NOTICE: A FALSE RISE🚀🚀 IS SAID TO OCCUR IN TWO WEEKS, AND IT WILL ONLY GO ON FOR TEN HOURS AFTERWARDS RIGHT AWAY, A DEEPER DIVE WILL COMMENCE
There are moments when you see the market rising and believe it is the perfect time to buy, but it is actually a false rise.
Crypto whales employ this tactic to entice consumers into the market anytime they have an extreme need for cash.
When whales have to pay their bills at the end of the month, they usually employ a particular tactic that I would love to refer to as "fish hook🪝 fantasy".
Millions of people who have been waiting for prices to rise before making a purchase will see this rising and jump into the market in the hopes that it is now recovering as a result of the money they pour into the system. By doing this, the market is flooded with billions. Small-scale investors looking to turn a healthy profit on their modest investments are the source of these billions.
Whales' profits keep growing as more money enters the system, and when they decide they've had enough, they abruptly take out their billions along with several more billions in profits.
For this reason, the whales' small investors are always the appetizer on their dinner table.