Always Think
1. Rapid rise and slow fall indicate accumulation of stocks. A quick rise but a slow fall suggests that the big player is accumulating shares, preparing for the next round of increases.
2. Rapid fall and slow rise indicate distribution of stocks. A quick drop but a slow rise means that the big player is gradually selling off, and the market is about to enter a downtrend.
3. Do not sell at the top with high volume; run quickly if there's no volume at the top. High trading volume at the top may continue to rise; however, if the trading volume diminishes at the top, it indicates insufficient upward momentum, and one should exit as soon as possible.
4. Do not buy at the bottom with high volume; continuous high volume can indicate a buying opportunity. High volume at the bottom may be a continuation of the downtrend, requiring observation; continuous high volume indicates that funds are continually entering, which can be considered for buying.
5. Trading cryptocurrencies is about trading emotions; consensus equals trading volume. Market sentiment determines price fluctuations, and trading volume reflects market consensus and investor behavior!
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