In the cryptocurrency world, you may have heard of the term "washing the market", so what exactly is it? Why is it necessary to wash the market?

Simply put, washing the market is a technical adjustment made by the price of a currency on the way up.

Its purpose is to allow profitable chips to leave the market, so that the cost of holding coins in the market is closer, thereby preparing for subsequent pull-ups.

As a result, a large number of chips are locked by the main force, the floating chips are reduced, and the concentration of chips in the market is improved.