🚨The Game of Whales: How the Wyckoff Method Tests Your Patience
If you are worried about the recent cryptocurrency crashes, my advice is: stay calm.
What is happening now can be understood as the Wyckoff accumulation process (a method where large investors, known as whales, manipulate the market to buy assets at lower prices, taking advantage of the fear of less experienced investors).
This process follows a psychological pattern: at first, the price drops, then recovers a little, only to fall even further. Then there is another recovery, but the price continues to fall gradually until it reaches a lower point. This is when many discouraged investors sell their assets, believing that the market is in freefall.
What is happening now can be understood as the Wyckoff accumulation process (a method where large investors, known as whales, manipulate the market to buy assets at lower prices, taking advantage of the fear of less experienced investors).
This process follows a psychological pattern: at first, the price drops, then recovers a little, only to fall even further. Then there is another recovery, but the price continues to fall gradually until it reaches a lower point. This is when many discouraged investors sell their assets, believing that the market is in freefall.
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