Five key points to know about cryptocurrency trading:
1. Fast rise and slow fall = accumulation: A rapid increase in coin price and a slow decrease may indicate that the big players are accumulating positions in preparation for a rise.
2. Fast fall and slow rise = distribution: A quick decline and a slow increase indicate that the big players are distributing their holdings, and the market may enter a downtrend.
3. Don't panic when there's volume at the top, run fast when there's no volume at the top: High volume at a peak may continue to rise; if volume decreases, it indicates weakness in the uptrend, and one should exit quickly.
4. Don't rush to buy when there's volume at the bottom; consider continuous volume: Volume at the bottom may indicate a continuation of the downtrend; observe first; continuous volume may present a buying opportunity.
5. Trading cryptocurrencies = trading emotions: Market sentiment drives price fluctuations, and trading volume reflects consensus.
