In today's market, the main players are feasting while retail investors are left with scraps, and they may not even get any scraps — Wall Street giants have completely taken over the game rules:
ETFs are voracious: giants like BlackRock and Fidelity are buying billions every day, the circulation of BTC is decreasing, and the price is climbing higher.
Whales are frantically buying: large addresses have recently hoarded 50,000 BTC, exchanges are almost emptied, clearly aiming to control the market.
Algorithms harvesting retail investors: high-frequency trading firms are placing fake orders at key price points, exploding leverage and executing pinpoint blasts, leaving small investors in despair.
But I have to say, this wave of market is truly enticing! After breaking 100,000, the FOMO sentiment is skyrocketing, 120,000 is not a dream! However, amid the revelry, one must remain cautious:
A short-term correction may occur, after all, the rise has been too rapid, and a profit-taking sell-off could lead to a bloody storm.