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Mastering PVP: The key to improving transaction efficiency
In the cryptocurrency market, understanding the volume distribution is a crucial part of the trading strategy. The Periodic Volume Profile (PVP) provides you with an important tool for efficient market analysis, helping you make more accurate decisions in trading. What is PVP? PVP is a volume distribution chart based on a fixed time frame, which shows the volume of the market in different price areas. By observing these distributions, traders can clearly see at which price points there is a lot of buying and selling activity in the market, and then determine the support and resistance of these price areas.
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