Family, this round of BCH market movement has caused panic in the community—"Short at 630 or 650?" "Break previous high, chase or not?" Various analysts are analyzing support and resistance levels with candlestick charts, full of routines. But the question is, are these seemingly professional judgments really reliable?
I've been in this circle for 5 years, and now I finally see a harsh reality: the points, resistances, and supports you’re obsessing over are actually superficial. What truly determines whether your account profits or loses isn’t how the candlesticks are drawn, but whether the data you use is genuine or not.
Imagine this scenario—what you see as "strong resistance levels" might actually be illusions created by thin trading on a certain DEX; the "real-time quotes" you watch could be lagging behind the actual market by several seconds; when you place an order based on technical analysis signals, big players have already harvested profits with accurate data. 99% of people lose money, and they lose before making decisions because their entire judgment system is built on sand.
This also explains why more and more traders and developers in the market are paying attention to **data credibility**. In the crypto market, information asymmetry is deadly. Multi-source data aggregation, cryptographic verification of authenticity, on-chain transparent records—these should be the infrastructure of trading. When you see BCH’s quote, can you verify whether it’s genuinely aggregated from multiple channels like Binance, DEX, etc.? The importance of this question is what the community should truly be thinking about.
The next market winners won’t be those who guess the levels most accurately, but those who can find the most authentic data sources.
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PessimisticOracle
· 5h ago
630 empty 650 empty, to put it plainly, it's all gambling. Who really knows?
The big players have already left, and we're still watching the K-line, it's hilarious.
The authenticity of the data is indeed the key, but who can guarantee that the data we get is genuine?
After five years of struggling and still debating here, what does that say...
Information asymmetry is a fatal flaw, but we can't change that, it's just the fate of being harvested.
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ContractCollector
· 6h ago
That's right, I have lost money before due to information lag.
Big players thrive on information asymmetry, while we play the guessing game.
This wave is indeed hard to see through, but traders with reliable data sources do tend to last longer.
Talking about levels is pointless; the key is to have a solid source.
Really, 99% of analyses are armchair quarterbacks after the fact.
The illusion created by thin DEX order books has tricked me more than once.
On-chain transparent records are the future, but no one is really using them yet.
View OriginalReply0
TopEscapeArtist
· 6h ago
I knew it, it's always the same trick—look bullish on the technicals with MACD golden cross, but then get cut right after. Now I realize that data is the real key.
Family, this round of BCH market movement has caused panic in the community—"Short at 630 or 650?" "Break previous high, chase or not?" Various analysts are analyzing support and resistance levels with candlestick charts, full of routines. But the question is, are these seemingly professional judgments really reliable?
I've been in this circle for 5 years, and now I finally see a harsh reality: the points, resistances, and supports you’re obsessing over are actually superficial. What truly determines whether your account profits or loses isn’t how the candlesticks are drawn, but whether the data you use is genuine or not.
Imagine this scenario—what you see as "strong resistance levels" might actually be illusions created by thin trading on a certain DEX; the "real-time quotes" you watch could be lagging behind the actual market by several seconds; when you place an order based on technical analysis signals, big players have already harvested profits with accurate data. 99% of people lose money, and they lose before making decisions because their entire judgment system is built on sand.
This also explains why more and more traders and developers in the market are paying attention to **data credibility**. In the crypto market, information asymmetry is deadly. Multi-source data aggregation, cryptographic verification of authenticity, on-chain transparent records—these should be the infrastructure of trading. When you see BCH’s quote, can you verify whether it’s genuinely aggregated from multiple channels like Binance, DEX, etc.? The importance of this question is what the community should truly be thinking about.
The next market winners won’t be those who guess the levels most accurately, but those who can find the most authentic data sources.