8 Practical Work Tips:

1. Buy horizontally, buy dips, don’t buy vertically; the selling point is when the market is bustling. • This means: Buy when the coin price is stable or slightly retracing, and avoid blindly chasing highs when the price is rising sharply. When the market sentiment reaches its peak and the crowd is bustling, it is often a good time to sell.
2. Continuous small increases indicate a real rise; continuous large increases mean it's time to exit. • If the price of a coin rises slightly and continuously, it is likely a genuine upward trend. However, if there are consecutive large increases, caution is warranted as it may signal an impending bubble burst; at this point, it's best to exit and observe.
3. A significant surge requires a pullback; do not buy heavily without digging deep • When the price of a coin suddenly rises sharply, there is often a demand for a pullback. If this pullback is not deep, then do not easily buy in. The real buying opportunities often appear after the price has undergone a deep pullback.
4. When the main rise accelerates, it is time to see the peak; sell quickly during a sharp drop and sell slowly during a gradual rise. When the price of the coin accelerates during the main rising phase, it often indicates that the peak is approaching. At this time, if the price drops rapidly, one should sell quickly; if the price only rises slowly, then one can sell gradually.
5. A sharp drop with low volume is intimidation; a gradual drop with increasing volume means to withdraw quickly. If the price of a coin suddenly drops significantly but the trading volume is low, this may be a form of market intimidation. However, if the price is slowly decreasing but the trading volume is increasing, then caution is advised.
6. When the price breaks through the lifeline, don't hesitate to swing trade. The lifeline usually refers to some important technical indicator lines or moving averages. If the coin price breaks through these lifelines and continues to rise, then don't hesitate, decisively engage in swing trading.
7. Pay close attention to the daily and monthly charts, and build your positions following the main players. The daily and monthly charts are important tools for observing market trends. By carefully analyzing these charts, you can better grasp the main players and trends in the market, thereby establishing your own positions.
8. If the price of the coin is rising without significant volume, do not stand guard against the main forces inducing more buying. If the trading volume does not significantly increase during the price rise, it may indicate that the main forces are inducing more buying. #交易#