Hello everyone,
From yesterday afternoon until now, we've seen frequent changes in BTC's market momentum. This kind of movement doesn't seem to be driven by institutions, whales, or ETF traders. Instead, it looks like it's being manipulated by crypto exchanges, likely for their profit. These small fluctuations of 0-0.5% are typical of exchange-driven manipulation rather than larger market players.
If it were institutions, whales, or ETF traders, we would expect to see more significant moves, around 1-2%. However, crypto exchanges can't risk manipulating the market by that much without facing fines from the SEC.
Given this, it's wise to invest small amounts to limit your risk during these volatile periods. Once ETF trading opens and we see higher volatility, you can consider investing more.
Stay cautious and manage your risk accordingly.
Thank You
Author : @KingofBTC2024 (BinanceXTG)