Huobi HTX "Huobi Partner 1+1" Dialogue with Zhengrong and Crypto Master: Trading Wisdom from Novice to Professional Trader

On August 4th, HT HTX's new "Huoban 1+1" session invited crypto masters to share their practical experiences and profound insights in the cryptocurrency field, focusing on topics such as cycle determination, narrative selection, trading system construction, position management, and trading mentality. Current Market Cycle and Market Analysis Zheng Rong believes the current market is at the end of a bull market. Since the 2022 low point, Bitcoin has risen approximately 6.5 times, with significant growth; however, positive expectations (such as interest rate cuts, ETF approval, Bitcoin halving) have gradually materialized, and future macro-positive drivers are lacking. Altcoins perform relatively weak during pullbacks, suitable for short-term trading, while the overall market rhythm remains relatively stable. Zheng Rong also pointed out that whether Bitcoin breaks its previous high is not crucial for short-term traders, with the key being capturing emotion-driven market opportunities, such as drops after top structure formation or main upward waves. The crypto master noted that the current bull market is more driven by institutions and national teams, with limited profit space for retail investors. "This is not a traditional public bull market, but an institutional bull market for Bitcoin and Ethereum. Bitcoin breaking new highs is highly probable, but retail investors should focus on practical application projects (like Ethereum Layer 2) and wealth creation effects of new narratives." Trading System and Mindset Construction Trading System and Narrative Evolution In narrative evolution and track selection, Zheng Rong believes narratives can be divided into major and minor trends. The 2023 inscription boom was a major trend with early participants gaining significant profits. Recently, there's a lack of similar major narratives, with RWA, MEME, and other market hotspots being more short-term rotations. In his trading, he doesn't focus on sector narratives but selects 1-3 cryptocurrencies through daily strength rankings, emphasizing focused single cryptocurrency operations to reduce liquidation risks. He recommends decisive participation in major trends and selecting based on strength for minor trends. The crypto master compares cryptocurrencies to tech stocks, believing AI and RWA are future core narratives. He suggests trying new narratives with small funds, following the principle of "buying when no one asks, selling when everyone talks", while prioritizing projects with real backing. The livestream concluded with both guests sharing their journeys and offering advice to traders, emphasizing learning, safety, and emotional management in cryptocurrency trading.