The Five Iron Rules of Cryptocurrency Trading Bull Market, You Must Remember!
First Rule, if you see the coin price soaring up while it falls slowly like a snail, don't hesitate, someone is definitely quietly accumulating behind the scenes! They want to buy more at low prices to lay the foundation for future surges. So, when you encounter this situation, you better open your eyes wide; the opportunity might be right in front of you.
Second Rule, conversely, if the coin price is plummeting while it rises sluggishly, you must be careful, this is likely the big players quietly selling off. They want to sell all their chips at high prices, and the market might soon be heading downhill. At this time, don't be foolishly thinking of bottom fishing; it's wise to withdraw quickly.
Third Rule, if the market reaches a high point with particularly large trading volume, don't rush to sell just yet. Because the market might still have the strength to rise further. However, if the trading volume suddenly decreases, you need to retreat quickly. This indicates that the market no longer has the strength to rise, and if you don't leave now, you might get stuck.
Fourth Rule, when the market hits a low point and the trading volume suddenly increases, don't get too excited and rush in. This could just be a small rebound in the downward process. You need to wait and see; if the trading volume remains high and funds keep flowing in, that will be your good time to act.
Fifth Rule, after all, trading cryptocurrency is really about trading people's hearts. When everyone's thoughts and efforts align, the coin price can rise. This “alignment of thoughts” can be observed through trading volume in the stock market. A large trading volume indicates that everyone is in agreement, either buying or selling; a small trading volume means that people are uncertain and just watching.
Click on the avatar to follow me, I will share bull market strategies for free, various contract and spot price references, be my fan, and I will lead you to shore; you just need to relax.