**Whale Manipulations in the Crypto Market ๐**
9 out of 10 people will lose all their funds after a bull run ends. But the 1% who understand these manipulations will make millions. ๐งต๐
โฎ Price manipulations are a daily occurrence in the crypto market.
โฉ Sometimes they happen within a single day to profit from a small group, and other times they span months to extract money from the entire market.
โฎ Today, letโs uncover whale manipulations:
โฉ Why they occur and how to avoid losing all your money by falling into their traps.
โฉ This information is crucial; hope it helps you steer clear of whale deceptions.
โฎ Recent $ETH ETF Approval.
โฉ Following the news, the price soared nearly 30% in a day.
โฉ The crowd FOMOed and bought ETH, but whales sat back and cashed out on ordinary investors.
โฎ To profit, whales need to sell their accumulated coins to many people. To accumulate, they need people to sell their assets.
โฉ They play on two emotions: FEAR & GREED.
โฎ Strategies whales use:
1. **Stop Loss Hunting**
- Whales drive the price to key support & resistance levels to trigger regular traders' stop losses.
2. **Fair Value Gap (FVG)**
- FVGs form during strong pumps or dumps and act as support and resistance. During corrections, prices often rebound to the first FVG.
3. **3-Drive Pattern**
- Indicates reversals; similar to Stop Hunt but with an additional retracement. Effective with bearish patterns like BTC in 2021.
4. **Range Manipulation**
- Whales keep prices in tight ranges to shake out the crowd, often reversing after breaking key levels.
5. **News Manipulation**
- Prices rise in anticipation of news but drop 90% of the time when the news is released.
โฎ Rules to protect against manipulations:
โฉ Set your stop just beyond the level where a Stop Hunt already occurred.
โฉ Avoid FOMO buying right after a major dip if the price is in an FVG.
โฉ Support or resistance levels often break after five touches.
โฉ Avoid buying immediately after big pumps
