1️⃣ What happened?
The price was going down, the volume was also normal.
Suddenly there was a big jump in volume (meaning a very large purchase).
But the price stayed the same, it didn't go up.
2️⃣ What does it mean?
Despite such buying, the price not increasing means that a selling wall is in place.
This selling wall might have been set by the large buyer to control the market.
3️⃣ What was the goal?
They want to buy on a large scale and sell later at a higher price.
But to sell, they first have to create buyers, otherwise, selling won't be beneficial.
That's why they keep the price pumped and stable so that selling and buying remain balanced.
4️⃣ How does deception happen?
The market sometimes plays a demand drama.
It shows in the fund vault that it has held by buying, but in reality, there is already stock available for sale on the exchange.
When it goes high, it removes the selling wall and sells it, and professional traders can also get trapped.
5️⃣ Thoughts of a professional trader
Even if they understand everything, they still cannot predict 100% what the market will do.
Therefore, the main focus is on capital management and risk control, to avoid losses.#DeFiGetsGraded $ETH