The market hasn't changed, but the methods of exploitation are changing

What is the reason for today's waterfall?

Have you noticed that it drops sharply at around five or six in the morning, just like the previous days? Why choose this time?

I personally believe it is to clear the leverage of retail investors. This time in the morning is a relaxed period; it's 5 AM in Asia and midnight in Europe and America. Who can observe this? Most of the liquidation positions are very far away. They make a sudden drop and then a rebound, not even giving you time to consider adding to your position. Even if you see it, there is no time to add to your position at that moment. This is manipulation. However, now that their goal has been achieved, it gives us the illusion that it will drop further. Most people today are likely shorting a particular coin, fearing it might be the same as yesterday, where they give us time to recharge during the day and take the opportunity to harvest at night.

To summarize, the manipulators have reached their goal, which is to clear leverage and prepare for next month's issues. The goal has been achieved. I personally believe there will be another wave, maybe in a few days, but the timing is uncertain. They are not even giving us time to observe the trend; if they suddenly pull up or drop, there’s nothing we can do. There won't be any major moves today; they have to give the retail investors a little time to grow, right? 🤔

Be patient and try not to trade. Let the manipulators harvest another wave, and then we will welcome the accelerated market.