How to Find Out Dump Attempts Will Start ?
Crypto Market already known for its volatility where the rich can playing with other investors psychology to gain more profits
If you watching chart, order book and trading data in daily routine there is some patterns when dump attempts will be start and this patterns usually started with some medium selling orders to test the water against buying orders and how many investors following to sell their assets
When they think its good to go they will do the next step with biggers selling orders step by step to create more FEAR while FEUD posts work as they do to help them creating FEAR
Just like what happened right now, when SEC News still in speculations whales work to make market in volatility situation just as you can see from the volatility of USD value, #BTC value that also dragging other coins like #BOME #FLOKI #PEPE #SHIBA
They want to decrease greed index which mean more less investors interested to go in to the market so they can buy the assets more easy with less competitors
When they think they had gained enough then the next step by creating FOMO to drive GREED from middle and small investors until they think they had gained enough profits from the FOMO then the cycle will be repeated
So in the end whales will never loss because they know how to play psychology to push other investors left from the market or going in to the market
Thats why you need to know how to do analysis based on the data so you can minimizing your loss
As always DYOR
God bless