In the cryptocurrency world, it is often "slow rise, fast fall". This situation mostly occurs during a rebound or while prices are rising. Simply put, this is the old trick of washing out positions during a bull market.

When a coin finally rises for a few days, a sudden drop occurs, wiping out the gains of several days in just one day. As a result, newcomers and those who can't handle it get scared and sell their holdings.

Once the price drops to a certain level and stabilizes, it starts to rise slowly again. When the stock price corrects to a new high and reaches a certain height, more followers jump in, and the main funds use the same tactic again, suddenly hitting the brakes during the upward trend. This kind of drop is fast and brief; the market can fall by 5%-10% within a few days, and sometimes it can drop by 15%-20%. But don’t worry, it will stabilize near important support lines.

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