There are patterns in the rise and fall of the cryptocurrency market; learn the tricks from the big players!
【1】Rises quickly, falls slowly, the big players are quietly accumulating
If you notice that the price of a coin is soaring up quickly but falls slowly, it is likely that the big players are buying in at low prices. They deliberately suppress the price to let it fall slowly, causing retail investors to panic and sell off, allowing them to pick up bargains.
【2】Falls quickly, rises slowly, be careful of the big players dumping
If the price suddenly plummets and then rises like a snail, it is likely that the big players are secretly offloading at high prices. They allow the price to rise slowly, giving retail investors hope to sell off their holdings. At this point, you should stay alert; a bear market may be coming!
【3】Don’t panic sell when there’s high volume at a peak, but run if the volume shrinks
When the price of a coin reaches a peak and the trading volume is still rising, it indicates that there is still vitality in the market, so there’s no need to rush to sell. But if the trading volume is weak and shrinks to a line, that means the market is cooling off, so it’s time to withdraw.
【4】Don’t rush to buy when there’s high volume at the bottom; steadily increasing volume is the real opportunity
If the trading volume suddenly spikes at the bottom, it may just be a trick by the big players to clear their inventory, so don’t act impulsively. But if the trading volume increases steadily, it indicates that someone is quietly accumulating positions, and it’s time to consider entering the market.
In summary: The rise and fall follow certain rules; following the big players is the way to win steadily!