Five laws are summarized, all of which are practical. I hope they can help novices and help you avoid detours! ! !
1⃣ Rapid rise and slow fall indicate that the market is accumulating chips and rising rapidly, but the decline is relatively slow, which means that the dealer is accumulating chips and preparing for the next round of rise.
2⃣ Rapid fall and slow rise means that the market is falling rapidly but rising slowly, which means that the dealer is gradually selling the chips in his hands, and the market is about to enter a falling cycle.
3⃣ Don't rush to sell when the top volume is large, and quickly sell when there is no volume at the top. If the top volume is large, it may continue to rise; but if the top volume shrinks, it means that the momentum of the rise is insufficient, and you have to leave as soon as possible.
4⃣ Don't buy when the bottom volume is large, and consider buying when the volume continues to increase. The bottom volume may be the relay stage of the decline, which requires further observation; if the volume continues to increase, it means that funds are constantly entering, and you can consider buying.
Speculating on cryptocurrencies is actually speculating on emotions, and consensus is reflected in trading volume. Market sentiment determines the fluctuation of currency prices, and trading volume reflects the market consensus and investor behavior!