The methods of trading cryptocurrencies are actually quite simple and practical. Just focus on one type of pattern, only enter the market when you see the right opportunity, and don't place orders lightly when there is no matching pattern.
1. If prices rise quickly but fall slowly, it's likely that the market makers are accumulating assets. When there is a rapid increase followed by a slow decrease, it indicates that the market makers are secretly gathering chips in preparation for the next round of price increases.
2. If prices fall quickly but rise slowly, the market makers are likely offloading their assets. A fast drop followed by a slow rise means that the market makers are gradually selling their coins, and the market may soon enter a downturn.
3. At the top, if the trading volume is high, don’t rush to sell, as there may still be room for further increases; however, if the trading volume at the top is low, it’s time to run, indicating that the upward momentum is insufficient.
4. Trading cryptocurrencies is essentially trading on people's emotions; the market consensus is often reflected in the trading volume. The highs and lows of market sentiment can directly influence the rise and fall of coin prices, while the size of the trading volume can reflect the level of recognition and investment enthusiasm for that coin.
In the cryptocurrency space, there will always be some projects that stand out due to their unique background stories and large user communities. Let's work together and hope to achieve better returns!