Common methods used by market makers for accumulating and distributing assets!
1️⃣ Price suppression for accumulation Market makers intentionally lower prices to trigger stop-loss orders, then buy virtual currency at a low price, waiting for the market to recover to make a profit. This strategy is suitable for currencies with low trading volume and few orders.
2️⃣ High-level volatility During the first wave of decline, market makers do not increase volume but choose to create volatility at high levels, leading most investors to believe that prices will rise again, thus taking over, ultimately achieving the goal of distribution.
3️⃣ Price differential distribution Some market makers do not pursue short-term profits but sell chips at high prices and then buy back at low prices to reduce the cost of their holdings. This method appears on the K-line as long upper shadows at high positions and long lower shadows at low positions.
4️⃣ Inverted V-shaped distribution This is the most direct and often unprofitable method of distribution, where market makers aggressively sell off, causing prices to drop rapidly. As long as the price is above the market maker's cost, they will distribute.
These methods demonstrate the various strategies market makers employ in the cryptocurrency market, including accumulation and distribution, aimed at influencing market prices to achieve their own profits. #特朗普宣布胜选
Note - Keep in mind that cryptocurrency prices and availability can change rapidly so it's essential to stay informed and do your research before making any investment decisions.
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The excitement surrounding Ripple and XRP has been growing since Donald Trump became President-elect in November, signaling a potentially favorable administration for crypto assets.
That excitement crescendoed last week as XRP came within pennies of breaking its all-time high price record from 2018, pushing Ripple’s stash of the asset to a staggering sum amid other notable happenings around the crypto company.
Here’s what you need to know from a wild week for Ripple and XRP.#TRUMPOnBinanceFutures #TRUMPCoinMarketCap $TRUMP
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The excitement surrounding Ripple and XRP has been growing since Donald Trump became President-elect in November, signaling a potentially favorable administration for crypto assets.
That excitement crescendoed last week as XRP came within pennies of breaking its all-time high price record from 2018, pushing Ripple’s stash of the asset to a staggering sum amid other notable happenings around the crypto company.
Here’s what you need to know from a wild week for Ripple and XRP.#TRUMPOnBinanceFutures #TRUMPCoinMarketCap $TRUMP