Last night, I posted a student's notes in the group, and they went viral in half an hour.

I have organized it into the following text, as a "first lesson" for new fans:
I have been staring at candlestick charts for three years, and I finally understand one thing: the candlesticks themselves do not speak; they merely project the "thoughts" of the market makers onto the screen. Want to predict the future based on a few candles?
No way; but if you can understand the dealer's hints, at least you won't be led around by the nose.
I have summarized three commonly used codes to share with you.
Codeword 1: False breakout, real pump
The script is usually written like this: the price suddenly breaks through an important support level, and the comments section is immediately filled with wails. Retail investors see the breakdown and rush to cut their losses. Meanwhile, the big players quietly buy back the chips and pull the price back above the support level before the close.
Recognition method:
1. Look at the closing price. After the 1-hour candlestick breaks the support and then closes back above, it is highly likely to be a shakeout.
2. Look at the trading volume. A sudden increase in volume when breaking down, but a decrease in volume during the rebound, with clear signs of wash trading.
Secret Phrase 2: The Alert of Divergence between Volume and Price
Prices have reached new highs, but the volume is shrinking—this is a typical case of "false prosperity." On the contrary, when prices remain stable and the volume suddenly increases, it is mostly the big players secretly accumulating.
Last year I suffered losses in a certain popular coin: the daily chart reached new highs, but the trading volume decreased day by day, resulting in a sharp drop three days later, wiping out all profits.
Secret Phrase Three: The Crisis of High Position Consolidation
Consolidation is not a rest, it is a distribution. At the bottom consolidation, the operators are accumulating; at the top consolidation, the operators are unloading.
Distinction method:
1. The bottom is consolidating, with volume gradually increasing, and the bearish candle is quickly engulfed by a bullish candle.
2. The top is consolidating horizontally, with trading volume gradually shrinking, and the bearish candlestick is slowly engulfing the bullish candlestick. Once accompanied by a surge in open interest, the storm is coming.
Is K-line useful?
Useful, but don't just look at the ups and downs; you need to read the intentions behind them.
When you can understand these three coded phrases, the market is like a movie with subtitles, and the plot is clear at a glance.
Students who don't want to go around in circles, follow @小花生说币 to see what the dealer is up to. #加密市场反弹#