A Comprehensive Guide to the King of Indicators: How to Avoid the Main Force's Wash-Out and Ride the Main Rising Wave Train 'Collectible Knowledge'
1️⃣Before the coin price enters the main rising wave, the main force often cleans up floating funds through wash-outs to reduce the cost of raising prices. Common wash-out methods include:
🟧Suppression wash-out
The main force quickly drives the coin price down by selling some of their chips, creating a panic atmosphere. In this method, the coin price may experience significant declines in a short period of time, causing some investors to mistakenly believe that the market has reversed, leading them to sell their valuable coins.
🟧Horizontal oscillation wash-out
The main force allows the coin price to oscillate for a long time within a relatively narrow range, wearing down investors' patience. Investors holding the coin may choose to sell it to seek other investment opportunities if they see the coin price does not rise for a long time.