Sharing some knowledge about the cryptocurrency world:
1. Fast rise, slow fall = Accumulation
If the price of a coin rises rapidly but falls slowly, it may indicate that the market maker is quietly accumulating chips in preparation for the next price surge.
2. Fast fall, slow rise = Distribution
A rapid decline followed by a slow increase usually indicates that the market maker is gradually distributing their holdings, and the market may enter a downward trend.
3. Don't panic when there's volume at the top, run fast when there's no volume at the top
When trading volume increases at a high price level, the price may continue to rise; conversely, when trading volume decreases, it indicates weakness in the upward movement, and one should exit quickly.
4. Don't rush to buy when there's volume at the bottom, consider it only when there is sustained volume
Volume at the bottom may just be a signal of a temporary pullback; it should primarily be observed. If there is sustained volume, it indicates capital inflow, and one may consider buying at a low.
5. Trading coins = trading emotions, emotions determine consensus
Market sentiment can affect the volatility of coin prices, and trading volume directly reflects the degree of market consensus.