Cryptocurrency Survival Guide for Retail Investors! Packed with useful information!
1. Rapid rise and slow fall indicates accumulation: A quick increase followed by a gradual decline suggests that the market makers are accumulating chips in preparation for the next surge.
2. Rapid fall and slow rise indicates distribution: A sudden drop followed by a slow increase means that the market makers are gradually selling off, signaling an impending downtrend.
3. Don’t sell at high volume at the top, but run quickly if there’s no volume: High transaction volume at the top may indicate further increases; if volume decreases, it suggests insufficient momentum, and one should exit quickly.
4. Don’t buy at high volume at the bottom, but consider buying if there’s sustained volume: High volume at the bottom may indicate a struggle during a downturn, requiring observation; sustained volume indicates continuous capital inflow, making it a good entry point.
5. Trading is about sentiment and consensus, not just strategy: Market sentiment determines price fluctuations, while market consensus influences transaction volume; overly focusing on strategy may lead to losses in the end.
Those who can stay put on the cold bench, when the next wind comes, I will call you first. Follow @神级猎手星哥 to avoid getting lost
