Why did the cryptocurrency market suddenly fall?

In the lively cryptocurrency market, the phenomenon of price plunges is often puzzling. An important reason behind this is the influence of large investors - "whales".

1. Large sell orders: When "whales" sell a large amount of cryptocurrencies, the market supply surges and prices fall rapidly.

2. Market sentiment: Because "whales" have more information and professional analysis, their selling behavior triggers other investors to follow suit and form a herd effect.

3. Profit taking: When "whales" lock in profits and sell cryptocurrencies, the market is worried that the price has reached its peak, and they sell them one after another, causing prices to fall further.

4. Liquidity issues: Large transactions affect market liquidity and price fluctuations intensify.

5. Market manipulation: Sometimes, "whales" deliberately suppress prices and buy more assets at low prices.

These factors work together to cause market prices to fluctuate sharply. #热门走势