The movement of ASTER last night can be described as a textbook-level reversal - returning to the starting point overnight. Some traders seized this shorting opportunity, with their accounts going from 2000U directly to 45000U, achieving a 22-fold return.



This kind of market trend can actually be traced. When a certain project is heavily promoted by influential figures, it often attracts a large number of retail investors to take over. Experienced traders understand that at this time, what to look at is not the volume of promotions, but the signals from the market - when funds are escaping at high levels, the trading volume will significantly shrink, and when the price cannot rise, it is a sign that a peak is forming.

Volume contraction and stagnation, these four words are worth pondering repeatedly. When the market struggles to rise and buying pressure is exhausted, the shorting opportunities arise. However, to be fair, it's difficult for inexperienced individuals to determine where the true peak is, and by the time they realize it, they often have already been liquidated.

Similar opportunities will repeatedly appear in the market; the key is to learn to identify the flow of funds and the relationship between volume and price. #参与创作者认证计划月领$10,000
ASTER13.17%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)