The market manipulation is slow and tedious, with an excessively long consolidation period; as we approach a transition to an upward trend, there will be a large bullish candle, and during pullbacks, small bearish candles will repeatedly harvest. This is likely related to the concentration of major players, institutions, and large retail investors in the current Bitcoin market… there is a strong buying force snatching up shares; small bearish candles during pullbacks?
Many people do not understand why the strength of a bearish candle's pullback is small? Many have not experienced the fierce control of the market in the past, where a single bearish candle could directly break through the moving average support, plummeting by 80-90%. Even with 2x leverage, one could face liquidation;
Ethereum's market manipulation enjoys harvesting repeatedly, with chaotic wave patterns! I suspect it is being controlled by a middle-aged woman in menopause; currently, it is forming a false double top on the weekly chart with a ninth wave, stripping away the illusion, it seems like a five but resembles a seven; like mist, like rain, and like wind…
Combining the exchange rate, there is still a large upward space for Ethereum. As long as the market rises, Ethereum can gain bullish strength while in a sideways trend. It may seem soft, but once Bitcoin tops out and the exchange rate bottoms out, the power of speculative trading will be unimaginable!