5 Laws of Trading in the Cryptocurrency Market! Whether you are an experienced trader or a beginner, take a look to avoid taking detours!

1. Rapid rise and slow fall indicate accumulation.

A rapid increase but a slow decrease suggests that the market makers are accumulating positions in preparation for the next round of increases.

2. Rapid fall and slow rise indicate distribution.

A rapid decline but a slow increase means that the market makers are gradually selling off, and the market is about to enter a downtrend!

3. Don't sell at a volume peak, but run if there's no volume at the peak.

High trading volume at the peak may indicate further increases; however, if the trading volume at the peak shrinks, it indicates insufficient upward momentum, so exit as soon as possible.

4. Don't buy at a volume bottom, but you can buy if the volume continues to increase.

High volume at the bottom may be a continuation of the downtrend, which requires observation; continuous volume indicates ongoing capital inflow, so consider buying.

5. Trading cryptocurrencies is about trading emotions; consensus is reflected in trading volume.

Market sentiment determines cryptocurrency price fluctuations, and trading volume reflects market consensus and investor behavior!

The cryptocurrency market is full of uncertainty and challenges, but it also contains potential opportunities. Investors should fully understand the relevant risks when participating in cryptocurrency investments, remain calm and rational, and adopt a prudent strategy to respond to market changes!