What could be happening right now in the market? It's essential to examine the current state in three tiers:
1. **For Futures Traders:** There's a significant amount of long positions currently open in futures-traded coins. If these positions become profitable, funds will flow out of Binance. Consequently, we might see gradual declines and spikes as traders attempt to trigger another wave of long positions, though this isn't guaranteed.
2. **For Spot Traders:** In coins not traded on futures, spot buyers who bought during dips may find themselves holding during a rise. If prices go up and they still hold, they may consider selling to secure profits. However, many tend to hold on in hopes of further gains, as discussed previously. This market isn't as risky for market makers.
3. **For Newly Listed Coins:** Market makers often favor newly listed coins because investors who've lost hope in older coins may turn to these. Market makers can capitalize on this by facilitating trades and benefiting from increased trading activity.Coins with relatively low supply and minimal attention can become the face of market promotion. They may briefly and dramatically spike in value, enticing new participants into the market.
These observations are derived from past market movements and should not be considered definitive predictions. They offer insights and perspectives rather than certainties.
