Next scheduled rescrape ... never
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Scraped on 16/05/2025, 14:45:53 UTC
the reason why the price hung down below$100k recent months is not lack of demand. but instead "WHALE WALLS"* creating a resistant barrier of large market orders whereby the price could not pass such limits.
*walls: super large orders created, cancelled and created, never to be filled but instead to cause a resistance limit of price movement
simply having the whales remove their walls allowed the price to move freely up
Whales can set up and remove buy or sell walls. Depend on their manipulations, those walls will be used as liquidation prices against traders who overleverage their trading positions.*walls: super large orders created, cancelled and created, never to be filled but instead to cause a resistance limit of price movement
simply having the whales remove their walls allowed the price to move freely up
In the market we have support and resistance and depends on market, resitance can flip to support and support can flip to resistance. Whales also use both Buy and Sell walls to keep price moving within their wanted range. Before whales moving their walls up or down, prices will be controlled well in their wanted range.
Original archived Re: Should we thank those who get FOMO?
Scraped on 09/05/2025, 14:45:58 UTC
the reason why the price hung down below$100k recent months is not lack of demand. but instead "WHALE WALLS"* creating a resistant barrier of large market orders whereby the price could not pass such limits.
*walls: super large orders created, cancelled and created, never to be filled but instead to cause a resistance limit of price movement
simply having the whales remove their walls allowed the price to move freely up
Whales can set up and remove buy or sell walls. Depend on their manipulations, those walls will be used as liquidation prices against traders who overleverage their trading positions.*walls: super large orders created, cancelled and created, never to be filled but instead to cause a resistance limit of price movement
simply having the whales remove their walls allowed the price to move freely up
In the market we have support and resistance and depends on market, resitance can flip to support and support can flip to resistance. Whales also use both Buy and Sell walls to keep price moving within their wanted range. Before whales moving their walls up or down, prices will be controlled well in their wanted range.