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#ETH# 's 5 laws of Cryptocurrency Trading in the crypto world!
1. Rising quickly and falling slowly is a way of accumulating coins.
A quick rise but a slow fall indicates that the market makers are accumulating chips, preparing for the next round of increases.
2. Falling fast and rising slowly indicates that goods are being sold.
A rapid decline followed by a slow rise indicates that the market makers are gradually selling off, and the market is about to enter a downward cycle.
3. Don't sell when there is volume at the top, run quickly when there is no volume at the top.
High trading volume at the top may continue to rise; however, if the trading volume at the top shrinks, it indicates insufficient upward momentum, and it is advisable to exit as soon as possible.
4. Don't buy when there is volume at the bottom; you can buy when there is continuous volume.
A volume spike at the bottom may indicate a continuation of the decline, which needs to be observed; continuous volume indicates that funds are constantly entering, and buying can be considered.
5. Cryptocurrency Trading is about trading emotions, and consensus is the transaction volume.
Market sentiment determines coin price fluctuations, and trading volume reflects market consensus and investor behavior!
6. Nothing equals everything #ETH突破3000# #BTC再创新高#