To navigate the cryptocurrency market with ease, investors need to have the ability to discern whether the main force is making adjustments or secretly shipping. Here are some practical analysis tips:
Pay attention to changes in trading volume: Subtle changes in trading volume can reveal the main strategy. If the trading volume decreases significantly, it may mean that the main force is carrying out a washout, with the purpose of clearing unstable chips in the market and preparing for future price increases. On the contrary, if trading volume suddenly increases significantly, this may be a sign that the main force is shipping on a large scale, indicating that they may be looking to cash out.
Analyze currency price trends: When the main force promotes price increases, they usually perform a washout after the increase reaches about 30% to consolidate the increase and attract more investors to follow suit. However, if the currency price rises by more than 60%, investors should be more vigilant, because this may be a signal that the main force is preparing to ship, and they may be looking to lock in profits at a high level.
Study the fluctuations of time-sharing charts: The fluctuations of time-sharing charts can also reflect the intentions of the main force. During the washout stage, the time-sharing chart may fluctuate violently, with frequent and large price fluctuations, creating a sense of market instability and forcing unstable investors to exit. During the shipping stage, the time-sharing chart may be more stable and the price fluctuations will be reduced, because the main force will work hard to keep the price stable in order to ship smoothly.
In summary, mastering these techniques is crucial to maintain stability in the cryptocurrency market and avoid being manipulated by major players. These details may play an important role at critical moments, helping investors protect their investment results and achieve steady growth of assets.
