...It is important to note that these tactics are illegal in the regulated stock market exchanges. As the cryptocurrency world faces more regulations as time goes on, It is safe to say that the whales will eventually lose their power to manipulate the market so readily and easily.
Obviously, it will take a long time before such manipulations in the cryptocurrency market will be prohibited by law, just as it is prohibited in the stock market. And until this happens, traders must adapt to the manipulation of large capital, opening orders in the same direction as the whales.
Currently, we do not know in which direction the BTC will move further. It is necessary to observe in which direction bitcoin will go out of the range of 30-40 thousand dollars. Obviously, the movement will continue in the direction of the exit.