Market get a quick surge yesterday from 110b total market cap of crypto it goes up quickly to 122b this only show that if whales and financial institutions want to make price goed up they can really do. I am hoping this would be a start of s bullrun since we are currently experiencing the longest bear market im crypto, maybe we are close to make this over.
Well this also means that whales are controlling this market effectively and they can anytime pump or dump in the market. Whenever there is a big dump or pump in the market it is because of the manipulation. Consider the fact that many people were shortening the bitcoins on bitmex and this opposite move by the whales made liquidated many traders.
Something that they are really good doing so, whales are always on the run when seeing opportunities, we cant way that this really a start of bull or some pumped coming from someone who fully understand the game, we always have to observe and not to be too much excited but be wise in order to be safe just in case trapped is present once more.