5 Laws in the Cryptocurrency Circle💫

1. 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.

2. 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 falling cycle.

3. Don’t sell at the top if there is a large volume, and run away if there is no volume at the top.

If the top volume is large, it may continue to rise; but if the top volume shrinks, it means that the upward momentum is insufficient, and leave as soon as possible.

4. Don’t buy at the bottom if there is a large volume, but you can buy if there is a continuous large volume

The bottom volume may be a relay of decline, which needs to be observed; continuous large volume means that funds are constantly entering, and you can consider buying.

5. Speculation in cryptocurrencies is speculation in emotions, and consensus is trading volume

Market sentiment determines currency price fluctuations, and trading volume reflects market consensus and investor behavior