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#IGT# The 5 Laws of Cryptocurrency Trading in the crypto world!
1. A fast rise and a slow fall signify accumulation.
Rapid rise but slow decline indicates that the market makers are accumulating chips, preparing for the next round of rise.
2. Falling quickly and rising slowly is just unloading.
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's volume at the top, run quickly when there's 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, so exit as soon as possible.
4. Don't buy when there is volume at the bottom, you can buy when there is continuous volume.
Increased volume at the bottom may indicate a downward continuation, which needs to be monitored; sustained volume suggests continuous capital inflow, and buying can be considered.
5. Cryptocurrency Trading is about trading emotions, and consensus is about trading volume.
Market sentiment determines coin price fluctuations, and trading volume reflects market consensus and investor behavior!
6. Nothing equals everything