Price action is up; however, volume is declining. A clear indication that buyers are leaving. When prices are rising and volume is decreasing, it tells that a trend is unlikely to continue. Price may still attempt to rise at a lesser pace, and once sellers take control (which is usually signified by an increase in volume on a down bar or candle), prices will fall.
Let's set aside technical analysis and look at what's happening to our world. You might have the best technical analysis. However, there are so many factors that could have bad impact to the financial market. Inflation rates getting higher. Multi-billion companies laying off people. Humors of war. Could this be all sign of a great reset? Are we already in a recession? I think we already are.
How to dump billions of dollars?
Easy.
Phase 1: Make retail traders believe we are in a bull run despite of all the bad news that is going around the world (recession, war, inflation, etc...)
Phase 2: Slowly build up position without massively pushing the market down.
Phase 3: Finally, dump leaving retail traders with the bag.
Phase 4: Buy back in a much cheaper price.
Real bull cycle begins.
Market makers cannot buy or sell in an instant like retail traders do. They have to strategically program the market in their favor.
Let's set aside technical analysis and look at what's happening to our world. You might have the best technical analysis. However, there are so many factors that could have bad impact to the financial market. Inflation rates getting higher. Multi-billion companies laying off people. Humors of war. Could this be all sign of a great reset? Are we already in a recession? I think we already are.
How to dump billions of dollars?
Easy.
Phase 1: Make retail traders believe we are in a bull run despite of all the bad news that is going around the world (recession, war, inflation, etc...)
Phase 2: Slowly build up position without massively pushing the market down.
Phase 3: Finally, dump leaving retail traders with the bag.
Phase 4: Buy back in a much cheaper price.
Real bull cycle begins.
Market makers cannot buy or sell in an instant like retail traders do. They have to strategically program the market in their favor.