It was observed that BTC experienced a significant plunge during the US stock market open today. Within just a few minutes, Bitcoin formed 10 consecutive red 5-minute K-lines, with the decline rapidly expanding. From a technical perspective, this round of decline seems somewhat abnormal—there is no obvious fundamental negative support, but rather concentrated selling pressure at specific times. Traders generally believe that there are signs of deliberate suppression by funds behind this. It is worth noting that similar tactics often occur during periods of high volatility in the US stock market. Retail and institutional investors often suffer heavy losses in such "coincidental" market movements.
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FUDwatcher
· 8h ago
Here we go again with this? The US stock market opened with a plunge; I'm used to it already.
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AirdropGrandpa
· 12-26 20:01
Here we go again. As soon as the US stock market opens, it crashes. I've memorized this routine.
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CoinBasedThinking
· 12-26 19:58
Here we go again, I've seen this trick a hundred times.
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MrRightClick
· 12-26 19:56
Here we go again, I've seen this trick a hundred and eighty times
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FlashLoanLarry
· 12-26 19:49
Here we go again? Doing this every time the US stock market opens.
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gas_fee_therapist
· 12-26 19:48
Here we go again, I'm already damn tired of this routine.
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MidnightGenesis
· 12-26 19:38
On-chain data shows that this sell-off definitely has some tricks involved. When I monitored it at 2 a.m., I already felt something was off.
10 red K-bars? Based on past experience, this is definitely not a natural correction. The interesting part is that the large transfer data on the exchange doesn't match at all.
Retail investors will have to pay tuition again. It's always the same trick.
It was observed that BTC experienced a significant plunge during the US stock market open today. Within just a few minutes, Bitcoin formed 10 consecutive red 5-minute K-lines, with the decline rapidly expanding. From a technical perspective, this round of decline seems somewhat abnormal—there is no obvious fundamental negative support, but rather concentrated selling pressure at specific times. Traders generally believe that there are signs of deliberate suppression by funds behind this. It is worth noting that similar tactics often occur during periods of high volatility in the US stock market. Retail and institutional investors often suffer heavy losses in such "coincidental" market movements.