope when ur down bad... but yeah the patterns hit different when the market actually has volume 📊
#数字资产生态回暖 Charts speak, candlesticks also speak
Trends, support levels, resistance levels... these things are not only valid for $BTC and $ETH. No matter how niche the coin or how obscure the trading pair, as long as there is trading volume, it cannot escape technical constraints. When a rebound occurs, whether it's mainstream coins or altcoins, those who understand charts and those who don't can have a tenfold difference in profit.
The logic of the crypto market is actually very simple: prices fluctuate around value, and these fluctuation patterns are clearly visible on charts. Technical analysis is not some mystical art; it’s about using historical data to find probabilities and identify recurring patterns. The more market participants there are, the more effective this logic becomes.
In this recent rebound, many blindly followed the trend, but those who truly made money were mostly doing their homework—checking historical highs, analyzing high-volume zones, and observing the arrangement of moving averages. It’s nothing mysterious; it’s basic, pragmatic market observation.