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#DOGE# mastering this knowledge point can avoid many misguided meat cutting behaviors.
When encountering a relatively or absolute low shrinkage and a large decline in the currency, should you lose it or keep it or increase your position?
In the process of inducing retail investors to chase up while entering the market, the currency will inevitably experience at least one high-level shrinkage and large decline, commonly known as smashing, the purpose of which is to wash away the low-level ambush and hold the high-level profit-taking order, and the trend will reverse after smashing.
And when the coin is already at a relatively low level or an absolute low level, what is the purpose of the sudden shrinkage and large decline?
As long as you grasp one point: in addition to the sudden strong bearish news, the smashing of any position with a large shrinkage decline (extremely uniform selling) is the behavior of the bookmaker.
The market maker in the relative or absolute low to create a large decline in the trend, with the last wave of the power of the famine, the high chase was trapped, and in the process of gradual shock downward countless blind bottom-copying retail investors to completely clean up, after washing, it reversed to the up.
Therefore, when encountering a relative or absolute low level of sudden shrinkage and large decline of coins, do not be washed away, and victory is just around the corner.