In today's market, the big players are feasting while retail investors are left with scraps, and they might not even get any broth — Wall Street sharks have completely taken over the game rules:
ETFs are crazily sucking blood: giants like BlackRock and Fidelity are buying hundreds of millions daily, and the circulating supply of BTC is decreasing, pushing prices higher.
Whales are frantically accumulating: large wallets have recently hoarded 50,000 BTC, exchanges are almost empty, clearly aiming to control the market.
Algorithms are harvesting retail investors: high-frequency trading firms are placing fake orders at key price levels, triggering margin calls, and small investors are left crying.
But I have to say, this wave of market is truly exciting! After breaking 100,000, the FOMO sentiment is at an all-time high, and 120,000 is not a dream! However, amidst the celebration, one must stay cautious:
There might be a short-term pullback, after all, the surge has been too rapid, and when profit-taking occurs, it could lead to chaos.