Shark pricing process🦈🦈🦈
P1.
Prepare position
During this period, the sharks will need a large amount of coins to make prices. So they will place small orders, avoid pushing prices up and conceal their presence. With some altcoins having low liquidity, it takes a while to gather the necessary number of coins.
They will then perform pumps with gradually smaller waves to force people to sell.
Price pressure
Why do they pump altcoins up several times before pushing the price down? For sharks, price doesn't matter as long as they can sell for a higher price. However, like any business, they want to keep costs as low as possible.
During this period, sharks will put up everything they have bought, forcing the price down as much as possible through sale walls, so they can buy at a cheaper price. Their sale wall will often appear just enough, a little more supply than demand (supply exceeds demand, the price will decrease).
Test pump
To ensure that they completely manipulated the market in their hands. Test pumping, shaking, real pumping, and redistribution take place many times throughout the pricing process. By testing, they will determine the next resistance levels and how many coins are floating in the market (in the hands of weak people - "chickens"). Sharks do not like “chickens”, they do not act as scripted to support the pumping process. They will identify and eliminate them in the early stages, no matter how long it takes.
It's long, I will continue posting in part 2.
