"Beware of the Whale Trap! 🐋💥
A sudden market spike followed by a crash often signals a classic whale move. Here’s how it works:
1️⃣ Large players (whales) swoop in, buying up massive amounts of a coin, causing its price to soar.
2️⃣ Retail traders, driven by FOMO, jump on the bandwagon, pushing the price even higher.
3️⃣ Just as it peaks, whales sell off their holdings, causing the market to crash, leaving smaller traders caught in the tide.
Stay sharp, and always trade with caution. 🧠📉 #Crypto101 #WhaleTrap #Debate2024 #Write2Earn! #CryptoPCEWatch