#比特币价格走势分析
The fluctuations in the cryptocurrency market are often characterized by "slow rises and sudden drops." This situation usually occurs during market rebounds or upward trends. In simple terms, this is an old tactic of bull market consolidation.
When a cryptocurrency rises for several days, a sudden significant drop can cause the gains of those days to disappear in an instant. This can lead to fear among newcomers and some investors who can't bear the loss, prompting them to sell their holdings. This is the effect that major funds hope to achieve: to force retail investors to relinquish their chips.
Once the market drops to a certain extent and stabilizes, the price of the cryptocurrency will gradually rise. When it reaches a certain height, more trend-following investors will come in, and major funds will once again take action, using sudden large drops to clear out a portion of the chips. These significant drops usually happen quickly, within a short time frame, potentially falling 5%-10% in just a few days, and sometimes even deeper, dropping 15%-20%. However, there's no need to worry too much, as the price typically stabilizes near important support levels.
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