Cryptocurrency market 'slow rise, rapid fall', what usually happens next?
In the crypto world, it is often a case of 'slow rise, rapid fall', which mostly occurs during a rebound or in the middle of an uptrend. To put it simply, this is an old trick of market manipulation during a bull market.
When a coin finally rises for a few days, suddenly there’s a big drop, and the gains of those few days can be wiped out in just one day. As a result, newcomers and those who can’t bear the pressure are scared into selling 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 people follow the trend, and the main funds will use the same trick again, suddenly hitting the brakes during the upward movement. This kind of drop is fast, short in duration, and can lead to a market decline of 5%-10% within a few days, and sometimes it can be deeper, dropping by 15%-20%. But don’t worry, it usually stabilizes near important support lines.
For the upcoming layout direction, I will guide everyone to aim for the high-profit opportunities in altcoins, especially those projects with great potential, where an expected space of over 10 times is not a problem. If you want to make big money in a bull market, like and leave a message, and I will help you layout the entire bull market!