Essentials! Essentials! How should retail investors respond to wash trading?

🟨Hold on to bottom positions

When facing wash trading by market makers, retail investors should avoid panic selling, especially when holding low-cost tokens. Methods to determine the bottom area include:

🚩Concentration of holdings: The area of concentrated holdings at the bottom is typically the cost area for market makers.

🚩Turnover rate: A turnover rate exceeding 200% over a period may indicate the cost range for market makers.

🚩Volume accumulation: The average price of accumulated trading volume often approaches the market maker's cost.

🚩Large orders suppressing: The appearance of large orders suppressing the market often indicates the market maker's cost position, and after suppression, the price usually rises.

As long as the retail investor's holding cost is lower than that of the market maker, there is no need to worry about being washed out. #Strategy增持比特币 $BTC