#BotOrNot
Are Bots Conquering the Market?
Crypto markets are dynamic, and price fluctuations seem unnatural.That is due to the fact that trading bots have a big role to play, making trades in milliseconds based on market signals. On Binance,these bots can provide liquidity, but they can also create artificial price action by means such as wash trading and spoofing.
You, being a trader, should be capable of recognizing bot trends.When you observe sharp spikes in $BTC BTC/USDT
USDT without any associated news, a bot might be at work.Stay ahead by analyzeing order book depth, looking for unusual volumes, and setting stop-loss points to protect your trades. Remain adapt and trade smartly!