#ETH走势分析

🔻Today, let's share some insights on the relationship between volume and price. This relationship is the core of the Wyckoff theory.

🔺The principle is quite simple, mainly grasping the principle of effort and result.

🔹Trading volume is viewed as effort, and price changes are seen as results. If there is effort and a result, it indicates that the trend is normal. If there is effort but no result, it signals a divergence between volume and price, indicating a change in trend that requires caution.

🔹For example, if volume increases but price remains stable, it indicates that selling pressure is increasing, which may signal a potential reversal.

🔻The volume-price relationship can manifest in four scenarios during a bullish market:

These are: accelerated price increase with increased volume, accelerated price increase with decreased volume, decreased price increase with increased volume, and decreased price increase with decreased volume.

🔸Accelerated price increase with increased volume indicates that buying interest is rising, so one can buy or hold;

🔸Accelerated price increase with decreased volume indicates that selling pressure is rising, and the effort-result mismatch suggests reducing positions;

🔸Decreased price increase with increased volume indicates that selling interest is decreasing, allowing for position building or holding;

🔸Decreased price increase with decreased volume indicates that buying interest is decreasing, suggesting consideration for taking profits or reducing positions.