In the digital currency market, accurately capturing the changes in volume ratio and trading volume is the winning magic weapon for short-term traders. After the token volume rises, it is often accompanied by a wash. The trading volume increases first and then decreases. The shrinking volume and stabilization at the support level is a signal of chip concentration, and the subsequent increase in volume is a good opportunity to enter the market.
Strategy to grasp the entry timing:
1. Volume ratio screening: Use the volume ratio ranking list of the trading software to select tokens with a recent decline in volume ratio but a large volume performance in the previous period, and avoid the downward channel or low trading volume tokens.
2. Circulation volume and turnover rate: Select tokens with moderate circulation volume and low turnover rate in recent times. Such tokens have less market speculation and greater potential.
3. Technical analysis: Combined with technical indicators such as K-line charts and moving average systems, such as the 5-day moving average crossing the 10-day moving average to form a golden cross, confirm that the token has stabilized and is ready to rise.
4. Project fundamentals: Understand the project behind the token, including the team, technology and application prospects, to fully evaluate its value and risk.
Comprehensive strategy and mentality:
Successful use of the above strategies requires comprehensive consideration of technical aspects, market trends and project fundamentals. At the same time, keep a calm mind, do not be affected by short-term fluctuations, and establish a strict risk management mechanism. The market is changing rapidly, and continuous learning and flexible response are the key.
Remember that the digital currency market is full of opportunities and risks, and there is no absolute safe haven. By accurately grasping the changes in volume ratio and trading volume, combined with comprehensive market analysis and strict risk control, traders can move forward steadily in this challenging market and maximize their profits. $BTC $ETH #DODO助力Meme发行 #币安上线CATI #BNBChain与Telegram集成 #加密市场反弹 #美联储宣布降息50个基点