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About BIBIBI Daily Digest Privacy & Account Security

For information and learning only. Not investment advice. Crypto assets involve risk.

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Glossary

Terms9 shown

Falling KnifeRefers to an asset whose price is falling rapidly and sharply, with the bottom not yet established; it can also refer to the high-risk situation of rashly buying during such a decline.
Over the Counter (OTC) tradingA method of buying and selling cryptocurrencies conducted outside the exchange’s public order book, which can avoid large orders directly impacting the available trading volume in the order book.
SupportRefers to the phenomenon in which price encounters relatively strong buying support in a particular area, making it difficult to continue falling.
Weak handsRefers to traders or investors who lack the confidence, conviction, or resources to adhere to a holding plan and are prone to buying or selling based on emotions and short-term events.
WhaleAn individual, institution, or organization that holds a large amount of a particular cryptocurrency and may significantly influence market prices through large-volume buying or selling.
Buy and holdA passive investment strategy that involves buying an asset and planning to hold it for the long term, without paying excessive attention to short-term market fluctuations.
Arbitrage tradingBuying and selling assets in two or more markets to profit from price differences in the same or similar assets.
FlagpoleThe phase of rapid and substantial price appreciation in a bullish flag pattern, typically reflecting strong buying pressure and accompanied by relatively high trading volume.
Day tradingA short-term active strategy that, in cryptocurrency markets, generally refers to completing buying and selling within 24 hours or less.

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Definition

Flagpole

The phase of rapid and substantial price appreciation in a bullish flag pattern, typically reflecting strong buying pressure and accompanied by relatively high trading volume.

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