Once upon a time, I prided myself on being a fearless pioneer in the cryptocurrency market, only to suffer a Waterloo in a sudden market upheaval. That experience saw my massive position evaporate in just 30 minutes, leaving only cold numbers on my phone screen.

However, it was this painful lesson that made me reevaluate the essence of contract trading. I realized that it was merely a game of probability. With the surviving funds and newly acquired insights, I began to experiment with a dynamic risk management strategy. To my delight, this method yielded astonishing returns in just two months.

This experience made me deeply realize that in the highly volatile encryption currency market, the true way to survive is to learn to dance with risk. Technical analysis is certainly important, but what is more critical is insight into market rules and strict risk control.

For those who wish to establish themselves in this market, I recommend focusing on the following aspects:

First, it is important to always pay attention to market trends. Continuous rising or falling candlesticks often clearly indicate the market direction. Following the trend can significantly increase the success rate of trades.

Secondly, it is important to learn how to identify market turning points. Certain special candlestick patterns, such as hammer and morning star, often indicate potential changes in trends. Timely capture of these signals may bring considerable profits.

Finally, accurately grasping the key price levels is crucial. Support and resistance levels are important reference points for price movement, and extra caution is needed when trading near these levels.

Remember, in this market, true experts rely not only on technical analysis, but more importantly, on strictly adhering to trading discipline and reasonably controlling risks. Only in this way can one survive long-term in this field full of opportunities and challenges.