Last Night the Market Crashed – Are Whales Manipulating the Crypto Waves?
Last night to early this morning was indeed a total "wreck". The market was in the red, long orders disappeared en masse. Looking at the way prices were plummeting uncontrollably, it's clear that some whales are "shaping" this market.
What Tricks Are Whales Playing?
- Pushing a few massive orders causing prices to free fall.
- The long orders of the community get liquidated, adding more selling pressure.
- Finally, after everyone sells off, the whales jump in to scoop up cheap assets.
What Should You Do?
- Stay Calm, Don’t Panic: Don’t sell off just because the market is red, and don't FOMO into a position too early.
- Set Stop-Loss: Protect your account from the market's wild swings.
- Play Small, Observe Closely: Wait for the whales to "run out of tricks" before making a move; don’t become easy prey for the big players.
In Conclusion: This market, full of ups and downs, is not a place for quick riches; when whales swim, the little fish must be smart. Don’t let yourself be led astray, keep a cool head; as long as you have money, there are opportunities. Slow but steady, everyone! 🚀