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#ETH in the crypto world: 5 Laws of Cryptocurrency Trading!
1. Rapid increases and slow decreases indicate accumulation.
Rapid rise but slow fall indicates that the market makers are accumulating chips, preparing for the next round of increase.
2. A rapid decline and slow rise indicate that stock is being sold off.
A rapid decline but a slow rise indicates that the market maker is gradually selling off, and the market is about to enter a downward cycle.
3. Don't sell when there is high 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's best to exit quickly.
4. Do not buy when there is heavy volume at the bottom; you can buy when there is continuous volume.
A volume increase at the bottom may be a continuation of the downtrend, so it needs to be observed; continuous volume increase indicates that funds are continuously entering, 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 #ETH突破3000 #BTC再创新高