5 laws you should know in the cryptocurrency circle
1. If the price rises quickly but falls slowly, it means that the dealer is accumulating chips and preparing for the next round of rise.
2. If the price falls quickly but rises slowly, it means that the dealer is gradually selling.
If the price falls quickly but rises slowly, it means that the dealer is gradually selling and the market is about to enter a falling cycle.
3. Don’t sell if the price is high at the top, and run away if the price is low at the top.
If the price is high at the top, it may continue to rise; but if the price is low at the top, it means that the momentum of the rise is insufficient, so leave the market as soon as possible.
4. Don’t buy if the price is high at the bottom, but buy if the price continues to rise
The price at the bottom may be a relay of the decline, which needs to be observed; if the price continues to rise, it means that funds are constantly entering, so you can consider buying.
5. Speculating on cryptocurrency is about sentiment, and consensus is about trading volume
Market sentiment determines the price fluctuations, and trading volume reflects market consensus and investor behavior! #杰克逊霍尔年会 #BTC