Current Bitcoin price is 97567,
After dipping to 92232 yesterday afternoon, it rebounded,
Last night did not experience the expected sharp drop.
From the perspective of the market makers,
There were consecutive surprise attacks for three days in the early morning:
The first drop was from 108000 to 103000, retail investors suffered heavy losses;
Then they spread misleading news, and in the second early morning crash, it dropped from 105000 to 100000,
A large number of accounts were liquidated, causing investors to suspect;
During the day, it retraced to 103000 pretending to rebound,
In the early morning, it was smashed down to 95000,
Three harvests let retail investors figure out the pattern.
The market makers saw there was still profit to be made, controlling the price to fluctuate between 95000 - 97000,
Using inertia, it crashed in the afternoon to 92000, harvesting again.
Today, the daily line has turned from negative to positive, showing a V-shaped bottom recovery, and most people are bullish.
If the market makers want to harvest again, they may first slightly raise the price during the day to attract followers,
Once the volume is sufficient, they suddenly dive to create a "pin," triggering panic selling;
After stabilizing at a low level, they will pull it up to attract bottom fish,
Then they will turn around and smash the price to create a second "pin,"
Crushing the bulls, causing those who are averaging down to get liquidated.
It should be noted that Bitcoin is highly speculative and risky, ordinary investors should stay away.