Five iron laws of cryptocurrency trading in a bull market, remember them!
If the price rises quickly but falls slowly, it means that the market makers are quietly hoarding stocks and preparing for another wave.
If the price falls quickly but rises slowly, it means that the market makers are quietly selling stocks and the market is about to turn bearish.
Don't rush to sell when the volume is large at the top, and don't hesitate to run fast when there is no volume.
If the volume is still rising at a high level, don't rush, there may be a chance; but if the volume shrinks into a line, then withdraw quickly, it will not rise anymore.
If the volume is large at the bottom, don't move first, and continue to increase the volume before selling.
If the volume suddenly increases at the bottom, don't rush to buy, it may be a short break on the way down; if the volume has been steadily increasing, then it is worth considering entering the market.
What is being speculated in cryptocurrencies is people’s hearts, and trading volume is everyone’s attitude. The price of cryptocurrencies goes up and down, all driven by market sentiment; trading volume is the reflection of everyone’s consistent thinking. Follow it and you will have peace of mind.