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5 Laws of Cryptocurrency Trading in the Crypto World!
1. Rising quickly and falling slowly means accumulating shares.
Rapid rise but slow decline indicates that the operators are accumulating chips, preparing for the next round of increase.
2. Falling fast and rising slowly indicates that stocks are being sold off.
A rapid decline but a slow rise indicates that the whales are 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 quickly when there's no volume at the top.
The trading volume at the top is large, indicating that it may continue to rise; however, if the trading volume at the top shrinks, it suggests insufficient upward momentum, and it's best to exit as soon as possible.
4. Do not buy when there is volume at the bottom, you can buy when there is continuous volume.
Increased volume at the bottom may indicate a downward continuation, which needs to be observed; sustained volume suggests that funds are continuously entering, and buying can be considered.
5. Cryptocurrency Trading is about trading emotions, and consensus is the transaction volume.
Market sentiment determines coin price fluctuations, and trading volume reflects market consensus and investor behavior!
6. Nothing equals everything
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