5 Laws of Trading in the Cryptocurrency Market!
1. Fast rises and slow falls indicate accumulation.
Rapid increases but slow decreases indicate that the market makers are accumulating shares in preparation for the next rise.
2. Fast falls and slow rises indicate distribution.
Rapid declines but slow rises mean that market makers are 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's no volume at the top.
High trading volume at the top may indicate continued rising; but if trading volume shrinks at the top, it indicates insufficient upward momentum, so exit quickly.
4. Don't buy on high volume at the bottom; you can buy if the volume continues to increase.
High volume at the bottom may be a continuation of the decline, so observation is needed; continuous high volume indicates that funds are continuously entering, which may be a good buying opportunity.
5. Trading in cryptocurrencies is about trading emotions; consensus is reflected in trading volume.
Market sentiment determines price fluctuations, and trading volume reflects market consensus and investor behavior!
6. Nothing equals everything.
Why are you always 'washed out'? Because you didn't understand the 'intent of the main force'.
Those with execution power, lai