#加密生态动态追踪 a fan asked me last week: The currency price has fallen by 30%, is it a wash or a shipment? I looked at the K-line and understood - he was deceived by the dealer's shipping method again and was trapped in a high position.

In the past 7 years in the currency mixed circle, I have observed that there are only two pitfalls that retail investors are most likely to fall into: treat shipments as washes, and make up for them as they fall; Or wash the plate as a shipment and sell it as soon as it rises. At first glance, they look almost the same, but in fact they are very different. Today, I will give you a real case to explain it thoroughly, and you will be able to learn to distinguish in 3 seconds.

Last month, there was a currency that rose directly from 2U to 5U, and suddenly began to plummet. Many people's first reaction is "this must be a wash", and the whole set goes in. Looking at the later trend, the routine of shipments is simply textbook-level.

**Phase 1: Volume stagnation**
The currency price has repeatedly moved sideways around 5U, and the trading volume has increased by 3 times compared to before, but it just can't rise. At this time, the dealer has begun to quietly reduce his position. They hold the price with a small amount of money, making you look at the chart and think, "This will definitely go up," and in fact they have secretly shipped it.

**Phase 2: Cliff Fall**
One day, the dealer suddenly withdrew all orders, and the currency price went directly from 5U to 3U, without any respite in the middle. At this time, the trading volume was still very large, and a large number of retail investors rushed in to buy the bottom when they saw the "golden pit", and they were all trapped.

**Stage 3: Rebound to attract long**
The price of the coin rebounded from 3U to 4U, which looks like a V-shaped reversal, but if you look closely, you will see that the trading volume is getting smaller and smaller each time during the rebound. This is the bookmaker's last trick to trap the last batch of bottom-buying people and then continue to ship.

In contrast, washing is a different matter. Still taking the GAMA case mentioned earlier, although it will also fall during the real wash, the trading volume will be reduced, and the trading volume will be enlarged when it rebounds. The key is that the wash will never fall below an important support level, which is the bottom line.

**Quick judgment, remember these 3 signals:**

**Look at the trading volume** - the wash is the decline and rebound; Shipments are falling and rebounding.

**Look at the support level** - wash the market to hold the key support and resolutely not break; The shipment will be smashed directly without mercy.

**Look at the speed of decline** - the wash falls slowly and rebounds quickly; Shipments fell fiercely and rebounded slowly.

Next time you encounter a plunge, don't rush to buy the bottom or cut the meat. Calm down, take a look at these 3 signals, and distinguish whether it is shipping or washing, so as not to be led by the dealer.