In the cryptocurrency market, the main rise trend often exhibits the characteristics of a V-shaped reversal. This reversal pattern may initially appear weak on the daily chart or three-day chart, but its subsequent explosive potential should not be underestimated. It is worth noting that it is unwise to judge or question the main rise trend of alts solely based on the seemingly weak V-shaped reversal candlestick pattern on the daily chart.



For example, Ethereum once fell below the key support level of $2250, but when investors chose to sell, the price suddenly soared. This is not a coincidence, but rather the result of careful planning by the market leaders. Looking back at the main rise of altcoins in the past, most followed a similar pattern. The methods of market manipulation and retail investor psychology have not fundamentally changed, so the trading strategies remain relatively stable.

In fact, when a trend arrives, a price increase is inevitable. If there isn't an immediate rise, it is likely that the main force is conducting a short squeeze operation, forcing investors to give up their holdings. This explains why alts have only about 10 days of upward movement in a 120-day cycle, Bitcoin has had only about 200 days of increase over a three-year daily chart, and Ethereum has had only about two months of upward movement in seven months.

For investors, if they cannot grasp mainstream coins like Bitcoin and Ethereum, the possibility of losses will significantly increase when facing more volatile and faster-paced altcoins. Therefore, understanding market rhythms and the main players' operating methods is crucial for successfully participating in Crypto Assets trading.
ETH2.19%
BTC0.53%
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MetaMuskRatvip
· 08-13 04:57
Still a wave of suckers being played for suckers.
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CommunityWorkervip
· 08-12 15:46
Yes, yes, yes, chase rising prices, we all understand.
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blockBoyvip
· 08-10 12:49
If you don't understand the market, don't touch altcoins.
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ruggedNotShruggedvip
· 08-10 12:48
Another classic Be Played for Suckers method.
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nft_widowvip
· 08-10 12:30
Don't panic, just run after killing.
View OriginalReply0
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