Five laws, see if Yuanbao is right! Welcome to comment and discuss
1. Fast rise and slow fall means accumulation. A rapid increase but a slow decline indicates that the major player is accumulating chips, preparing for the next round of increases.
2. Fast fall and slow rise means selling. A rapid decline but a slow increase suggests that the major player is gradually selling, and the market is about to enter a downward cycle.
3. Don't sell on volume at the top; run if there's no volume at the top. High trading volume at the top may indicate further price increases; but if trading volume at the top shrinks, it indicates insufficient upward momentum, so leave as soon as possible.
4. Don't buy on volume at the bottom; sustained volume can be a buying opportunity. Volume at the bottom may be a continuation of a downtrend, requiring observation; sustained volume indicates continuous capital inflow, making it a potential buying opportunity.
5. Trading cryptocurrencies is trading emotions; consensus equals trading volume. Market emotions determine price fluctuations, and trading volume reflects market consensus and investor behavior!
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