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5 Laws of Cryptocurrency Trading in the Crypto World!
1. Rising quickly and falling slowly is a sign of accumulation.
Rapid rise but slow decline indicates that the market makers are accumulating chips, preparing for the next round of increase.
2. Falling quickly and rising slowly means that stocks are being offloaded.
Rapid decline but slow rise indicates that the market makers are gradually selling off, and the market is about to enter a downward cycle.
3. Don't sell when there is high volume at the top, run quickly when there is no volume at the top.
High trading volume at the top may continue to rise; however, if the trading volume at the top shrinks, it indicates insufficient upward momentum, and it's best to exit quickly.
4. Do not buy when there's volume at the bottom; you can buy when there's continuous volume.
A volume increase at the bottom may indicate a continuation of the decline, and it needs to be observed; continuous volume increase suggests that funds are continuously entering, which may be a signal to consider buying.
5.Cryptocurrency Trading is trading emotions, consensus is transaction volume.
Market sentiment determines coin price fluctuations, and trading volume reflects market consensus and investor behavior!
6. Nothing equals everything #ETH突破3000# #BTC再创新高#