Cryptocurrency Reversal Delay: Reasons and Details
Despite the technical indicators that paint a positive picture of an expected rise in the digital currency market, the reality shows otherwise. The market is still stagnant, and investors are waiting for moves that have been noticeably delayed.
What's going on?
The “whales” are at the forefront of the scene, the category that owns huge amounts of digital currencies and has a significant impact on the market movement. With their calculated manipulation, whales create large fluctuations that delay the reverse and confuse small investors.
Other reasons for delayed ascent:
1. Economic conditions: Global volatility and uncertainty negatively impact investor confidence.
2. Lack of liquidity: The market lacks enough momentum to push currencies upward.
3. Market manipulation: Some parties use strategies to control prices to their advantage.
Indicators say: Upcoming rise! But...
Despite the positive signals provided by technical indicators, whales have a different opinion. Their calculated moves reshape the market, making it difficult to predict price movements accurately.
Conclusion:
Don't be fooled by indicators alone, the market is governed by several factors, the most prominent of which are whales. As an investor, be prepared for all scenarios and don't make your decisions based on indicators alone.
