$JELLYJELLY This move is actually just short-term hot money in the game. The whales intentionally pump the price quickly to create a fear of missing out, luring retail traders to FOMO in and chase the pump, while they quietly unload at the top. Once it's pumped, the sell pressure is really heavy, which is a classic "pump and dump" scheme.
This coin has no real fundamentals backing it, completely driven by market sentiment. Those chasing the highs are just handing cash to the whales. For more opportunities and trading strategies, follow me, and join the larger community to stay warm; the direction is clearer than your individual view. #BTC市值超越特斯拉
This coin has no real fundamentals backing it, completely driven by market sentiment. Those chasing the highs are just handing cash to the whales. For more opportunities and trading strategies, follow me, and join the larger community to stay warm; the direction is clearer than your individual view. #BTC市值超越特斯拉