Five Major Rules of Cryptocurrency Trading
Market Makers' Actions: Rapid increases and slow decreases indicate market makers are accumulating; rapid decreases and slow increases indicate market makers are retreating.
Top Volume: If the volume at the top increases, don’t rush to sell; if the volume decreases, hurry to withdraw.
Bottom Volume: If the volume at the bottom initially increases, don’t rush to buy; if the volume continues, it’s time to enter the market.
Nature of the Market: Cryptocurrency trading is about emotions; volume reflects consensus and behavior.
Key Points: Control your actions and mindset, mitigate risks according to the trend, and ask others when uncertain.