Truly understanding the crypto market is not at the moment of making money. Instead, it’s during those times when the market "clearly breaks through successfully, only to be slammed back immediately."

Prices surge incredibly fast, K-line charts look stunningly beautiful, and there’s a chorus of screams in front of the screen. But that long upper shadow tells a different story — someone has absorbed all the chasing volume at high levels.

Since then, I changed my approach: focus less on indicators, and more on the levels where price gets rejected. Because the true intention of the crypto market is never shown in the closing price, but hidden in those rejected levels.

Later, I understood this logic: before every sharp surge, there must be a shakeout, and after every sharp decline, someone is quietly accumulating. The shadow line is the footprint left by the main force, recording the struggle at each price level.

So I no longer chase breakouts, nor guess the top. Now, I only do one thing — wait until liquidity distortion occurs before taking action. That’s when the win rate truly changes.