5 Laws of Trading Cryptocurrencies by #交易策略误区 !
1. Rapid increases and slow decreases indicate accumulation.
A rapid rise but a slow decline suggests that the market maker is accumulating positions in preparation for the next round of increases.
2. Rapid decreases and slow increases indicate distribution.
A rapid decline but a slow rise means that the market maker is gradually selling off, and the market is about to enter a downward cycle.
3. Don’t sell on high volume at the top; run if there is no volume at the top.
High trading volume at the top may indicate further increases; however, if trading volume at the top shrinks, it suggests insufficient upward momentum, so exit quickly.
4. Don’t buy on high volume at the bottom; sustained volume can be a buy signal.
High volume at the bottom may indicate a downward continuation, so observation is needed; sustained volume indicates that funds are continuously entering, which may be a signal to buy.
5. Trading cryptocurrencies is about trading emotions; consensus is reflected in trading volume.
Market sentiment determines cryptocurrency price fluctuations, and trading volume reflects market consensus and investor behavior!