破解加密货币图表：像专业人士一样阅读图表的初学者指南

对加密货币图表感到困惑吗？本初学者指南详细介绍了解释价格走势和自信交易所需的基本模式、工具和技术。

Crypto charts can seem like a foreign language, but in 2025, learning to decipher them is more crucial than ever. Fresh regulations, new tech, and AI trends are constantly influencing the market, making chart-reading a must-have skill.

加密图表看起来像是一门外语，但在 2025 年，学习破译它们比以往任何时候都更加重要。新的法规、新技术和人工智能趋势不断影响市场，使图表阅读成为必备技能。

Crypto Chart Fundamentals

加密图表基础知识

Crypto price charts visually represent price movements across different timeframes, offering insights into trends, volatility, and trading opportunities. In the fast-paced crypto market, open-high-low-close (OHLC) data enables investors to track price changes within specific periods, forming the core of technical analysis.

加密货币价格图表直观地代表不同时间范围内的价格变动，提供对趋势、波动性和交易机会的见解。在快节奏的加密市场中，开盘-高-低-收盘（OHLC）数据使投资者能够跟踪特定时期内的价格变化，构成技术分析的核心。

Key Components

关键部件

Understanding the structure of crypto charts is essential for traders. Key components include:

了解加密图表的结构对于交易者来说至关重要。关键组件包括：

• X-axis: Multi-timeframe analysis is key to balancing short-term trades with a long-term outlook. You can adjust charts from one-minute to monthly intervals.
• Y-axis: The price scale can be set to linear or logarithmic. A logarithmic scale is more useful for long-term crypto analysis because it highlights percentage-based changes more clearly.
• Volume bars: These show market activity and help confirm chart patterns by indicating whether a breakout or reversal is backed by strong trading participation.

Foundational Chart Types

基本图表类型

Some chart types form the foundation of technical analysis. The most common ones include:

某些图表类型构成了技术分析的基础。最常见的包括：

• Candlestick: The most widely used chart type, showing OHLC data within a single bar.
• Line: Offers a quick view of overall trends by connecting closing prices over time.
• Bar: An alternative to candlesticks that also displays the OHLC structure in a simpler format.

With the rise of AI, charts that integrate onchain data, such as wallet activity and total value locked (TVL), are becoming increasingly popular. These advanced charts give traders deeper insights into evolving market dynamics.

随着人工智能的兴起，整合钱包活动和锁定总价值（TVL）等链上数据的图表变得越来越流行。这些高级图表使交易者能够更深入地了解不断变化的市场动态。

Did you know? Candlestick charts originated in 18th-century Japan, where they were first used to track rice trading, long before making their way into modern crypto markets.

你可知道？烛台图起源于 18 世纪的日本，早在进入现代加密货币市场之前，它们就首先被用来跟踪大米交易。

Five Most Popular Chart Patterns in Crypto Trading

加密货币交易中最流行的五种图表模式

Chart patterns are shapes formed by price movements that help traders anticipate future market trends. These patterns fall into two main categories: reversal patterns, which signal that a current trend may change direction, and continuation patterns, which suggest the trend will likely resume after a brief pause. They stem from market psychology, where emotions like fear, greed, and uncertainty drive collective trading behavior and create recognizable shapes on charts.

图表模式是由价格变动形成的形状，可以帮助交易者预测未来的市场趋势。这些模式分为两大类：反转模式，表明当前趋势可能会改变方向；持续模式，表明趋势可能会在短暂暂停后恢复。它们源于市场心理学，恐惧、贪婪和不确定性等情绪驱动集体交易行为，并在图表上创建可识别的形状。

Here are five common patterns every crypto investor, including beginners, should know:

以下是每个加密货币投资者（包括初学者）都应该了解的五种常见模式：

1. Head and Shoulders

1. 头肩顶

The head-and-shoulders pattern features three peaks, with a higher middle peak (the head) between two smaller ones (the shoulders), all connected by a “neckline.” The inverse version indicates a potential bullish reversal.

头肩形态具有三个峰，中间较高的峰（头部）位于两个较小的峰（肩部）之间，所有峰均通过“颈线”连接。反向版本表明潜在的看涨逆转。

How to read: A decline in volume on the right shoulder signals weakening momentum. A price break below the neckline confirms a bearish reversal, while a break above it confirms a bullish inverse. Measure the distance from the head to the neckline, then project that distance from the breakout point to estimate the target move.

如何解读：右肩成交量下降表明动能减弱。价格跌破颈线则确认看跌反转，而突破颈线则确认看涨反转。测量从头部到颈线的距离，然后投影到突破点的距离来估计目标走势。

Stop-loss: Place it above the right shoulder for bearish setups or below it for bullish ones.

止损：将其设置在右肩上方进行看跌设置，将其设置在右肩下方进行看涨设置。

Example: In early 2025, Cardano (ADA) formed a head-and-shoulders pattern during a correction phase after its governance upgrade buzz, signaling a temporary bearish move.

示例：2025 年初，卡尔达诺 (ADA) 在治理升级热潮之后的修正阶段形成了头肩形态，预示着暂时的看跌走势。

2. Double Top and Double Bottom

2. 双顶双底

Double tops form an “M” shape near resistance, signaling a potential bearish reversal. Double bottoms form a “W” shape near support, signaling a potential bullish reversal.

双顶在阻力位附近形成“M”形，预示着潜在的看跌反转。双底在支撑位附近形成“W”形，预示着潜在的看涨逆转。

How to read: These patterns show two failed attempts to break resistance (top) or support (bottom). Confirmation occurs when the price crosses the neckline: bearish for double tops and bullish for double bottoms. Measure the height from the neckline to the peaks or troughs, then project it from the breakout point to estimate the move.

如何阅读：这些形态显示了两次突破阻力位（顶部）或支撑位（底部）的失败尝试。当价格穿过颈线时，确认发生：双顶看跌，双底看涨。测量从颈线到波峰或波谷的高度，然后将其从突破点投影出来以估计走势。

Stop-loss: Place it above the top peaks or below the bottom troughs.

止损：将其设置在顶部波峰上方或底部波谷下方。

Example: Dogecoin (DOGE) formed a double top in mid-2025 after a social media-driven surge, followed by a sharp correction.

示例：狗狗币 (DOGE) 在社交媒体驱动的飙升之后于 2025 年中期形成双顶，随后急剧回调。

3. Triangle

3. 三角形

Triangle patterns form when price movements create converging trendlines, resulting in a triangular shape. The three main types are ascending (bullish), descending (bearish) and symmetrical (neutral).

当价格变动形成聚合趋势线时，就会形成三角形形态，从而形成三角形。三种主要类型是上升（看涨）、下降（看跌）和对称（中性）。

How to read: Breakouts often follow the existing trend but can occasionally reverse it. Estimate the price target by measuring the base width of the triangle and projecting it from the breakout point. A breakout upward in an uptrend is typically bullish, while a breakdown in a downtrend is bearish. To avoid false signals, use a 1%-2% filter before confirming a move.

如何解读：突破通常会遵循现有趋势，但偶尔也会逆转趋势。通过测量三角形的底部宽度并将其从突破点投影来估计价格目标。上升趋势中的向上突破通常是看涨的，而下降趋势中的突破则是看跌的。为了避免错误信号，请在确认移动之前使用 1%-2% 的过滤器。

Stop-loss: Place it below the triangle for bullish setups or above it for bearish ones.

止损：将其设置在三角形下方进行看涨设置，将其设置在三角形上方进行看跌设置。

Example: In early 2025, Ether’s (ETH) price action formed a symmetrical triangle amid uncertainty surrounding decentralized finance (DeFi) regulations. The price later broke out bullishly as regulatory clarity improved.

示例：2025 年初，由于去中心化金融 (DeFi) 监管存在不确定性，以太坊 (ETH) 的价格走势形成了一个对称三角形。随着监管透明度的改善，价格随后上涨。

4. Flag and Pennant

4. 旗帜和三角旗

Flag and pennant patterns form after sharp price moves. Flags appear as small, parallel channels, while pennants look like compact triangles. Both signal brief pauses before the prevailing trend continues.

价格急剧波动后会形成旗形和三角旗形态。旗帜看起来像小的平行通道，而三角旗看起来像紧凑的三角形。两者都预示着当前趋势继续之前的短暂停顿。

How to read: A steep “pole” followed by a short consolidation suggests that the trend is likely to resume. These patterns are bullish in uptrends and bearish in downtrends. Traders often enter on a pullback within the flag or pennant to improve risk-reward.

解读：陡峭的“极点”随后短暂盘整表明趋势可能会恢复。这些模式在上升趋势中看涨，在下降趋势中看跌。交易者经常在旗形或三角旗内回调时入场，以提高风险回报。

Stop-loss: Place it below the flag or pennant’s low for bullish setups, or above the high for bearish ones.

止损：如果看涨，则将其设置在旗形或三角旗的低点下方；如果看跌，则将其设置在高点上方。

Example: In 2025, Solana’s (SOL) price action formed a bullish flag pattern amid rapid ecosystem growth, including new DeFi protocol launches. This setup signaled the continuation of its upward trend.

示例：2025 年，Solana (SOL) 的价格走势在生态系统快速发展（包括新的 DeFi 协议推出）的情况​​下形成了看涨旗形模式。这一设置标志着其上升趋势的延续。

5. Wedge

5. 楔子

Wedge patterns form when price action creates converging trendlines that slope either upward (rising wedge, typically bearish) or downward (falling wedge, typically bullish).

当价格行为形成向上倾斜（上升楔形，通常看跌）或向下倾斜（下降楔形，通常看涨）的聚合趋势线时，就会形成楔形形态。

How to read: A rising wedge in an uptrend often signals a potential reversal as momentum weakens, while a falling wedge in a downtrend points to a possible bullish reversal. These patterns can also act as continuation signals when aligned with the prevailing trend. Measure the wedge’s height and project it from the breakout point to estimate the target move.

如何解读：上升趋势中的上升楔形通常预示着动量减弱可能出现逆转，而下降趋势中的下降楔形则预示着可能出现看涨逆转。当与流行趋势一致时，这些模式也可以充当持续信号。测量楔形的高度并将其从突破点投影以估计目标移动。

Stop-loss: Place it outside the wedge’s opposite trendline.

止损：将其置于楔形相反趋势线之外。

Example: In 2025, during a period of heightened speculation, Arbitrum’s (ARB) price action formed a rising wedge pattern, which was later followed by a market correction.

示例：2025 年，在投机活动加剧期间，Arbitrum (ARB) 的价格走势形成了上升楔形模式，随后出现了市场调整。

Did you know? Many crypto traders prefer logarithmic charts over linear ones. While linear scales display absolute price changes, log scales highlight percentage changes, making it easier to compare Bitcoin’s early rise from $1 to $10 with its later move from $10,000 to $20,000, both representing 10x growth.

你可知道？许多加密货币交易者更喜欢对数图表而不是线性图表。线性刻度显示绝对价格变化，而对数刻度则突出百分比变化，从而更容易比较比特币早期从 1 美元上涨到 10 美元以及后来从 10,000 美元上涨到 20,000 美元，两者都代表了 10 倍的增长。

Complementary Tools and Indicators for Trend Analysis

趋势分析的补充工具和指标

To strengthen your trend analysis, you can use several key indicators and tools. Important indicators include:

为了加强趋势分析，您可以使用几个关键指标和工具。重要指标包括：

• Moving averages (SMA/EMA crossovers): Track trends by watching when a short-term exponential moving average (EMA) crosses above or below a long-term simple moving average (SMA).
• Relative Strength Index (RSI): Detects overbought (>70) or oversold (prevents traders from chasing rallies or exiting too early during corrections.
• Moving average convergence/divergence (MACD): Uses a histogram to identify momentum shifts when the MACD line crosses the signal line.
• Bollinger Bands: Track volatility squeezes to spot potential breakouts or reversals.
• Volume analysis: Volume spikes confirm market participation during breakouts or reversals, validating chart patterns.

Did you know? Volume bars are more than background visuals. They confirm whether price breakouts are trustworthy. A surge in volume during a breakout signals strong market participation, while low volume may warn of a false move. Many traders view volume as the “heartbeat” of chart analysis.

你可知道？音量条不仅仅是背景视觉效果。他们确认价格突破是否值得信赖。突破期间成交量激增表明市场参与度较高，而成交量较低则可能预示着错误走势。许多交易者将成交量视为图表分析的“心跳”。

Risk Management and Best Practices

风险管理和最佳实践

Successful crypto trading relies on strong risk management and disciplined methods. Avoid analyzing patterns in isolation: Instead, combine chart patterns with indicators (such as RSI) and relevant news to improve accuracy. Always risk only a small portion of your capital to protect against sudden market volatility.

成功的加密货币交易依赖于强大的风险管理和严格的方法。避免孤立分析模式：相反，将图表模式与指标（例如 RSI）和相关新闻结合起来，以提高准确性。始终只用一小部分资金冒险，以防范突然的市场波动。

From a psychological standpoint, resisting fear of missing out (FOMO) is essential in 2025’s AI-driven environment, where automated trading and social media can easily inflate asset prices. Stay grounded, avoid hype and remain committed to your strategy.

从心理学的角度来看，在 2025 年人工智能驱动的环境中，抵制错过机会的恐惧 (FOMO) 至关重要，在这种环境中，自动交易和社交媒体很容易推高资产价格。保持脚踏实地，避免炒作并继续致力于您的策略。

Common mistakes include falling for false breakouts without volume confirmation and overtrading on short timeframes, which can lead to mental fatigue. To strengthen your approach, consider backtesting: applying your trading strategy to historical data to evaluate its past performance and potential future profitability.

常见的错误包括在没有成交量确认的情况下陷入虚假突破，以及在短时间内过度交易，这可能会导致精神疲劳。为了加强您的方法，请考虑回溯测试：将您的交易策略应用于历史数据，以评估其过去的表现和潜在的未来盈利能力。

So, there you have it! Crypto charts might seem daunting at first, but with a little practice, you'll be spotting those head and shoulders patterns like a Wall Street whiz. Now go forth and conquer those charts – just remember to set those stop-losses!

所以，你就有了！加密货币图表一开始可能看起来令人畏惧，但只要稍加练习，您就会像华尔街高手一样发现这些头肩形形态。现在就去征服这些图表吧——只要记住设置止损即可！