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A Comprehensive Understanding of the King of Indicators: How to Avoid the Main Force's Wash Trading and Board the Main Upward Wave 'Collectible Knowledge'
1️⃣ Before the coin price enters the main upward wave, the main force often conducts wash trading to clean up floating chips and reduce the cost of lifting. Common methods of wash trading include:
🟧Suppression Wash Trading
The main force sells part of their chips, causing the coin price to drop rapidly and create a panic atmosphere. In this way, the coin price may experience a significant drop in a short time, leading some investors to mistakenly believe that the market has reversed, thus selling their valuable coins.
🟧Sideways Fluctuation Wash Trading
The main force lets the coin price fluctuate for a long time within a relatively narrow range, wearing down investors' patience. Investors holding the coin may choose to sell it to seek other investment opportunities if the price does not rise for a long time.
🟧Suppression Wash Trading
The main force sells part of their chips, causing the coin price to drop rapidly and create a panic atmosphere. In this way, the coin price may experience a significant drop in a short time, leading some investors to mistakenly believe that the market has reversed, thus selling their valuable coins.
🟧Sideways Fluctuation Wash Trading
The main force lets the coin price fluctuate for a long time within a relatively narrow range, wearing down investors' patience. Investors holding the coin may choose to sell it to seek other investment opportunities if the price does not rise for a long time.
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
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