For newbies just stepping into the world of Crypto Assets, the Candlestick Chart may seem as incomprehensible as ancient texts. The alternating red and green candlesticks often leave people dazzled and even dizzy. However, there's no need to worry! Let's break down the mysteries of the Candlestick Chart in simple and easy-to-understand language, so you won't feel lost when facing these charts.

First, we need to understand the basic components of a Candlestick. Just as we need to know a person's height, weight, and other basic information, understanding the fundamental data of a Candlestick is also crucial.

Candlestick is mainly composed of four key price points:

1. Opening Price: This is the first transaction price at the beginning of the trading day. For example, if a certain Crypto Asset opens at 9 AM and the price of the first transaction is 100 dollars, then this is the opening price for the day.

2. Closing Price: Corresponding to the opening price, the closing price is the last transaction price at the end of the trading day. Assuming that the same crypto asset closes at 4 PM and the last transaction price is $110, then this is the closing price for the day.

3. Highest Price: As the name suggests, this is the highest price that the crypto asset reached during trading on that day. For example, if this coin rose to 120 dollars at some point, then 120 dollars is the highest price of the day.

4. Lowest Price: Relative to the highest price, the lowest price is the lowest price that occurs during the day's trading. If the Crypto Assets drops to $90 at some point, then $90 is the lowest price of the day.

By understanding these four key price points, we can roughly outline the Candlestick's shape. A complete Candlestick usually consists of three parts:

Upper shadow: This is the thin line that extends upward from the top of the Candlestick, representing the price range between the highest price and the closing price (or opening price). Whether it is connected to the closing price or the opening price depends on whether the Candlestick is a bullish or bearish one. You can think of the upper shadow as the small protruding part at the top of a matchstick.

Body: This is the main part of the Candlestick, reflecting the price movement between the opening price and the closing price. The color and length of the body can intuitively reflect the price trend and volatility for the day.

By mastering these basic concepts, you will be able to better understand and analyze Candlestick Charts, providing strong support for your Crypto Assets investment decisions. Remember, practice makes perfect; with more practice, you will soon be able to interpret these charts easily like a professional trader.