The recent moves with BTC and ETH are really outrageous. The day before yesterday, the Long-Short Ratio was still 4:1, and the market sentiment was very optimistic, but today it has flipped to 1:4. The pace of this change is just too fast; there is definitely someone controlling the market trend behind the scenes.

Interestingly, after looking at the on-chain data, the institutional funds in the U.S. haven't really moved, and the selling pressure is quite light. The real force behind the sell-off is the funds active during the Asian trading session. Personally, I suspect that there are quite a few market makers in the domestic market stirring things up, harvesting liquidity from both sides through quick reverse operations. This kind of play is very unfriendly to retail investors, as they can easily get caught off guard and be hit from both sides.

BTC1.36%

ETH-0.43%

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MiningDisasterSurvivor

· 19h ago

It's the same old game from the market makers that I've experienced before. It was like this during the mine disaster in 2018, and now it's just a different disguise but the same flavor. Retail investors really have no chance, they are just caught in the middle acting as a human ATM.

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LayerZeroHero

· 19h ago

I'm tired of the way Asian funds meddle in this trap; retail investors are always the ones who get taken advantage of.

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ThreeHornBlasts

· 19h ago

It's the same old trap; retail investors are always the last to know.

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