In the cryptocurrency circle, old investors know that "slow rise and sharp fall" is a common wash trick used by the main funds, especially in the bull market, and it is more prominent in the rebound stage.

This method is generally like this: after the price of the currency has risen for several consecutive days, it will suddenly encounter a sharp drop, swallowing up all the previously accumulated gains, triggering panic selling by new investors and those who are not firm enough.

At this time, the main force will take advantage of the opportunity to collect these thrown chips at a low price. When the market sentiment slowly calms down, the main force will start to slowly push up the price of the currency.

When the price of the currency approaches or even exceeds the previous high point again, the market sentiment becomes extremely enthusiastic and retail investors follow suit.

However, the main force will often use the sharp drop to wash the market again at this time. This adjustment often comes and goes quickly, and the decline is generally 5%-10%, sometimes even 15%-20%, but it usually stabilizes at the key support level. #特朗普施压鲍威尔 $BTC