The manipulation I see hurting the most spot traders is the bad news drop, someone with a large position needs to always buy more at a lower price, so negative news about the project suddenly appears, the price drops, scared holders sell, the big player buys everything they just sold and then quietly the bad news turns out to be nothing, the price recovers and the people who sold are left watching from the outside, not every piece of bad news is real, sometimes it is just a shopping opportunity ...
The reason big players manipulate the spot market before a real move is because they need to buy a large amount of coins without pushing the price up themselves, so they shake out the weak holders first, they create fear, the price drops, people sell, and then they quietly buy everything those scared sellers just gave them at a discount, by the time the price starts moving up again the manipulation is already over and retail is just now starting to pay attention.
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