#数字资产市场动态 In a trading career spanning over ten years, I have seen many people enter the market and also see them exit. But one friend's trajectory left a deep impression on me—an initial capital of 300,000 grew through market experience to over 90 million. What's more worth pondering isn't this number itself, but his lifestyle choices after achieving financial freedom: still living in an ordinary community, riding an electric bike every day, and carefully bargaining over two yuan to get cheaper vegetables.

This contrast instead reveals a truth: the accumulation of huge wealth has never been based on luck or insider information, but on strict trading discipline. Over the years, he has summarized trading rules, and I have distilled the six most core principles.

**Rapid rise followed by slow decline is a classic pattern for building positions**
If institutional players truly want to intervene in a stock, they will never just push up and then crash. What you see is a series of small, gradual declines and repeated low-level oscillations. This process may seem torturous, but it precisely indicates that chips are quietly accumulating. Many people are washed out during this stage, ending up just watching others eat the gains.

**Sudden plunge followed by sideways movement signals distribution**
A large bearish candle suddenly drops, but the subsequent rebound lacks strength—it's important to understand what this might mean. Often, this is when big players quietly reduce their holdings, transferring chips to the new holders. Trying to bottom fish at this point might mean grabbing the flying knives others are throwing away.

**Volume at high levels to mark a top is a misconception**
Newcomers in the crypto space are especially easily scared off by trading volume. In fact, the true top often appears during declining volume in a downward trend, while volume at high levels indicates chip exchange. Instead of focusing solely on candlestick patterns, it's better to observe the flow of chips.

**Bottom initiation must be accompanied by volume and price movement**
A single surge in volume might be a false alarm; the real entry of major players is demonstrated through sustained volume increases along with rising prices. The more thoroughly accumulated at the bottom, the more room there is for upward movement.

**Market sentiment is more honest than technical indicators**
Many people are obsessed with complex indicators but overlook the most fundamental aspect of the market—it's a game of human nature. Trading volume acts like a thermometer of market sentiment, reflecting genuine participation and confidence, which is hard to fake.

**Knowing when to hold cash is more important than knowing how to trade**
This is the hardest to master. Resisting the impulse to trade is ten times more difficult than learning how to trade. True profits often come from a few key opportunities; most of the other time should be spent waiting and observing.

This friend is now 48 years old and still adheres to a minimalist lifestyle. He once said something that I have always remembered: true financial freedom isn't about having more desires, but about making money work for you, so you can relax.

Many people are trapped in a cycle of chasing gains and selling in panic, swinging daily between anxiety and anticipation. Perhaps it's worth stopping to think: should I continue blindly exploring in chaos, or find my own trading logic and stick to it?