Three years ago, Xiao Fei was at his wit's end and came to me—his account was already爆, owing a huge debt, and his girlfriend had left him. Now? He has 300,000 USDT sitting in his account. It’s not due to insider information, nor did he catch any 10x coins; it’s just that over these three years, we’ve together mastered a set of skills: how to turn trading from gambling into real craftsmanship.

After accompanying him through over 1000 days of market analysis, I’ve summarized these 6 insights. Mastering the first three will basically put you ahead of 80% of retail investors.

**First: The tactics when the market maker accumulates at low levels**

Looks like a fierce rise, then a continuous decline? Most likely a shakeout. Last year’s SOL trend was textbook—rising from 20U to 40U, then three consecutive weeks of decline, with many people angrily shouting "Market maker ran away." But then, over the next three months, it stubbornly surged to 200U. Remember this logic: sharp rise + slow decline does not equal distribution. What does true distribution look like? A sudden spike to attract chasing, then a waterfall crash through all support levels.

**Second: The trap during market maker’s distribution**

After a flash crash, it begins to slowly rebound, seeming like “finding a bottom.” The most memorable scene was LUNA in 2022—plunging from 100U to 80U, then dragging itself back up to 95U. Many thought, “Such a big drop, it must be a bottom,” but it ended in a complete collapse to zero. Rebounds in a downtrend are 99% the final blow.

**Third: The hidden logic behind top signals**

A massive volume at a high level doesn’t necessarily mean a top. It could be a handover or a shakeout. The real danger is the opposite—no volume at a high level, which is a signal to exit.

By integrating these three points, you can see through most of the market maker’s tactics. The remaining three are deeper and will be discussed later.