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This pump within 30 minutes and then a dump within the next 30 minutes — with a move of nearly $3,500 — can be clearly called manipulation in simple terms.
This was not a normal market movement.
It was very clearly a deliberate and planned move.
Why did this happen?
Ordinary people don’t do this. This is always done by big investors (whales) who have massive capital.
First, they pushed the price sharply upward to:
Force out sellers sitting below at a loss
Create greed, making people believe the price would go even higher
Make many traders rush into buying
Once enough people were trapped in buy positions, they aggressively pushed the price down at the same time.
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Global Crypto Market Status (Last 24 Hours) The cryptocurrency market has shown signs of recovery and stabilization following a period of high volatility, though some minor fluctuation still persists. Overall Market Metrics Total Market Capitalization: The overall crypto market cap has seen a slight increase or stabilized, ranging between approximately $3.64 Trillion and $3.76 Trillion. Some reports show an overall gain of about 0.51% to 2.02% over the last 24 hours. Trading Volume: The total trading volume has been robust, indicating high activity and trading interest. It has reportedly seen an increase of over 22%. Performance of Major Cryptocurrencies The two largest cryptocurrencies by market cap have shown mixed to slightly negative movement: Bitcoin (BTC): $BTC Bitcoin's price has been relatively stable or experienced a slight decline in the range of 0.07% to 2.18% over the past 24 hours. It is currently trading roughly between $108,000 and $111,000. Ethereum (ETH): Ethereum has also seen a small drop, with prices decreasing by about 0.19% to 4.77%. It is trading near the $3,850 to $4,000 range. #MarketPullback #BinanceHODLerTURTLE #ChineseMemeCoinWave #USBitcoinReservesSurge
The market capitalization of $BTC Bitcoin is currently around $2.191 Trillion as of the most recent data (reported as of approximately 2 hours ago). #MarketPullback #BTC走势分析 #btc70k #BTCMarket