Are you excited? Why are you not happy? Bitcoin is over 120,000! Can you see it? Pretending not to know.
What.
Eight years in cryptocurrency trading. Summarizing a set of trading rules.
5 Laws of Trading in the Cryptocurrency Circle!
1 Fast rise and slow decline indicates accumulation.
Rapid rise but slow decline indicates the big players are accumulating chips, preparing for the next round of increase.
2 Fast decline and slow rise indicates unloading.
Rapid decline but slow rise means the big players are gradually selling off, and the market is about to enter a down cycle.
3 Don't sell when there's volume at the top; if there's no volume at the top, hurry and run.
High trading volume at the top may continue to rise; but if the trading volume at the top shrinks, it indicates that the upward momentum is insufficient.
Enough, exit as soon as possible.
4 Don't buy with volume at the bottom; continuous volume indicates a buy.
Increased volume at the bottom may indicate a downward continuation, needs observation; continuous volume indicates that funds are continuously entering, can consider buying.
Consider buying.
5 Trading cryptocurrency is trading emotions; consensus is trading volume.
Market sentiment determines cryptocurrency price fluctuations, and trading volume reflects market consensus and investor behavior!
6 Nothing equals everything.
