Five Major Rules for Cryptocurrency Trading
Institutional Movement: Quick rises and slow declines indicate accumulation by institutions; quick declines and slow rises indicate retreat by institutions.
Top Volume: Don't rush to sell when volume increases at the top; quickly withdraw when volume decreases at the top.
Bottom Volume: Don't rush to buy when volume is initially high at the bottom; you can enter when volume continues at the bottom.
Market Essence: Cryptocurrency trading is about sentiment; volume reflects consensus and behavior.
Key Points: Control your hands and mindset, avoid risks and follow the trend, and ask someone if you are unsure.