🔥Must Read! Five Golden Rules of Cryptocurrency Trading

1. Fast Rise, Slow Fall, Whales Accumulating

• If the price of a coin rises quickly and pulls back slowly, it indicates that whales may be accumulating, preparing for the next surge.

2. Fast Fall, Slow Rise, Whales Offloading

• A rapid decline followed by a slow rebound often indicates that whales are offloading in batches, and the market may enter a downward phase.

3. Top Volume Patterns

• High Volume, Don't Rush to Sell: Increased volume at the peak may still have room for further increases.

• Low Volume, Quick Exit: If the trading volume at the peak begins to decrease, indicating weakness, one should decisively exit.

4. Bottom Volume Patterns

• Caution with Sudden High Volume: A sudden spike in trading volume at the bottom may be a false rebound.

• Sustained High Volume, Consider Buying: If trading volume continues to increase at the bottom, it may signal a reversal.

5. Trading Cryptocurrency is Trading Human Emotion

• The rise and fall of coin prices reflect market sentiment and consensus, while trading volume is a key indicator for assessing changes in sentiment.

Recently planning to position in a potential coin, targeting a doubling start, with expected growth possibly exceeding 10 times. If interested, feel free to discuss in the comments!#XRP市值重回第三 #Layer1公链普涨 $XRP

$