The cryptocurrency market is extremely volatile right now. BTC is hovering around the $70,200 mark and panic is growing in the altcoin trading community. Many investors, especially new ones, do not fully understand the complexities and volatility of this market, as well as the manipulative “whales” that cause massive selling pressure.
Looking back at history, BTC experienced a sharp crash in August, and the current developments seem to be repeating themselves. Repeating a similar position is a sign that cannot be ignored, especially when there are warning signs of a large short-term price drop. Experienced analysts have noted that this is part of the market cycle, in which "whales" actively participate in manipulating prices to maximize profits.
A Warning to Traders
In such a sensitive time, opening any trading position, especially a long position, is a taboo. Long-term investors tend to take higher risks in this situation when the market is prone to sudden price "crashes". Some experts have warned that this could be the "biggest crash" ever, not just a normal correction but a structural breakdown of many major cryptocurrencies.
Expected Scenario – Higher Probability of Free Fall
According to expert analysis, there is only a 2% chance that BTC will reach an all-time high in the short term, while there is a 98% chance that a sharp crash will occur within the next 2 days. These predictions are mainly based on factors such as selling pressure, historical market patterns, and signals from large trading organizations.
Market Psychology and "Whale" Manipulation
It is important for traders to understand that their fear is what the whales are targeting. When many retail investors start to sell, the price collapses more easily, allowing the whales to buy back at a low price. This is considered a common method of manipulation, which has appeared in many previous strong corrections of BTC.
Investor Guide
Stay Calm – Maintaining a stable mind is the key to avoiding panic. Try to avoid making emotional decisions.
Don't Rush to Open Trades – As warned, opening long trades is very risky, especially when the market is showing signs of a "bull trap".
Consider Long Term Investment – For long term investors, be prepared for high volatility and only invest if you are willing to take the risk.
Closely Monitor the Market – Stay updated with market news and expert analysis, especially signals from whales or large institutions.
In this context, preparation and patience are the keys to weathering the extreme volatility of the crypto market. Will this crash be the last before the market recovers, or will it be the beginning of a new recession? Only time will tell, but it is certainly time for investors to be cautious and have a clear strategy.