5 Laws of Trading in the Cryptocurrency Market
1. Fast Rise and Slow Fall Means Accumulation. A rapid increase followed by a slow decrease indicates that the market makers are accumulating positions in preparation for the next rally.
2. Fast Fall and Slow Rise Means Distribution. A rapid decline followed by a slow increase suggests that the market makers are gradually selling off their positions, indicating that the market is about to enter a downtrend.
3. Don't Sell on High Volume at the Top, Run if There's No Volume at the Top. High trading volume at the peak may indicate further increases; however, if the volume diminishes at the top, it shows a lack of upward momentum, and it's best to exit quickly.
4. Don't Buy on High Volume at the Bottom, but You Can Buy if Volume Continues. High volume at the bottom may indicate a continuation of a downtrend, requiring observation; however, if the volume continues, it shows that funds are entering the market, making it a potential buy signal.
5. Trading Cryptocurrency is Trading Emotion; Consensus is Trading Volume. Market sentiment determines price volatility, while trading volume reflects market consensus and investor behavior! #比特币市场波动观察 #市场调整後的机会? #加密市场盘整