1. Smash-style wash trading
Method: Suddenly placing a large number of sell orders or directly dumping large orders, significantly lowering prices in a short time.
Characteristics:
• Prices drop sharply, often exceeding 5%-10%, triggering panic selling from retail investors.
• Trading volume suddenly expands, and key support levels (such as moving averages, previous lows) are broken.
• May coincide with the spread of negative news, creating a 'collapse' illusion.
Purpose: To force out stop-loss orders and panic chips, allowing the operator to buy back at low prices.
Caution: If there is a quick rebound after a decline, and trading volume does not continue to expand, it is mostly wash trading; if there is volume breaking down without recovery, caution is needed.
2. Sideways oscillation wash trading
Method: Prices fluctuate repeatedly within a narrow range, neither up nor down, 'grinding' investors.
Characteristics:
• Fluctuation range is small (such as 3%-5%), and trading volume gradually shrinks.
• It seems ready to break through but falls back, creating a 'false breakout' to deceive retail investors into chasing the highs and selling the lows.
• Lasts a long time, wearing down the patience of short-term traders.
Purpose: To make short-term funds feel that 'there's no market', prompting them to leave voluntarily.
Response: Focus on the upper and lower bounds of the oscillation range; if there is a volume breakout after a long sideways trend, it may be a signal to start.
3. Spike-style wash trading
Method: A sudden crash forms a long lower shadow, followed by a quick return to the original position.
Characteristics:
• Candlestick shows a 'long lower shadow' (such as the 'golden needle bottoming' pattern), quickly rebounding after briefly breaking key levels.
• Trading volume concentrates during the sudden drop, and volume is mild during the recovery.
• Often accompanied by on-chain order cancellations and other operations, creating an illusion of liquidity crisis.
Purpose: To trigger stop-loss orders and clean out weak chips.
Key: After the spike, can the price stabilize at the original support level? If it stabilizes, it is mostly wash trading; if it breaks down, caution is needed.
4. News-based wash trading
Method: Spread negative news (such as project disputes, data anomalies, etc.) to trigger retail selling.
Characteristics:
• News is often short-term or exaggerated, unrelated to the project's fundamentals.
• Trading volume expands during price declines, but rebounds quickly after news clarification.
Purpose: To exploit the psychological weaknesses of retail investors, accelerating the wash trading.
Response: First, verify the authenticity of the news; if it is a rumor, the decline may instead be a buying opportunity.
How to distinguish between wash trading and distribution?
1. Look at the main force's control: During wash trading, the main force's positions are stable, while during distribution, chips flow out significantly.
2. Monitor liquidity: During wash trading, the liquidity pool (such as exchange funds) changes little, while large amounts are withdrawn during distribution.
3. Look at the trend: Wash trading does not disrupt the long-term upward trend, while distribution reverses the trend.
Core logic: Wash trading is about 'scaring away' retail investors, while distribution is about 'trapping' them. Remember: declines without volume, and quick recoveries after sharp drops, are mostly wash trading signals. Stay patient, and don't be disturbed by short-term fluctuations to capture the main upward trend.$BTC $ETH #我的COS交易 #币安Alpha上新 #Strategy增持比特币