What drives the cryptocurrency market?
This is a bloody harvest! A game of double kills for longs and shorts! The reverse trading of emotions and extreme funding rates is vividly performed here. The prey of project parties, market makers, and exchanges is your pitiful three melons and two dates. They let you buy high driven by the psychology of FOMO (fear of missing out), and then let you cut your losses and leave the market in fear. They will let you blow up your positions back and forth between longs and shorts, squeezing out their huge profits. Therefore, before the Fed releases water, there will be no big altcoin season, and there will be no general rise. (Exchange Zhuye)
