CounterIndicator

A year has passed, and I recall the discussions about algorithmic stablecoins that started in 2025. Back then, everyone was asking: Is this time truly different? Or are we just going to repeat past tragedies? Looking back now, the situation is indeed more complicated than expected.
The concept of algorithmic stablecoins itself is quite elegant — no central authority needed, relying purely on smart contracts and supply-demand balance to maintain a $1 peg. Theoretically perfect, but in practice? We all know the answer.
The collapse of Terra’s UST is still vivid in my memory. At the time, the mec

Recently, I’ve noticed more and more people around me researching airdrops. I’ve also compiled some insights and decided to share them all at once.
First, let’s talk about what an airdrop is. Simply put, it’s the act of completing tasks set by project teams to receive free tokens. To quickly grow their user base, projects often distribute a portion of tokens for free to early participants, which is called an airdrop. For ordinary users like us, the appeal of airdrops is—this is the lowest barrier to participate in blockchain projects, and if you catch a high-quality project, the returns can be

Recently, I’ve noticed that many beginners have a pretty vague understanding of the concept of hedging. In fact, it’s a very practical risk management tool worth studying carefully.
Simply put, hedging involves making opposite trades to offset potential losses. This practice has been widely used in traditional finance for a long time, and it’s equally important in the crypto market. For a straightforward example, if you hold Bitcoin but are worried about a price drop, instead of just sitting and waiting, you can perform a hedging operation in advance to protect your principal.
Many people tend

Recently, I’ve noticed that many newcomers entering the crypto space get confused by abbreviations like PoW and PoS. I was the same at first😅 Actually, these consensus mechanisms are essentially the "rules of the game" in the blockchain world. Understanding them can really help differentiate projects.
Let’s start with PoW, which stands for Proof of Work. Simply put, whoever has more computing power can record transactions. Bitcoin uses this mechanism. You work hard on your computer solving puzzles; if you get it right, you earn rewards. It sounds fair, but the problem is that this process con

Recently, someone asked me how to use the KD indicator, especially regarding the parameter settings for KDJ. So I decided to organize my understanding.
Honestly, most people open their trading software with the default parameters of 9, 3, 3 for the KD indicator, but few truly understand the logic behind these three numbers. I myself took a long time to figure it out, so today I’ll break it down and explain.
Let's start from the basics. The core of the KD indicator is RSV (Raw Stochastic Value), which reflects the current price's relative position within a certain period. The formula is: (Today

Recently, someone asked me how to choose between full position and incremental position. So I’ll organize my understanding here.
First, let’s talk about full position. Full position is like gambling mode: all your funds are tied together in one account, sharing both gains and losses. The advantage is that capital utilization is indeed high. If the market experiences a short-term pullback, full position can help you last longer. But the problem is obvious—once a position blows up, the entire account is wiped out instantly, leaving no chance to recover. So full position is really only suitable f

Recently, while studying trading strategies, I found that many people still have some confusion about left-side trading and right-side trading. In fact, these two trading methods represent completely different market mindsets.
Left-side trading is essentially a contrarian approach, simply put, operating in the opposite direction during market pessimism. When most people are fearfully selling off, you instead buy on dips—that's the meaning of "be greedy when others are fearful." Conversely, when market sentiment is extremely exuberant and everyone is frantically chasing gains, left-side traders

Recently, many people have been asking how to use EMA, and this indicator is indeed worth studying carefully. Compared to simple moving averages (MA), EMA reacts more sensitively to recent price changes because it assigns higher weight to the latest data, which is why many experienced traders prefer it.
First, let's go over common EMA parameter combinations. I personally use more short-term parameters like EMA10, EMA20, and EMA30, combined with long-term parameters like EMA120 and EMA250. The key is to choose based on your trading cycle. For example, use EMA120 for 4-hour charts, and EMA20 or

Recently, I’ve seen quite a few discussions about ATH in the community, and I think it’s necessary to have a good talk about this concept. Many newcomers don’t fully understand what ATH means and often make mistakes at this point.
ATH stands for All Time High, simply meaning the highest price an asset has reached since it started trading. It sounds simple, but in reality, not many people truly understand what ATH signifies. When the price hits a new all-time high, it may seem like an excellent buying opportunity, but in fact, the risks are often seriously underestimated at this point.
I’ve not

Recently, while organizing my trading notes, I was reminded of harmonic patterns. Honestly, when I first encountered them, these patterns confused me a bit, but I later realized that mastering harmonic patterns can be incredibly effective for predicting market reversal points.
Let me start by explaining why this is important. According to statistics, the average win rate for trades identified using harmonic patterns can reach 78.7%, which is already quite good in technical analysis. However, the learning curve for harmonic patterns is quite steep, and many traders give up after just a quick lo

Recently, I've been studying harmonic trading, and I found that the bearish Bat pattern is definitely worth a deeper understanding. Many people are still not very familiar with this pattern, but mastering it can significantly improve trading success rates.
Let's start with the structure of the bearish Bat. This pattern consists of four legs: XA, AB, BC, and CD. The core logic is as follows: the initial XA leg moves downward, then the AB leg retraces upward, usually by 38% or 50% of XA according to Fibonacci levels. Point B is particularly important; it must precisely end at one of these two le

Do you remember the earth-shattering May 19th incident in 2021? That day, the entire crypto world experienced an unprecedented bloodbath, shattering countless dreams of sudden wealth in an instant. After many years, looking back at that rollercoaster of a ride, there's still a sense of lingering excitement.
When it comes to the trigger of the May 19th incident, we have to mention Elon Musk. This guy was initially a fervent supporter of Bitcoin, investing $1.5 billion in Bitcoin through Tesla in Q1 2021 and announcing that Tesla would accept Bitcoin payments. He often hyped Dogecoin on Twitter,

Recently, I came across a saying that really struck a chord: “Seek wealth in danger, but also lose it in danger. When seeking, only one in ten succeeds; when losing, nine out of ten.” This sentence is nothing short of perfectly fitting when applied to the crypto market.
I’ve noticed that many people’s mindsets in the market are actually pretty much the same. When they see an opportunity, they’re overly cautious to the extreme—and end up missing it. But once they start chasing the pump, they can’t help but want to put their entire life savings on it. With this kind of investing approach, in the

I just saw that Hong Kong-based stablecoin payment company RedotPay is raising funds again, this time aiming for $150 million with a valuation surpassing $4 billion. They plan to go public in the U.S. this year. Last year, they already raised over $150 million, with investors including a major exchange and some well-known venture capital firms. Their valuation has now exceeded $1 billion.
Interestingly, they are pushing for an IPO while changing leadership. Over the past year, at least five executives haven't served a full year, the compliance officer has been replaced twice, and now even the

Recently, I noticed an interesting development in cross-chain technology. Abu Dhabi's Venom Foundation has integrated the ChainConnect protocol, with the core selling point being "trustless" atomic swaps—this concept is actually quite important for institutional clients.
Traditional cross-chain bridges like LayerZero and Axelar support over 100 chains by relying on external oracles, relayers, or validator sets. What does this mean? It means each transaction must be verified and endorsed by multiple intermediary nodes. Venom's approach is completely different—they use atomic swaps to directly c

Hey, did you know that Vitalik Buterin's birthday is today? He's 32 years old! Every time I see his name, I think about how Ethereum has changed the entire crypto world.
Back in 2015, Vitalik Buterin launched Ethereum, which directly ushered in the era of smart contracts and DeFi. Now, NFTs are all built on his foundation. It's no exaggeration to call him the pioneer of decentralized finance.
Interestingly, on Vitalik Buterin's birthday today, ETH's price is fluctuating around $2,000, and many in the community are sharing congratulatory images and tributes. Sometimes I wonder, the influence th

Recently, Taiwan has been making significant moves in water resource management. To meet the water demands of the high-tech industry, the government is actively promoting the construction of seawater desalination plants, a trend worth paying attention to.
The desalination plants in Hsinchu and Tainan are already under rapid construction, with expected completion and water production in 2027 and 2028. Each plant has a daily capacity of around 100,000 tons, with investments of NT$12 billion and NT$16 billion respectively, making them quite substantial. These desalinated waters will be directly i

Recently, I realized that many people are not very familiar with the details of bank deposits, especially something as seemingly simple as filling out a deposit slip. Having experienced several troubles due to careless filling myself, I want to share some practical tips.
Actually, a deposit slip is just a record form, but its role is much more important than you might think. Every time you go to the bank to deposit money, whether in cash or checks, this form records your account number, name, date, and amount. It may seem basic, but this is your transaction proof with the bank, and you must be

I just noticed that Tether is pushing forward with an interesting infrastructure development. They announced a strategic investment in the t-0 network, which is primarily designed for cross-border payment settlements.
In simple terms, the core of t-0 is to use USD₮ (Tether's USD stablecoin) as the settlement layer, enabling banks and financial institutions worldwide to complete international transfers faster and cheaper. Everyone is aware of the issues with traditional cross-border payments—slow, expensive, and complex, involving multiple intermediaries and exchange rate risks. t-0 aims to add

I've been watching Bitcoin's price movements lately and realized that this year's start has been absolutely disastrous. The first 50 trading days have seen a total decline of 23%, marking the worst start to a year on record—down 10% in January and another 15% in February. Even more concerning is the possibility of setting a historical record—the first time in Bitcoin's history that January and February have both experienced consecutive declines.
During the 2018 crypto winter, January fell 29% but February was flat; in the 2022 bear market, January dropped 18% but February rebounded 12%. At lea