Whales manipulate the market by
- Walls: buy walls and sell walls. With such, they will create temporary and fake support and resistance. Then price will be hold in between buy and sell walls. When times is on, those walls will be removed by whales or be eaten up by market participants (fomo or panic).
- News: they release news to buy up and break resistance or break down the suppport walls.
- Policy, regulation-related news: we are in eventful time with lots of fud, news from policies, regulations, crackdown, arrest, lawsuits, etc. Any coincidene, please think of it.
Said it right, those factors are crucials since whales can decide which directions that want to bring the market,
Those things are the information where traders and investors keeps on following without any knowledge that whales hi-jack such
to favor the influence that theywanted to bring inside the market, with huge amount of money that they can bring inside the table
it isn't hard for them to do so.