The old game of the smart ones against the idiots...nothing new

Yesterday, the market dropped sharply from 108K to 100K due to clear manipulation aimed at hunting stop losses and eliminating long positions. But that wasn’t enough — they let the market react positively, only to drop again and collect more liquidity. Why? To push the market back up with a convincing pattern, giving people hope and encouraging them to go long again — only to wipe them out once again and profit from their short positions. Be cautious tonight. Heavy manipulation suggests that the market may drop even further, if not today, then tomorrow or the day after, to lure more traders into long positions. Stay alert.

#btc