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A little reflection | The current method of washing out in crypto projects has become extremely beyond expectations🤯
Those projects quietly pulling up, with little air support, seem stable on the surface, but secretly hide hidden dangers—project teams, to reduce market pressure, wash out follow-up longs and spot positions, do not hesitate, directly dump the market to complete thorough washing✅
After the washout, they then create a false impression by violently pumping, attracting the air support to enter, completing a new round of harvesting cycle.
The most typical example is $RAVE 👇
Stage one: after crazy pumping, a 24-hour drop of over 95%, 6 billion market cap instantly evaporates, directly washing out follow-up longs;
Stage two: violently surging to create a rebound illusion, successfully luring in a large number of air support, perfectly replicating the “pig slaughter” operation logic.
Recently, $BSB , the washing routine and $RAVE are highly overlapping⚠️
24-hour volatility exceeds 215%, after hitting a high, a massive decline follows, suspected large-scale selling by project teams triggers a crash, also an extreme washing mode of “pumping-dumping,” similar to the early trend of $R