The 5 Rules of Cryptocurrency Trading in the Crypto World, Recommended to Save!
1. Rapid Rise and Slow Fall Indicates Accumulation: - Quick increase but slow decrease suggests that the market maker is accumulating positions in preparation for the next rally. 2. Rapid Fall and Slow Rise Indicates Distribution: - Fast decline but slow recovery means the market maker is gradually selling off, and a downtrend is imminent. 3. Don't Sell at a Volume Spike at the Top, Run if No Volume: - Large volume at the top may still lead to further gains; but if volume diminishes at the top, it indicates weakening momentum, and you should exit quickly. 4. Don't Buy at a Volume Spike at the Bottom, Continuous Volume Increase is a Buy Signal: - Volume increase at the bottom may be a sign of a correction; observe carefully. Continuous volume growth indicates ongoing capital inflow, consider buying. 5. Trading Crypto is Trading Emotions, Consensus is Volume: - Market sentiment drives price fluctuations, and trading volume reflects market consensus and investor behavior.$BTC
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The 5 Rules of Cryptocurrency Trading in the Crypto World, Recommended to Save!
1. Rapid Rise and Slow Fall Indicates Accumulation:
- Quick increase but slow decrease suggests that the market maker is accumulating positions in preparation for the next rally.
2. Rapid Fall and Slow Rise Indicates Distribution:
- Fast decline but slow recovery means the market maker is gradually selling off, and a downtrend is imminent.
3. Don't Sell at a Volume Spike at the Top, Run if No Volume:
- Large volume at the top may still lead to further gains; but if volume diminishes at the top, it indicates weakening momentum, and you should exit quickly.
4. Don't Buy at a Volume Spike at the Bottom, Continuous Volume Increase is a Buy Signal:
- Volume increase at the bottom may be a sign of a correction; observe carefully. Continuous volume growth indicates ongoing capital inflow, consider buying.
5. Trading Crypto is Trading Emotions, Consensus is Volume:
- Market sentiment drives price fluctuations, and trading volume reflects market consensus and investor behavior.$BTC