🎤 Cheer for Your Idol · Gate Takes You Straight to Token of Love! 🎶
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HyunA / SUECO / DJ KAKA / CLICK#15 — Who are you most excited to see? Let’s cheer together!
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🎵 The song you want to he
In the Crypto Assets market, understanding market dynamics and trading skills is crucial. Here are some noteworthy market insights:
1. Bitcoin is usually the barometer of the Crypto Assets market. High-quality alternative coins sometimes move independently of Bitcoin's trend, but most altcoins still follow Bitcoin's fluctuations.
2. Bitcoin and USDT exhibit an inverse relationship. An appreciation of USDT may indicate a decline in Bitcoin, while an increase in Bitcoin may present a good opportunity to purchase USDT.
3. Between 0:00 and 1:00 AM, the market often experiences significant price fluctuations. Investors can set limit orders before going to bed to seize potential trading opportunities.
4. The period from 6 AM to 8 AM is a key timeframe for determining intraday trends. If there is a continuous decline from midnight to morning, it may be an opportunity to buy or add to positions; conversely, if there is a continuous rise, it may indicate a drop later in the day.
5. Around 5 PM, due to time zone differences, American traders begin to become active, which may trigger market fluctuations. Investors should closely monitor market changes at this time.
6. Although 'Black Friday' is well-known in the Crypto Assets market, the market performance on Friday is not actually fixed. Investors should pay more attention to real-time market news rather than periodic speculation.
7. For crypto assets with sufficient trading volume, there is no need to worry too much in case of a decline. They usually recover in the short term (ranging from a few days to a month). If there are additional funds available, consider buying in batches to lower the average cost.
These insights can help investors better understand and grasp the Crypto Assets market, but always remember that market risks still exist, and investment should be cautious.