Davide
@0xdavide
ππIn these months for those who trade "seriously" there are many losses because the market (especially ETH) is heavily manipulated. There are many false movements (breakouts: bull and bear traps) and liquidations. These large liquidations occur in one direction, then the market restarts in the opposite direction. Both "short" and "long" are liquidated.All this with BTC remaining immobile in its 87-103k range. Regarding the spot market, doing "buy the dip" on ETH and altcoins with BTC practically stationary exposes you to enormous risks if BTC breaks down and seriously retraces. If BTC retraces, assuming that 2025 is a bullish year, there you can do "buy the dip" on BTC, ETH and some altcoins. However, as long as BTC remains in its range with ETH and altcoins drying up...the risk is very high.
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Davide
@0xdavide
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MTH
@mthch
That's quite a depressing picture. When you say the market is manipulated, what evidence is there for it?
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