The fluctuations in cryptocurrency prices have their secrets; you must guess the dealer's intentions.
If the price of the currency rises rapidly but falls slowly, it often indicates that the dealer is secretly collecting chips, preparing to pull off another big trend. They want to buy in low, so they deliberately let the price drop slowly to make retail investors anxious to sell, allowing them to pick up bargains.
Conversely, if the price of the currency falls rapidly but climbs back slowly like a snail, you should be cautious; this could mean the dealer is quietly unloading, and the market may be turning bearish. They want to sell high, so they intentionally let the price rise slowly, making retail investors believe there is still hope and continue to hold, giving them the opportunity to unload.
At high levels, if the trading volume is still rising rapidly, don't rush to sell; there may still be another wave of trends. Because the increase in trading volume indicates that there are still active trades, and the market remains vibrant. However, if the trading volume shrinks to a line, you need to pull back quickly, as the decrease in trading volume suggests that no one is trading anymore, and the market cannot move up.
At the bottom, if the trading volume suddenly expands, don’t rush to buy; this could be a brief pause during a downtrend, and the dealer may still be unloading. But if the trading volume continues to rise steadily, you should consider entering the market, as this indicates that someone is actively buying, and the market may be reversing soon.
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