The recent decline in BTC has raised doubts among many market participants about the reasons for this decline. While some believe it is a normal adjustment, it may actually require more careful calculation and consideration. Let's delve into the motivations that shape this situation. The role of institutional players in participating and manipulating the market Cryptocurrency markets, especially BTC, are heavily influenced by institutional traders and high-net-worth individuals. These 'whales' typically leverage global events for their own profit. One such event in 2024 was the election of Donald Trump, which triggered various speculations about the future trajectory of BTC. In the months leading up to Trump's victory, stories supporting BTC, including endorsements from celebrities like Elon Musk, emerged. Promises of favorable regulations and broader adoption sparked optimism and attracted retail and institutional investors to the market. At the same time, US financial institutions have rationalized the act of purchasing BTC, attracting more participation. However, the increase in demand is not accidental. Organized players, with significant purchasing power, carefully planned their entry and exit strategies. When BTC reached the range of $105,000 to $108,000, many of these players began liquidating their positions, gaining substantial profits. This dumping led to a series of sell-offs, resulting in the current phase of price decline. What does this mean for retail investors? If you are a day trader or long-term investor, there is no reason to panic. Despite the temporary decline, the fundamental factors of BTC remain strong. #2024 Gate.io 年度账单 #与动态一起迎圣诞 #USUAL和MOVE逆跌上涨,你看好吗?
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The recent decline in BTC has raised doubts among many market participants about the reasons for this decline. While some believe it is a normal adjustment, it may actually require more careful calculation and consideration. Let's delve into the motivations that shape this situation. The role of institutional players in participating and manipulating the market Cryptocurrency markets, especially BTC, are heavily influenced by institutional traders and high-net-worth individuals. These 'whales' typically leverage global events for their own profit. One such event in 2024 was the election of Donald Trump, which triggered various speculations about the future trajectory of BTC. In the months leading up to Trump's victory, stories supporting BTC, including endorsements from celebrities like Elon Musk, emerged. Promises of favorable regulations and broader adoption sparked optimism and attracted retail and institutional investors to the market. At the same time, US financial institutions have rationalized the act of purchasing BTC, attracting more participation. However, the increase in demand is not accidental. Organized players, with significant purchasing power, carefully planned their entry and exit strategies. When BTC reached the range of $105,000 to $108,000, many of these players began liquidating their positions, gaining substantial profits. This dumping led to a series of sell-offs, resulting in the current phase of price decline. What does this mean for retail investors? If you are a day trader or long-term investor, there is no reason to panic. Despite the temporary decline, the fundamental factors of BTC remain strong. #2024 Gate.io 年度账单 #与动态一起迎圣诞 #USUAL和MOVE逆跌上涨,你看好吗?