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Assuming I am the market maker, how should I play you for suckers.
1. After falling 30-50 points from the peak, those who chased the rise panic and cut their losses, thinking a crash is imminent, especially after it has risen several hundred points. Those who shorted at the peak are reluctant to exit, also thinking that the trend has just formed and it should fall further. The result is a drop followed by a rebound.
2. After two days of volatility with repeated washing, the above operations will be repeated. Only playing people for suckers will yield more profit.
3. After the shock, it rises slightly, those who are long have no profit, and those who are short are panicked and cut meat
4. After the oscillation, the pin is inserted, the heavily leveraged short positions are liquidated, and the long positions are unable to take profits in time.
5. Repeat the first operation after inserting the pin.
6. After repeating the first operation, slight decline, slight decline, rise, plummet.
7. Not many out of a hundred people can come up with a few long positions.
From the perspective of psychological state and human weaknesses, this is the easiest way to break one's resolve, and it will also generate more profit.
At this time, there is no need to go up, and it's even less likely to go down. It only continuously forces you to play people for suckers and cut losses, whether it's long or short positions, it's all the same, and panic will ensue.
So if there are profits, take them. This is not the time to go heavy; it's very easy to get played for suckers and get washed out. Even if you did it right, you wouldn't dare to hold on.
Repeated fluctuations between 30-50 up and 30-50 down several times
After fluctuating between 30-50, there may be a rise of 50.
At this time, there is an increase of about 100 points, and more people are shorting.
The end of the heavy positions inserting upwards around 89000 for Bitcoin and Ethereum must also come to an end. Everyone is out of money, so a decline can happen.
If you have a list in your hand, think about my washing method and harvesting method, will you cut the meat.