In the cryptocurrency world, if you don't understand the key points of main players' shakeouts and distribution, you'll find it difficult to make money in the crypto space. Here are some key tips: 1- Monitor trading volume: During shakeouts, trading volume usually shrinks, while during distribution, it tends to increase. 2- Pay attention to the price position: Main players typically perform shakeouts when the price rises about 30%, and when the increase exceeds 60%, caution is needed for potential distribution. 3- Analyze intraday charts: During shakeouts, intraday charts often show sharp fluctuations, whereas during distribution, they tend to be relatively stable. Currently, the market trends of altcoins vary, and the timing of entering the bottom consolidation phase of each cycle differs. Which altcoin to buy at the bottom and how to judge if it has entered its own bottom depends on personal choice and judgment. When the market approaches the end of the bottom phase, there's no need to pursue perfect accuracy. A vague but correct direction is often more valuable than short-term precision. Courageously buying at relatively low levels and confidently selling at relatively high levels is the path to success. In the crypto world, if you don't understand the key points of main players' shakeouts and distribution, you'll find it difficult to make money. Here are some key tips: 1- Monitor trading volume: During shakeouts, trading volume usually shrinks, while during distribution, it tends to increase. 2- Pay attention to the price position: Main players typically perform shakeouts when the price rises about 30%, and when the increase exceeds 60%, caution is needed for potential distribution. 3- Analyze intraday charts: During shakeouts, intraday charts often show sharp fluctuations, whereas during distribution, they tend to be relatively stable. Currently, the market trends of altcoins vary, and the timing of entering the bottom consolidation phase of each cycle differs. Which altcoin to buy at the bottom and how to judge if it has entered its own bottom depends on personal choice and judgment. When the market approaches the end of the bottom phase, there's no need to pursue perfect accuracy. A vague but correct direction is often more valuable than short-term precision. Courageously buying at relatively low levels and confidently selling at relatively high levels is the path to success.
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WalkingAloneInSolitude,Feeling
· 9h ago
Hold on tight, we're about to take off 🛫
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WalkingAloneInSolitude,Feeling
· 9h ago
New Year Wealth Explosion 🤑
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WalkingAloneInSolitude,Feeling
· 9h ago
Hold on tight, we're about to take off 🛫
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SailorSamba
· 18h ago
In the past three years, AI has looked at NVIDIA; in the next three years, AI will look at Google!
#我在Gate广场过新年
In the cryptocurrency world, if you don't understand the key points of main players' shakeouts and distribution, you'll find it difficult to make money in the crypto space.
Here are some key tips:
1- Monitor trading volume: During shakeouts, trading volume usually shrinks, while during distribution, it tends to increase.
2- Pay attention to the price position: Main players typically perform shakeouts when the price rises about 30%, and when the increase exceeds 60%, caution is needed for potential distribution.
3- Analyze intraday charts: During shakeouts, intraday charts often show sharp fluctuations, whereas during distribution, they tend to be relatively stable.
Currently, the market trends of altcoins vary, and the timing of entering the bottom consolidation phase of each cycle differs. Which altcoin to buy at the bottom and how to judge if it has entered its own bottom depends on personal choice and judgment.
When the market approaches the end of the bottom phase, there's no need to pursue perfect accuracy. A vague but correct direction is often more valuable than short-term precision. Courageously buying at relatively low levels and confidently selling at relatively high levels is the path to success. In the crypto world, if you don't understand the key points of main players' shakeouts and distribution, you'll find it difficult to make money.
Here are some key tips:
1- Monitor trading volume: During shakeouts, trading volume usually shrinks, while during distribution, it tends to increase.
2- Pay attention to the price position: Main players typically perform shakeouts when the price rises about 30%, and when the increase exceeds 60%, caution is needed for potential distribution.
3- Analyze intraday charts: During shakeouts, intraday charts often show sharp fluctuations, whereas during distribution, they tend to be relatively stable.
Currently, the market trends of altcoins vary, and the timing of entering the bottom consolidation phase of each cycle differs. Which altcoin to buy at the bottom and how to judge if it has entered its own bottom depends on personal choice and judgment.
When the market approaches the end of the bottom phase, there's no need to pursue perfect accuracy. A vague but correct direction is often more valuable than short-term precision. Courageously buying at relatively low levels and confidently selling at relatively high levels is the path to success.