If the coin price is soaring up and then slowly drops, it usually means the big players are secretly buying up, preparing for another big move. At this time, don’t let the rising trend get to your head; the big players haven’t finished yet, and there’s still profit to be made.
Conversely, if the coin price is plummeting and it's rising back up like a snail, it might mean the big players are quietly unloading, and the market may be about to turn bearish. At this point, be clever and pull out quickly to avoid being trapped.
When the price is high and the trading volume is still increasing, don’t rush to sell; there might still be a wave of action coming. However, if the trading volume shrinks to a line, it’s time to run, as this indicates that the price can’t rise anymore and market enthusiasm is fading fast.
At the bottom, if the trading volume suddenly spikes, don’t rush to buy; that might just be a brief pause in the downward trend, with big players trying to bait traders. If the trading volume steadily increases, then it’s worth our attention; that would be a true reversal signal.
Trading coins is all about people's sentiment; the trading volume reflects everyone’s attitude. The coin price fluctuates, all driven by market emotions. Trading volume is the manifestation of a unified thought among traders, and following the trading volume gives us confidence.
