5 laws of cryptocurrency trading, full of practical information, share with you, hoping to help novices avoid pitfalls.

1. Fast rise and slow fall - dealers absorb funds

If you see that the market rises quickly but falls slowly, this is generally because the dealers are quietly absorbing funds and preparing for the next round of pull-ups. Don't be easily scared by small fluctuations, this may be a warm-up before a big rise.

2. Fast fall and slow rise - dealers sell

When the market falls sharply and the rise is weak, it can be basically determined that the dealers are cashing out. At this time, don't be lucky, the market may be about to turn into a downward trend.

3. Don't rush to sell at the top, shrink the volume and run fast

If the price reaches a high point and the trading volume increases, don't rush to sell, there may be further increases; but if the top volume is not obvious, leave quickly, which means that the upward momentum is insufficient and danger is approaching.

4. Be cautious when the bottom volume increases, and enter the market when the volume continues to increase

When you see the bottom volume increase, don't rush to buy, it may just be a relay in the process of decline. Wait until the volume continues to increase and confirm that funds are continuously entering before considering entering the market.

5. Cryptocurrency speculation is about emotions, and trading volume reflects consensus

The cryptocurrency circle is largely about emotions, and trading volume is the embodiment of market sentiment. Paying more attention to trading volume can better grasp market trends, and following consensus can reduce the impact of emotional fluctuations.

Although the cryptocurrency circle is full of uncertainty, it also hides opportunities. If you want to be stable in this market, you must not only understand technology, but also understand emotions, stay calm and rational, and don't be confused by short-term fluctuations. #BTC☀ #ETH🔥🔥🔥🔥 #9月美国CPI实现6连降 #加密市场反弹