Talk about personal thoughts

Everyone knows that the US stock market has been volatile these past few days.

Even some giants have been caught at the peak 😂

Now let's assume you have two investments: one in the US stock market and one in the cryptocurrency market.

In terms of practical significance and scale, the cryptocurrency market ultimately cannot compare to the US stock market.

Your available funds are limited, and to recover losses in the US stock market, you definitely need to increase your position or add activity funds to cope with the fluctuations in the US stock market.

So, you are eyeing the cryptocurrency market.

When the US stock market is falling, you sell a large amount to recover funds, so you also sell cryptocurrency.

However, when the cryptocurrency drops to a certain level, selling it yields less profit.

At this time, the oligarchs unite, and the whales 🐳 come out.

Large amounts of virtual currency flow in, and the market recovers under the news, transferring from one hand to the other, with the oligarchs almost effortlessly pushing the prices up.

Then, they sell again... buy at a low price... and repeat the tug-of-war.

When this farce ends, the cryptocurrency market will fall again, as it suddenly becomes apparent that there is an excess of cryptocurrency in the market, and to continue this operation in the future, prices need to drop to bring the cryptocurrencies back.

So recently, it should be a pattern of gradual decline followed by sharp rises, in a large oscillating range.