Was the drop intentional by the platforms? Simply put, the drop was intentional and there is no room for discussion or searching for justifications and the goal is to liquidate the buying positions that have inflated terrifyingly
Did the platforms really manipulate and stop purchases during the drop? Simply no, and whoever tells you that the platforms stopped purchase operations is ignorant and foolish
The landing time at the bottom I tried to buy and I tried the Binance and Miksi platforms the same thing you can't buy and the reason was very clear and the reason is the lack of any offers for sale because literally the order book was zeroed
The order book is a matter of supply and demand. Let's assume you need to buy at market price or a specific price by placing an order at a certain price. At the bottom, I literally saw the order book; even if you needed to buy at $100, there was no supply to execute your market or limit order. I personally tried to buy for more than an hour because there was no available supply for sale, and I entered some currencies with nearly 5k, and the orders I executed were market orders, each order only for $100. For this reason, I was delayed for more than an hour until I finished buying the currencies.
This is an attached image clearly showing that I executed about five orders, but in reality, I executed more than 30 orders. As you can see in the image, I left it on the minute candle, and in the minute candle, I executed more than five orders, and every three to four minutes I couldn't buy because there was no supply for sale.
In summary, there was no manipulation from the platforms.
So, did anyone buy at the bottom? Simply put, it's a lie if someone tells you they bought at the bottom because there was no supply for sale, and the supply started to appear after the currencies rebounded more than 50%. People started to get scared and began to sell their quantities.
Of course, everything is clear. I just wanted to clarify for those who don't understand because I saw some analysts, each one presenting an analysis from their own perspective, saying that the platforms stopped buying and manipulated, and I don't know what else. The matter is simple; honestly, without any philosophy, even someone who doesn't understand during the buying process, the sell orders were clear. There were no sell orders; where would you be able to buy? There was no supply available for sale. 🤷
