Be sure to avoid holding orders!
Looking at the 1-hour chart of ACT, you can see that its price has dropped sharply from 0.95 to 0.54, a drop of 43.16%.
However, to return to the previous high, it requires a 75.93% increase.
This asymmetric relationship between rise and fall deeply reveals the core logic of the trading process:
It is easy for prices to fall, but it is difficult to rise again, and the increase required is far greater than the decline.
In the market, price declines often only require emotional selling by investors or the influence of local adverse news.
But on the contrary, the recovery of prices must rely on stronger capital inflows and the full recovery of market confidence, and the achievement of both usually takes a lot of time and has to wait for the right opportunity to appear.
As a senior cryptocurrency investor, I would like to share my experience and insights. Are you interested in the cryptocurrency circle but don't know where to start? Click on the avatar to see the introduction of the cooking industry and witness the moment of miracle