Remember the 5 laws of cryptocurrency trading in a bull market!
1. Rapid rise and slow fall are accumulation of chips
Rapid rise, but slow fall, means that big funds are quietly accumulating chips and preparing for the next wave of rise.
2. Rapid fall and slow rise are shipment
Rapid fall and slow rebound means that the dealer is quietly shipping, and the market may enter a downward cycle.
3. Don't rush to sell at the top, and run away at the top without volume
The top has a large volume, which may continue to rise; if the volume shrinks, it means that the upward momentum is insufficient, and you should retreat in time.
4. Don't buy at the bottom, continuous volume is the opportunity
The bottom volume may be a relay of decline; but if it continues to increase, funds will flow in, which is a buying signal.
5. Coin trading is about emotions, and consensus is trading volume
Market sentiment leads to price fluctuations, and trading volume represents market consensus and reflects the actions of investors.