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Event ends: August 9, 16:00 UTC
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#ETH# in the crypto world Cryptocurrency Trading 5 laws!
1. Rising quickly and falling slowly is a sign of accumulation.
Rapid rise but slow decline indicates that the market makers are accumulating chips in preparation for the next round of increase.
2. Falling fast and rising slowly means that the goods are being sold.
A rapid decline followed by a slow rise indicates that the market maker is gradually selling off, and the market is about to enter a downward cycle.
3. Don't sell when there's volume at the top; run away quickly when there's no volume at the top.
A large 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 is increased volume at the bottom; you can buy when there is sustained volume.
A volume increase at the bottom may indicate a downward continuation, which needs to be observed; sustained volume indicates that funds are continuously entering, which may be a consideration for buying.
5.Cryptocurrency Trading is trading emotions, consensus is the trading volume.
Market sentiment determines the fluctuation of coin prices, and trading volume reflects market consensus and investor behavior!
6. Nothing equals everything #ETH突破3000# #BTC再创新高#