The declines you often see are usually a trap to induce shorts, while the declines you don't see are typically real declines. What does this mean?
Have you noticed that if there is a decline at the bottom of the candlestick chart, which is the most likely rebound position, if the manipulators cause a decline during the day or evening that you can see, it usually stops declining before 2 AM. Just like the decline yesterday, which stopped at 2 AM today. This is actually baiting shorts and washing out positions; the manipulators deliberately let retail investors see a significant decline during the day, causing fear that leads them to cut losses and exit, while the manipulators take the opportunity to accumulate.
The declines you can't see are often the real declines, and they are particularly prone to sudden spikes. Sometimes, the manipulators will first create a false rally, for example, by pushing prices up between 11 PM and midnight, making you think an opportunity has arrived, so you rush to get in, only to wake up and find your position wiped out. This is a typical tactic used by the Americans. They take advantage of your sleep, quickly crashing the market between 3 AM and 5 AM at a speed so fast that you don't even have a chance to react. Their goal is to quickly liquidate those highly leveraged positions to prevent these traders from escaping.
So you'll find that Americans particularly like to crash the market in the early morning, taking advantage of us while we sleep to harvest retail investors. This is also why most significant spikes and liquidations occur between 3 AM and 5 AM. As an experienced player in the crypto space, I advise everyone to avoid holding high-leverage positions during the early morning, especially without setting stop-losses, as the risks are extremely high.