Cryptocurrency Highs and Lows Judgment: Don't Guess the Top and Bottom, Look for Range Signals
It's impossible to accurately predict highs and lows in the cryptocurrency market, but you can find 'relative ranges' through emotions, technicals, and data. Four dimensions are sufficient 👇
1. Market Sentiment: Observe Extreme Heat
The most intuitive signal is to see everyone's reaction:
High Point Signal: The group is full of trades; non-cryptocurrency people are following in; the proportion of futures long positions skyrockets (extreme greed); Low Point Signal: The community wails 'leaving the market'; retail investors panic and cut losses; concentrated long position liquidations appear (extreme fear) 😱.
2. Technical Indicators: Data Validates Extremes
Newcomers should focus on 3 core indicators:
RSI: Above 70 is overbought (high point), below 30 is oversold (low point); Bollinger Bands: Price breaks above the upper band (high point), falls below the lower band (low point); Trading Volume: Huge trading volume (high point, insufficient buying), low trading volume (low point, selling exhausted) 📊.
3. Historical Prices: Find Key Anchors
Historical positions act as psychological barriers:
If it approaches the previous high and lingers without breaking (high point), and if it approaches the previous low and rebounds (low point); prices significantly deviate from the 60/120-day moving average, far exceeding the high point and far below the low point.
4. Fund Flow: Observe Major Player Movements
The movements of major players hide clues:
Large amounts of funds moving to cold wallets (major players accumulating, low point); large transfers into exchanges (major players unloading, high point) 💸.
Key Reminder
There is no 100% accurate judgment! In practice, avoid heavy positions chasing highs / bottom fishing; combine half positions + stop-loss, enter and exit in batches. Substitute discipline for gambling instincts, that's what stabilizes ✨. @橙哥ETH #加密市场观察 #ETH走势分析
