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With the altcoin pumping like this, I feel like there's no FOMO in the market at all; most people have already been tormented to the point where their eyes have lost their light.
1. A rapid rise and a slow fall indicate Accumulation.
A quick increase but a slow decrease suggests that the market maker is accumulating chips, preparing for the next round of pump.
2. A rapid fall and a slow rise indicate dumping.
A swift drop but a slow increase means that the market maker is gradually selling off, and the market is about to enter a downward correction.
3. Don't sell at the top with higher trade volumes; run quickly if there's no volume at the top.
High Trading Volume at the top may indicate continued pump; however, if Trading Volume at the top shrinks, it indicates insufficient upward momentum, so exit as soon as possible.
4. Don't buy at the bottom with higher trade volumes; you can buy when there's continuous higher trade volumes.
Higher trade volumes at the bottom may indicate a downward correction, so observation is needed; continuous higher trade volumes suggest that funds are continuously entering, which may be a buying opportunity.
5. Cryptocurrency Trading is about trading emotions; consensus is reflected in Trading Volume.
Market emotions determine the fluctuation of coin prices, and Trading Volume reflects market consensus and investor behavior!
6. Nothing equals everything #ETH突破3000# #BTC再创新高#