The market in the cryptocurrency world has recently shown a noticeable improvement; ETH has even started to rise. I estimate this is because the exchanges have grasped data indicating a positive trend.
That's why they dare to start pushing their own platform tokens, with BNB rising to $860 and OKB reaching $145.
The purpose of pushing any coin is definitely to offload it and try to sell at a good price.
Generally, the strategy is to first accumulate a large amount of chips at a low level, then push the price up, and after that, release positive narratives to test how many people follow the trend. If there isn't enough interest, they continue to push the price and release more positive narratives. At this point, some people will definitely start buying, but it may not be enough to offload the volume, so they continue to push the price, allowing them to earn a little. Those who make money will share their gains, promoting and spreading the news, convincing more people to believe in the positive narratives. Thus, friends recommend friends, group members recommend group members, and insiders recommend outsiders. Those who follow the trend will definitely not sell, because the positive narrative claims there’s a tenfold return, and they haven’t even made one times their investment. Moreover, they repeatedly experience rises and falls, gradually desensitizing them to the idea of a market decline. The manipulators push it up to the highest point and then slowly start offloading, continuing to release positive narratives during the selling process. They will complete the cashing out, locking in their opponents and making them stand on the hilltop.
The money of those who don't sell is earned by those who do sell.
Regardless of whether it’s bullish or bearish, poison and strategy are used to respond.