When trading coins in a bull market, you have to remember these five market rules.
Rises quickly and falls slowly, the dealer may be secretly accumulating
When the coin price is rising rapidly, but falls slowly, it is likely that the dealer is quietly gathering chips, preparing for another big surge.
Falls quickly and rises slowly, the dealer may be secretly unloading
Conversely, if the coin price suddenly drops sharply but rises back slowly, then the dealer may be slowly selling off their chips, and the market may be entering a downtrend.
High trading volume at the top, don’t rush to sell; low trading volume at the top, run fast
When the price reaches its peak, if the trading volume is still high, there may still be potential, and the price may continue to rise; but if the trading volume suddenly decreases, be careful, the upward momentum may be running out, and it’s time to withdraw quickly.
High trading volume at the bottom, don’t rush to buy; sustained high trading volume, you can buy
At the price low point, if the trading volume suddenly increases, don’t rush to buy, as this may still be a signal of decline, so you need to observe further; but if the trading volume remains high, it indicates that funds are continuously flowing in, and it’s time to consider buying.
Trading coins is about trading everyone's emotions, consensus is everyone buying and selling together
The essence of trading coins is to trade everyone's emotions; when the mood is good, prices rise, and when the mood is bad, prices fall. Trading volume reflects everyone's emotions and is a direct manifestation of buying and selling behavior. Therefore, to understand the market, one must grasp everyone's consensus and emotions.
In the coin circle, if you don’t have a good circle and no first-hand news, then I suggest you follow me. Brother Pao is waiting for you in the circle, ready to help you make a profit, welcome to join the team!!!💵🔥
