Trade wars in the cryptocurrency market increasingly resemble a battle for liquidity. Institutional players, market makers, and large traders actively defend their positions, leading to spikes in volume and false breakouts.
It is particularly important to monitor how altcoins react to movements in $BTC. As soon as sharp volatility begins, many pairs go haywire.
I expect the coming days to be rich in manipulations, especially ahead of the CPI and inflation data. Keep an eye on the order books and don't forget about stop losses.