Old players in the crypto circle understand: "slow rise, rapid fall" is the old trick of the main players to wash the market, especially common during the bull market rebound

The gameplay usually goes like this —

First, there are several days of continuous rise, then suddenly a sharp drop that wipes out all gains, scaring new players and those with unstable mindsets into selling at a loss

The main players take the opportunity to pick up chips at low prices, and once the sentiment stabilizes, they slowly pull it back up

When it approaches the previous high and retail investors start to chase the rise, the main players will initiate another sharp drop

This kind of adjustment is characterized by quick drops and quick stability, with declines of 5%-10% being common, occasionally reaching 15%-20%, but generally stabilizing at key support levels $BTC