I will pass on the 5 laws of cryptocurrency trading in the bull market to everyone. You can learn it. Remember!!!
1️⃣
Rapid rise and slow fall means accumulating chips
Rapid rise but slow fall means that the dealer is accumulating chips and preparing for the next round of rise.
2️⃣
Rapid fall and slow rise means selling
Rapid fall but slow rise means that the dealer is gradually selling and the market is about to enter a downward cycle.
3️⃣
Don’t sell at the top if there is a large volume, and run away if there is no volume at the top
The top trading volume is large, and it may continue to rise; but if the top trading volume shrinks, it means that the upward momentum is insufficient, and leave the market as soon as possible.
4️⃣
Don’t buy at the bottom if there is a large volume, but you can buy if the volume continues to increase
The bottom volume may be a relay of decline, which needs to be observed; continuous volume means that funds are constantly entering, and you can consider buying.
5️⃣
Coin trading is about emotions, and consensus is trading volume
Market sentiment determines currency price fluctuations, and trading volume reflects market consensus and investor behavior