1. Judging the trend of rise and fall based on trading volume


  • When there is a pullback during a rise: If the price of the currency experiences a pullback during an upward trend, and the trading volume does not significantly decrease, it indicates that market enthusiasm remains high, and the price is likely to continue rising.

  • When reaching a new high: If the price of the currency reaches a new high but the trading volume decreases, this situation requires extra attention, as it may indicate that the price is about to peak and the market is about to reverse.

2. Key points for operations when hovering at the bottom


  • When hovering for a long time: If the price of the currency hovers and fluctuates at a low price for an extended period, do not rush to buy. Observe its subsequent trends to see if it will further dip to a lower price before quickly rebounding. Once this reversal trend is established, it signifies a good buying opportunity.

  • When first surging and then retreating: When the price of the currency has been oscillating at the bottom for a long time, and suddenly one day it surges significantly, then falls back to its original position, do not rush to act. Wait for it to make another attempt; if it successfully surges again, it likely means that the price is truly about to enter a significant upward trend, and the subsequent increase may be considerable.

3. Risk alert during sideways movement after a rise


When the currency price rises steadily and enters a sideways phase, showing continuous small fluctuations, it is crucial to remain vigilant. This situation may be a deliberately created illusion of stability by the market, aiming to lure investors in, while in reality, the risks are quietly accumulating. In this case, remember to set stop-loss points in advance to avoid being deeply trapped if the market reverses.

4. General principles


Whenever trading, it is essential to determine buying points, selling points, and stop-loss lines in advance. This is key to safeguarding your assets and avoiding significant losses, as well as an important principle for protecting your 'wallet' in cryptocurrency trading.
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