Rocket-like rise, leisurely drop
This often means that the big players are quietly hoarding. The price of the coin suddenly shoots up, and then leisurely comes back down, indicating that the big players are preparing for the next big surge, quietly collecting chips.
Diving-like drop, snail-like recovery
Be careful with this, as it could mean that the big players are quietly selling off. The price of the coin suddenly crashes down, and then slowly crawls back up like a snail, indicating that the big players may be gradually retreating, and the market may be entering a downward mode.
Many people at the peak vs. few people at the peak
When you reach the peak, if you see high trading volume, don’t rush to run, because this might not be the peak yet, and the price may continue to surge. But if the trading volume shrinks, then you should quickly retreat, as this indicates that the upward momentum is running out.
Many people at the foot of the mountain vs. continuous influx of people
At the foot of the mountain, if a sudden group of people arrives (pure volume increase), it may just be a little pause on the way down, so don’t rush to get on board. Only when you see people continuously arriving (sustained volume increase) does it indicate that funds are continuously flowing in, at which point you can consider buying in.
Market sentiment and trading activity
When trading coins, what you are really trading is everyone’s mood. When everyone’s mood is in agreement (market consensus), it reflects in the level of trading activity (trading volume). As moods fluctuate, coin prices also go up and down. The size of the trading volume is a true reflection of everyone’s thoughts.
Recently, I plan to ambush a potential coin that is ready to explode, doubling it is quite simple, and I also plan to find some potential coins to hold until the end of the year, with an expected return of over 10 times being quite feasible. If you want to follow my moves, leave a message, follow, like, and join my group.