If you are worried about the current cryptocurrency market downturn, I hasten to assure you: there is no need to panic. This is simply a strategic step known as Wyckoff accumulation. This approach is often used by large market players, the so-called “whales”, to buy up assets at low prices from less experienced traders who mistakenly perceive this as the beginning of a major decline.
How does it work? First, the price drops sharply, creating fear and uncertainty. Then it recovers briefly, awakening hope among traders, but soon drops again. This cycle is repeated, each time weakening the confidence of asset holders. Eventually, the price reaches a minimum level, which is called a “triple bottom”. At this point, many traders lose faith in the recovery and sell assets at a loss, believing that the decline will continue.
However, this is not the end, but the basis for future growth. At this point, whales actively buy assets at minimum prices, which later becomes the starting point for a strong upward trend.
