Having done encryption trading for so long, I found that while Technical Analysis is certainly important, the matter of state management really cannot be ignored.

A tip: When staying up late to monitor the market or feeling emotionally unstable, force yourself not to engage in trading. At such times, a slight tremor can easily lead to erratic operations; it's better to wait until you've had enough sleep and your state is back to normal. Additionally, at the beginning and middle of each month, as well as around various holidays, I actively reduce my positions and observe the market — not because I believe in anything, but purely because unusual events often occur during these time periods, and volatility can easily exceed expectations.

In simple terms, it's all about stability, and the principal is more important than anything else. When the market feels off, it's better to move less, and when the risks are unclear, trade lightly. This is much more effective than fixating on the K-line.