$BTC If I hold long at this point, I will place it on the altar and pray
The pump and dump model is very clear
- Stage 1: Accumulation
Within 4 days, the sharks accumulated at the price of 81-83k, continuously accumulating
- Stage 2: Distribution
On the 31st, there was a nasty price move, before pumping up to dump, the sharks killed all the long positions to lighten the boat
After the distribution was completed, they continued to accumulate again, and last night there was another long kill and then pumped up to dump (current price)
Currently, we are in the high price distribution zone of the whales, and it can't go up anymore! Unless there is some shocking news, extremely good for crypto!