I have always emphasized that the timing of entering and exiting the market is more important than which coin to buy. Many people fail to sell at the peak and often end up disappointed. A little trick may help you:
1. When the price of the coin rises and then retraces, but the trading volume doesn't decrease significantly, it indicates that the market is still hot, and it may rise again.
But if the price reaches a new high while the trading volume decreases, then be careful; it may be nearing the peak.
2. If the coin price lingers at a low for a long time, don’t rush to buy. See if it will test the bottom again and then suddenly rebound. If this reversal happens, it could be a good buying opportunity.
3. The coin lingers at the bottom for a long time, then suddenly breaks out one day and falls back again.
Don't rush, wait for it to surge again; that might be the moment it really takes off, and the increase could be substantial.
4. The coin price surges continuously and then starts to move sideways, with constant small fluctuations up and down.
At this time, be cautious; the market may be luring you in while risks are quietly accumulating.
