Many people in the crypto world lose big money, not because they bought the wrong coin, but because they mistook distribution for a washout.

A couple of days ago, a follower asked me, a coin dropped from 3U to 1.8U, can he add to his position?

I glanced at the chart and told him directly, don't think about bottom-fishing yet, first check if the whales are still there.$HYPE

Many people have this habit—anytime the price drops, they think it's an opportunity.

A 20% drop is a washout, a 40% drop is a golden pit, and even when it's halved, they still think the whales are just trying to scare people. In the end, the more they add, the more they get trapped, until they just give up and don't even want to open the app anymore.

Actually, the difference between a washout and distribution is not that mystical.$SYN

In a real washout, the volume shrinks during the decline, key support levels aren't easily broken, and the chips are still held tightly by the whales.

Distribution is different. At the top, the trading volume keeps increasing, but the price just can't go up. Once the chips are mostly distributed, a single bearish candle directly smashes through the support level.

The worst part is that in the middle, they'll give you a bounce, making you think "Hey, it's back," and many people start adding positions at this point, then the bounce ends and it keeps going down.

Now my chart-reading rule is just one thing:

If it drops with shrinking volume and support is still there, then take a second look. If it drops with increasing volume and support is gone, don't lie to yourself that you're getting a bargain.

Remember this: a washout is to push higher, distribution is to sell to you.

Many people don't lose to the market, they lose to the three words "what if."

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