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đMarket sentiment: Despite short sellers, buyer demand might be strong enough to drive the price up.đ
- Whales or institutional investors: Large players might be accumulating the coin, causing the price to rise.đ
- Market manipulation: As you mentioned, there's a possibility of price manipulation, which can be dangerous for traders.đ
- Short squeeze: If short sellers are forced to cover their positions, it can create a buying frenzy, driving the price even higher.
Remember, the cryptocurrency market is highly volatile and unpredictable. đ
It's essential for traders to do their research, set stop-losses, and manage risk effectively to avoid significant losses.đ
Best of luck to all traders, indeed!đđ