Don't get confused about selling and washing; you need to understand the tricks of the cryptocurrency world!

Recently, I found that many friends still do not understand the difference between selling and washing. Let's briefly discuss this issue to avoid being tricked in the cryptocurrency market.

In fact, washing and selling are quite common in the cryptocurrency world, especially when market fluctuations are significant. Many people panic when they see price volatility and can't tell whether it's washing or selling, ultimately leading to a mess of losses. So how do we differentiate?

1. Different purposes

Washing: The main force suppresses the coin price to clean up floating chips, clearing obstacles for subsequent rises. Simply put, it’s about washing out those retail investors who follow the trend, preparing for the upcoming surge.

Selling: The main force has already pushed the coin price to a high level and starts selling chips to make a profit. Generally, they choose to sell during favorable news or strong trends to attract retail investors.

2. Different timing

Washing: Usually occurs when the market has just started to rise, the coin price is still low, and the main force shakes, suppresses, and uses some negative news to destabilize market sentiment, aiming to acquire chips at a low price.

Selling: Happens after the coin price has risen for some time, the coin price is already high, and the main force attracts retail investors with sudden favorable news or a strong uptrend, then gradually starts selling.

3. Technical characteristics

Washing: The K-line chart mostly shows inverted hammer lines, doji stars, and other oscillating K-lines, with trading volume usually decreasing, looking like the market is adjusting, but in fact, the main force is clearing chips.

Selling: The K-lines are mostly large upward lines or limit-up, with trading volume suddenly increasing, seeming like a good opportunity, but in fact, the main force is selling, waiting for you to take over.

4. Operational logic

Washing: The main force suppresses the coin price through oscillation, forcing retail investors to sell, then buys chips at low prices, and once the market is ready, they will push the price up.

Selling: The main force raises the coin price to attract you in, and after enough retail investors follow, they gradually start to sell to realize profits.

In summary, by understanding these characteristics, you can roughly judge whether the market is washing or selling, avoiding entering or exiting at the wrong time. The most feared thing in the cryptocurrency world is emotional trading; with significant market fluctuations, a wrong judgment can lead to huge losses. So, be prepared, learn to understand the market, and you can steadily reap the benefits. #加密市场观察