To buy at the bottom or sell at the top in the cryptocurrency market, there are four key points to pay attention to:
If the price of a coin drops slightly during the rise, but the trading volume does not change, it will probably continue to rise. But if the price hits a new high, but the trading volume decreases, be careful, it may be a signal of reaching the top.
If the price of a coin is just sideways when it is very low, don't rush to buy it. Wait for it to fall to a new low, and then rebound quickly to cover the previous drop, then it is a good time to buy.
If a coin has been sideways at the bottom for a long time, and then it suddenly rises for a few days, breaking through the previous sideways range, and then falls back, or even falls below the sideways range, then when it starts again, there may be a larger wave of gains.
If a coin starts to sideways after hitting a new high, and then rises slightly several times, but also falls back several times, be careful at this time, it may be a signal of inducing more, and pay attention to risks.
Remember to set the entry and stop loss positions, don't get stuck
