Five iron laws of bull market speculation, remember!
1️⃣ Rapid rise and slow fall are signals of accumulation
The price of coins rises quickly and then falls slowly, which is mostly because the dealer is quietly hoarding goods and preparing for another wave.
2️⃣ Rapid fall and slow rise are signals of shipment
The price of coins falls quickly and then rebounds slowly, which may be the dealer's shipment, indicating that the market is turning bearish.
3️⃣ Don't rush to sell when the top volume is large, and don't hesitate to run fast when there is no volume
The surge in high trading volume may lead to subsequent market trends; if the trading volume shrinks, the rise will be difficult to continue, and you need to leave the market decisively.
4️⃣ Don't rush to buy when the bottom volume is large, and continue to increase the volume before entering the market
The bottom volume may not be safe, and the continuous increase in volume is the signal of a steady entry.
5️⃣ Trading volume is the weather vane of market sentiment
The rise and fall of the price of coins fluctuates with emotions, and the trading volume reflects the market consensus. Only by following the trend can you know it.
