Day trading involves opening and closing crypto positions within the same trading day, aiming to profit from short-term price movements. It requires constant market monitoring, fast decision-making, and often the use of technical indicators, news, and volume analysis. Unlike scalping, day trading allows for fewer trades per day but typically targets larger moves.
Example:
A trader buys Solana (SOL) at $175 in the morning after a bullish breakout and sells it at $185 by the afternoon to capture a quick 5.7% gain.