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The 5 Laws of Cryptocurrency Speculation in the crypto world
1. Rising fast and falling slowly is a way of absorbing chips. Rapid rise but slow decline indicates that the market maker is accumulating chips and preparing for the next round of rise.
2. Falling fast and rising slowly means unloading. Rapid decline but slow rise means the institution is gradually selling off, and the market is about to enter a downward cycle.
3. Do not sell when there is a large volume at the top, but run quickly if there is no volume at the top. If there is a large trading volume at the top, it may continue to rise; but if the trading volume at the top shrinks, it indicates insufficient upward momentum, so exit as soon as possible.
4. If there is heavy volume at the bottom, do not buy. If there is continuous heavy volume, it may be a signal to buy, as heavy volume at the bottom could indicate a continuation of the downtrend and requires observation; continuous heavy volume indicates continuous capital inflow and can be considered for purchase.
5. Cryptocurrency Speculation is about trading emotions, consensus is determined by trading volume and market sentiment, and trading volume reflects market consensus and investor behavior! #BTC #ETH #GateioInto11