đŽ Traders must read: Use high leverage with cautionđŽ
1. Some cryptocurrencies, such as BOND, MDX, DOCK and POLS, have risen in price instead of falling, which is quite surprising. There are two reasons behind this:
Short covering: Some people were short on these coins before, and they made a profit by shorting. Now that the situation is not right, they buy them back to cover their positions. Once they buy, the demand will increase, and the price will naturally go up.
2. The market may be manipulated: Some big guys or teams may work together to do some small moves, such as deliberately triggering other people's stop-loss orders, so that the positions of novices will be liquidated, and they can buy low and sell high.
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