In the cryptocurrency market, it is very important for investors to distinguish whether the main force is washing or shipping. So how to judge?
1⃣️Volume changes: When washing, the volume may decrease because the main force is controlling price fluctuations; while shipping, the volume tends to increase because the main force is actively selling.
2⃣️Price position: The main force may wash when the coin price rises by about 30% to clean up the market. If the coin price has risen sharply by more than 60%, it is more likely to be a signal of shipping.
3⃣️Time-sharing chart trend: During the wash, the time-sharing chart may fluctuate violently, reflecting that the main force is testing the market's reaction; when shipping, the time-sharing chart may appear relatively stable because the main force is stabilizing the price to promote selling.
Understanding these behavioral patterns can help make more informed decisions, but it should be noted that market conditions are complex and changeable, and these techniques cannot guarantee 100% accuracy. Market trends should be comprehensively judged by combining market analysis, technical analysis and fundamental analysis.
