TOTAL3 experienced a historic flash crash that impacted all altcoins, with most losing up to 25% within minutes before bouncing back.
This coordinated crash likely affected many cautious holders who had placed stop-loss orders at -10% to -20%, waking up to the unpleasant realization that they lost significant positions during the event.
This incident highlights the brutal nature of unregulated markets. Additionally, numerous leveraged longs were likely liquidated, particularly in the altcoin sector.
The $100 billion drop has undoubtedly caused widespread pain but could also inject liquidity into the market, potentially fueling a future upward move.
Leverage remains inherently risky, and stop-loss orders must be carefully monitored to avoid falling victim to these liquidity-grab tactics orchestrated by market makers.
In this market, it’s not just trading—it’s a battlefield. Stay vigilant.
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BlackRock and similar entities appear to be attempting to suppress the altcoin market by artificially pumping BTC to counter the natural chart trends.
The recent flash dump caused most altcoins to plummet by -20%, but BTC is now pumping while consolidating, which seems unnatural. Meanwhile, altcoins continue to underperform compared to BTC.
This strategy seems designed to drain liquidity from altcoins and funnel it into BTC. The likely next step could involve repetitive crashes of BTC to disrupt the altcoin bull run entirely.
This blatant market manipulation is both shocking and concerning. The significant bearish divergence on the charts strongly supports this theory.
Altcoin holders are being severely impacted by these tactics, which seem orchestrated to further inflate BTC at their expense. The chart speaks for itself—there’s little doubt that this is a carefully scripted maneuver by BTC billionaires.
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