Summary of cryptocurrency trading skills summarized by Junior Sister: Recommended for collection
Sky-high volume means sky-high price, low volume means no low price
Trading volume has an important impact on price trends. Large trading volume supports price increases, while insufficient trading volume makes it difficult to support prices.
Bulls are not dead, and the decline continues
When bulls are strong, the decline may stop, but it does not mean that the trend has ended.
Shorts are not dead, and the rise continues
When shorts are strong, the rise may encounter resistance, but it does not mean that the upward trend has ended.
In a bull market, bad news is good news, and good news is good on good
In a bull market, bad news may be interpreted by the market as good news, and good news may further drive prices up.
In a bear market, good news is bad news, and bad news is bad on bad
In a bear market, good news may be interpreted by the market as bad news, and bad news may further aggravate the decline.
Don't change coins in a bull market, don't hold coins in a bear market
Continue to hold in a bull market, and stop loss and exit in a bear market.
There is no top in a bull market, and there is no bottom in a bear market
It is not advisable to judge the top too early in a bull market, and it is not advisable to judge the bottom too early in a bear market.
Don't chase after a big rise for three days, and don't sell out after a big fall for three days
Avoid chasing ups and downs, especially after a continuous big rise or fall, the mood may be in an extreme state, and the market may reverse.
Bull market rises slowly, washes and falls sharply
In a bull market, prices usually rise slowly, but once a sharp drop occurs, it may be a signal of washes.
Bear market falls slowly, rebounds and rises sharply
In a bear market, prices usually fall slowly, but once a sharp rise occurs, it may be a signal of rebound.
Focus on coins that have risen sharply at the bottom
In the case of a large amount at the bottom, the price may rise sharply, which is worth paying close attention to.
Be vigilant when a huge amount is released at a relatively high level
When the price is relatively high, if it is accompanied by a large number of transactions, it may be a sell signal, and you need to be vigilant.
Don't kill the rise in a bull market, don't chase the rise in a bear market
In a bull market, don't easily fight against the rise, and in a bear market, don't rush to chase the rise.
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