This market situation is very uncomfortable for the dealers. A volatile market means no income. Since Bitcoin and Ethereum cannot be cut, the sickle will be turned to the altcoins, so the altcoins have different situations.
Take YGG in the past two days as an example. It has risen more than 5 times in just a few trading days. There is also DODO, which has risen sharply in a short period of time. These targets have one thing in common: small market value, certain concept, sideways at the bottom, not completely empty, and one more thing, there is contract trading.
This type of altcoin is too easy to be manipulated by the dealers, and the risk of chasing the rise is extremely high for retail investors. For the dealers, there is basically no trading volume in the spot market. It is not important how much difference can be earned by raising the price. The most important thing is to make money by exploding contracts and cutting the leeks of the market. Under this kind of volatility, anyone who does contract trading is expected to be liquidated.
