Classic Bitcoin manipulation playbook right there. First they wipe out the long positions with a sharp drop, then they're setting up to hunt the shorts on the way back up. This liquidation cascade is textbook market maker behavior - flush out overleveraged positions on both sides and collect the liquidity. Anyone who's been trading BTC long enough has seen this pattern repeat itself countless times.
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BlockchainFoodie
· 11h ago
ngl this is giving me major "sous vide the market" vibes... like they're literally temp-managing both sides of the order book, letting it reduce down until only the essential flavors remain lol. seen this recipe played out too many times, honestly
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SingleForYears
· 12-07 19:52
After playing with crypto for so many years, I’m really familiar with these tricks.
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GasFeeTherapist
· 12-07 19:51
Seen it too many times. It’s always the same routine: first liquidate the long positions, then take out the shorts, and in the end, all the fees go to the market makers.
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GasOptimizer
· 12-07 19:51
Dumping before pumping, a classic case of market makers squeezing both ends. You can tell there's a pattern in the data, and the timing is incredibly precise.
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WenMoon42
· 12-07 19:37
Damn, it's the same old trick again. Every time it's the same routine—I'm really tired of it.
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SchrodingerGas
· 12-07 19:35
This trick is already played out. Every time, they first crush the longs and then take out the shorts—classic market maker liquidity mining. The on-chain data has already spelled it out; as soon as liquidation cascades appear, you should get out.
Classic Bitcoin manipulation playbook right there. First they wipe out the long positions with a sharp drop, then they're setting up to hunt the shorts on the way back up. This liquidation cascade is textbook market maker behavior - flush out overleveraged positions on both sides and collect the liquidity. Anyone who's been trading BTC long enough has seen this pattern repeat itself countless times.