Bitcoin has been talking about not bottoming out, not stopping falling! In just a few days, Bitcoin has dropped from $70,000 to $59,000, and even on weekends, it has been dumping. Why did the market maker rapidly dump and fall during this period?

After the price reaches its peak, the market maker chooses to sell in order to manage risks and take profits, especially after experiencing a rapid price increase.

Trigger panic by quickly smashing the market, washing out weak positions, and then re-absorbing currencies in the lower price range to obtain higher profits.

In situations where market liquidity is low, a large sell order causes the price to drop quickly. Market makers take advantage of this situation and influence market prices through large transactions. Currently, there has not been a significant increase in trading volume and a shift in market sentiment (from panic to greed) may be a sign of a bottom. Follow me and I will update the entry point according to the market conditions!