Bottom Fishing and Top-Taking Techniques
1. When the price of a coin rises and then corrects but the trading volume hasn't decreased much, it indicates that the market is still active and may continue to rise.
However, if the price hits a new high but the trading volume decreases, be cautious, as it may be nearing its peak.
2. If the price of a coin lingers at a low level for a long time, don’t rush to buy. Observe whether it will test the bottom again and then rebound sharply. If this reversal occurs, it could be a good buying opportunity.
3. If a coin has been hovering at the bottom for a long time and suddenly breaks out only to drop back again.
Don't rush; wait for it to break out again, as that may indicate it is really about to take off, with a significant potential rise.
4. When the price of a coin is surging forward and then starts to move sideways, experiencing small fluctuations up and down.
At this point, be alert, as the market may be luring you in, while risks are quietly accumulating.
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