#比特币价格走势分析

The fluctuations in the cryptocurrency market are often characterized by 'slow rises and rapid falls.' This situation usually occurs during a market rebound or upward trend. Simply put, this is an old trick of bull market consolidation.

A cryptocurrency rises for several days, then suddenly experiences a sharp drop, erasing the gains of those days in an instant. As a result, novice and some investors who cannot bear the loss may panic and sell off their holdings. This is the effect that major funds hope to achieve: to force retail investors to relinquish their chips.

Once the market declines to a certain extent and stabilizes, the price of the cryptocurrency will gradually rise. When it reaches a certain height, more investors will follow the trend, and the major funds will take action again, using another sudden drop to wash out some of the chips. This type of sharp decline is usually quick, lasting only a short time; within a few days, it may drop by 5%-10%, and sometimes even deeper, falling by 15%-20%. However, there is no need to worry too much; prices generally stabilize near important support levels.