What are the characteristics of fund-raising in the currency circle?

Characteristics of fund-raising in the currency circle: 1. Large amounts of buying orders; 2. Continuity of buying orders; 3. Low trading volume; 4. Small price fluctuations; 5. Formation of support levels; 6. Concentration of chips; 7. High social media activity. The purpose of accumulation is to accumulate a large number of positions in a short period of time to prepare for future price increases. By controlling prices, limiting circulating chips and creating market confidence, fund collectors can achieve their desired goals.

Characteristics of cryptocurrency accumulation

Accumulation refers to the behavior of buying or holding a large amount of a certain cryptocurrency, usually for future price increases. In the currency circle, the characteristics of fund-raising include:

1. Large-scale buying orders

Fund-raising usually appears in the form of large-scale buying orders, with the purpose of accumulating a large number of positions in a short period of time. These buy orders are often higher than the market price, even reaching a high premium level.

2. Continuity of buying orders

Fund-raising usually lasts for a period of time, and buying orders continue to enter the market, and there is rarely a sharp decline. Even if the price drops slightly, the funds will be collected quickly to prevent the price from falling significantly.

3. Low trading volume

During the accumulation period, trading volume is usually low, indicating that market liquidity is not high. This is because the fund-raising party does not want to attract market attention and prevent other participants from following suit.

4. Small price fluctuations

Due to the continuous buying, the price during the accumulation period will usually remain relatively stable with small fluctuations. This is because the fund-raising party intends to control the price to avoid attracting market attention and sharp rises and falls.

5. Support level formation

In the process of attracting funds, a support level is often formed, that is, when the price falls back to this position, it will be supported by the funds collected to prevent further decline. The presence of support indicates that capital accumulation is actively taking control of the market.

6. Concentration of chips

Fundraising will cause the chips of a specific cryptocurrency to be concentrated in the hands of a few holders. This is because the funds raised are purchased in large quantities over a long period of time, resulting in a reduction in circulating chips in the market.

7. Social media activity

During the fundraising period, positive news and publicity about the cryptocurrency usually appear on social media, with the purpose of attracting more investors to participate and boost the price.

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