After struggling in the cryptocurrency space for eight or nine years, I have finally accumulated an eight-figure fund. Today, I want to share the experiences I have summarized over the years in a more down-to-earth way.
1. Rapid rise and slow fall means accumulation.
A rapid increase but a slow decrease indicates that the market makers are accumulating positions, preparing for the next round of price increase.
2. Rapid fall and slow rise means distribution.
A rapid decrease but a slow increase signifies that the market makers are gradually selling off, and the market is about to enter a downward cycle.
3. Do not sell at high volume at the top; run quickly if there is no volume at the top.
High trading volume at the top may indicate that prices will continue to rise; however, if the trading volume at the top shrinks, it suggests insufficient upward momentum, and you should exit as soon as possible.
4. Do not buy at high volume at the bottom; continuous volume can be bought.
High volume at the bottom may be a continuation of the downtrend and requires observation; continuous volume indicates that funds are continuously entering, and buying can be considered.
5. Trading cryptocurrencies is about trading emotions; consensus is the trading volume market sentiment.
Market sentiment determines price fluctuations, and trading volume reflects market consensus and investor behavior!
6. Nothing equals everything.
Public Account: Trend Prediction
