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Assuming I am the market maker, how should I play you for suckers.
1. After dropping 30-50 points from the high, those chasing long positions panic and sell at a loss, thinking it will crash, after all, it had risen several hundred points. Those who shorted at the high are reluctant to exit, believing that the trend has just formed and should drop further. The result is that it drops down and then rebounds.
2. After two days of fluctuations and repeated wash trading, only by playing people for suckers can there be more profit.
3. After a period of fluctuation, there is a slight rise; those who went long have no profits, while those who went short are panicking and playing people for suckers.
4. After the fluctuation, the pin is inserted, the heavily leveraged short positions are liquidated, and the long positions can't take profit in time.
5. Repeat the first operation after inserting the needle.
6. After repeating the first operation, it slightly dropped, slightly dropped, rose, and then plummeted.
7. A hundred people can't come up with a few long positions.
From the perspective of psychological state and human weaknesses, this is the easiest way to break one's resolve and will also generate more profit.
At this time, there is no need to go up, and it's even less likely to come down, only continuously forcing you to cut losses, whether it's long or short positions, it will all lead to panic.
So if there is a profit, take it out. This is not the right time to go in heavily; it's easy to get played for suckers and be forced out. Even if you did the right thing, you wouldn't dare to hold on.
Oscillating 30-50 up, oscillating 30-50 down repeatedly several times.
After fluctuating between 30-50, there is a possibility of rising by 50.
At this time, there is an increase of about 100 points, and more people are going short.
The end of the upward spike in heavy positions around 89000 for Bitcoin and Ethereum also needs to come to an end. Everyone is out of money, so a drop can happen.
If you have a list in your hand, think about my washing method and harvesting method, will you cut the meat.