Strong market makers usually have the following three characteristics:
1. Long wash period: usually lasts at least 2 months.
Investors who enter the market early often find it difficult to persist because the wash period is long and tests patience.
During this period, the price is mostly sideways or slowly falling, and the market makers use such trends to clean up investors who are not determined enough.
2. Long start-up period: The market makers will spend about a month to conduct a small test, quickly pull up and then quickly smash the market, forming a "hanging line" pattern, repeatedly pull up and retreat four or five times, and gradually raise the bottom. In the process of slow decline, long-term holders are cleaned up until they are fully prepared, and then they really enter the pull-up stage.
3. Long pull-up period: The pull-up process will last at least 2 and a half months, accompanied by a callback wash-up.
In the early stage of the pull-up, it usually explodes by about 300%, quickly raising the bottom to prevent retail investors from building positions at low levels.
If there are many retail investors following up, the market makers will adopt a strategy of pulling and washing at the same time, and shake the confidence of retail investors by suppressing prices.