The markets are not ran by the traders anymore, but by the exchange owners. Completely manipulated markets with price fixes, buy all orders, and Tether pumps. Just watch Bitfinex's BTC/USDT pair and see for yourself. Bitfinex and Tether is running the biggest scam Bitcoin has ever seen. It's all going to come crashing down whenever they are ready to exit.

https://www.bitfinex.com/trading