#ReboundRally
Temporary recovery phenomenon of the Crypto market after a strong decline. This is an opportunity for short-term investors but also comes with risks. This period is also an important milestone for investors to take profits or hold on.
*Causes*
1. Technical adjustment: Prices have dropped excessively, creating buying opportunities.
2. Positive news: Good economic, political, or company information.
3. Buying by investors: Taking advantage of low prices.
*Characteristics*
1. Temporary: Not sustainable.
2. Unclear: Difficult to predict the timing and extent of recovery.
3. Risk: Price trap (bull trap).
*How to identify*
1. Prices rise sharply but are not sustainable.
2. Trading volume increases.
3. Technical indicators show buy signals.
*Strategy*
1. Buy cautiously.
2. Set clear profit targets.
3. Manage risks.
4. Diversify the investment portfolio.
*Note*
1. Do not over-invest.
2. Monitor market information.
3. Update knowledge.
Example: Rebound Rally in the US stock market after the 2008 financial crisis.