There is a term in this market called "washing the market". What is washing the market? Why is it necessary to wash the market?
Washing the market is a technical adjustment made by a currency in the middle of its rise. Its purpose is to clean up the profitable chips in the market through adjustment and turnover, so that the cost of holding the currency in the market tends to be consistent.
As a result of washing the market, a large number of chips are strategically locked by the dog dealer, which leads to a large reduction in floating chips in the market, making the chips further concentrated.
