Grasp these 3 key points in cryptocurrency trading to significantly increase your winning rate! 💹 💹 💹
1️⃣ News
Who is financing, who is reducing production, who has project updates, and who has celebrity endorsements, these are all absolutely positive news!
2️⃣ Technical Analysis
In technical analysis, the focus is on the relationship between volume and price. The contraction and expansion at the top and bottom, whether it's consolidation or fluctuation, have an objective and clear indication of the future trend of the cryptocurrency. Indicators provided by platforms like MACD and KDJ generally have a lagging nature and should only be used as a reference!
3️⃣ Mindset
A stable mindset is crucial in practical operations. Many times, it's not that you don't have information or can't analyze the technicals, but it's the mentality of chasing highs and cutting losses that puts you in a passive position!