Manipulation on Peek - What You think ?

[MCUKing]

I was wondering why the market is falling even after the pause on the interest rate by FMOC. There were fundamental reasons even which can dump the market and negative sentiments were as well under control. I was trying to find some reasons and found many things interconnecting with each other. The primary reason was market manipulation.

Centralized Market Manipulation


As we know that some sites and unofficial sources before the meeting confirmed that there will be no change in the interest rate. So as the predictions were clear most of the traders were expecting the pump in the market so I was as well, Centralized Exchanges took advantage of the trader's sentiments and tried to push BTC below its major support level to liquidate the future trades. As always the market is somehow manipulated by the exchanges.

Curve Finance's Fud

There is Fud ongoing related to the CRV as we know a huge amount of the total supply is owned by the founder of CRV and he took a loan from Aave Aave by providing 289M CRV supply as collateral and took a loan of 63M USDT against his collateral. Now CRV market is continuously falling down and there is a huge risk of the liquidation of the Laon Collateral if it happens CRV will fall freely because there are no buyers in the market and it will make a great impact on the overall market. This was also a prominent reason I found that some retailers and maximum institutional market holders are taking an exit.

Reference

Whales Playing Dirty tricks again

ETH was dumped at high and again here we found a manipulation by the whale, He is not only manipulating the ETH but also trying to put pressure on CRV Finance and 3 POOL (Stablecoin liquidity pool). A whale is continuously taking the sell trades on USDT on 3Pool to put pressure on the liquidity and there are high chances if the whale continues their manipulation that USDT might get depressed again and it will bring a huge disaster in the market. Even my fears are market won't be able to hold on to the current support level.

Reference

[Dr.Bitcoin_Strange]

I was wondering why the market is falling even after the pause on the interest rate by FMOC. There were fundamental reasons even which can dump the market and negative sentiments were as well under control. I was trying to find some reasons and found many things interconnecting with each other.

Tell me you are not aware of the U.S. government trying to crack down the use of crypto. Also, you are not aware of the issues with some exchanges being charged by the SEC. It's suggested that all these recent activity is what is contributing to the price decline in the crypto market.

Just tonight, one user here just mentioned the quote below, that most people are not even aware of the recent happenings in the crypto space, and I had doubts that it was a very accurate assumption, but indeed, it is just the truth.

What surprises me now is that despite what is happening, some people are not really even aware that Binance has been charged by SEC, but yet, those users are heavily loading up coins on their CEX accounts. They are not heeding to the warning, "Never store coins on CEX."

The primary reason was market manipulation.

LoL 😆😂

[UchihaSarada]

I was wondering why the market is falling even after the pause on the interest rate by FMOC. There were fundamental reasons even which can dump the market and negative sentiments were as well under control.

You found a point. Market falls and downs because of interest rate. Interest rate increased many times, market falls many times. Interest rate paused to rise more, market falls. What is a correlation between interest rate and the market trend. Nothing else except psychological effect which is exploited by market makers to manipulate the market.

I was trying to find some reasons and found many things interconnecting with each other. The primary reason was market manipulation.

They are not convincing reasons and are not real reasons. Don't try to explain market falls with what you find because those events, news are planned to release as part of plan to make you feel the market has good reasons for its fall.

[mk4]

Contrary to popular opinion, there doesn't need to be a specific reason for a market to drop in price to be able to justify it. Why is it always manipulation when prices are going down, but it's all fine and dandy and no one questions it when prices are going up?

[Tytanowy Janusz]

As we know that some sites and unofficial sources before the meeting confirmed that there will be no change in the interest rate. So as the predictions were clear most of the traders were expecting the pump in the market so I was as well,

if everyone expects it to go up after the news...it's logical that it shouldn't. Anyone who expect it to pump after news will frontrun this event to earn as much as possible don't you think? So the price will start to rise earlier. When will they take profits? After the news. Trading the market is not about reacting to the news, but about predicting it 6-12 months in advance to take profits where most investors think it's about to go up.

From a logical point of view, it is not possible for the price to pump when everyone thinks it will, because it contradicts the fact that the stock market is a zero-sum game and the profits of one investor are the loss of another (and even negative-sum game, taking into account exchange commissions, market makers and arbitrage traders profits)

[michellee]

Let's think that it wasn't the whales that did it but because the traders panicked after they read all the news out there that they thought something would happen to the crypto market. Currently, there are not many whales capable of moving the market because to do so, they would require a very large amount of funds (we are talking very large amounts of money).

The situation now is different from a few years ago, when whales could move prices in the market in past years because not many traded in the crypto market. But ever since Bitcoin rose to $20k, many people from the stock market and others have entered the crypto market. They don't know how the crypto market moves so if they get news, they panic because they think the same thing will happen in the crypto market.

You could say that it is because of centralized market manipulation. But is that really what happened? We don't know for sure. We can only guess. And for now, we should be wise in looking at situations and conditions and not panic when everything goes differently from our analysis. And the important thing is that we can still use the moment of decline to buy and sell it when the moment of increase occurs.

[adzino]

The crypto market indeed is a very volatile market, and it doesn't always respond in predictable ways to different events like the one you mentioned, FEDs interest rates. One event might send prices soaring one day, and the same thing happens, we might see something else. We might see it have no affect at all, or in worst case scenario, we might see the price dropping like it happened this time. As for manipulation, yes it is certainly possible that whales or centralized exchanges might shake the market a bit, but it is usually short-lived. They usually tend NOT to be very manipulative because it might backfire them, and eventually in the long run, the whole market together, gains more control over those whales.

[TheUltraElite]

Why is it always manipulation when prices are going down, but it's all fine and dandy and no one questions it when prices are going up?

The human nature to see a downtrend as something bad or that someone out there made them lose the money invested by playing tricks on things they cannot control.

This is common in speculative trading and there the hunt for reason is futile here. But most wannabe traders cannot digest this fact without passing some obnoxious smelling wind.

I suggest users to treat them as just numbers going up and down, dont ask why its cycling like that. Then follow the buy low and sell high method and make your money. The patient waiting time in between will vary and that needs to be endured.

[Husires]

it may not be manipulation, especially since the price did not change strongly, and therefore if it was manipulation, it is not profitable, especially since the price did not change except by 3%, which appears as a daily and usual trading pattern. there has been a lot of regulation in the past weeks with the possibility of more exchanges leaving the US, more individuals have already liquidated what they have or are moving away from the platforms for the time being so we have not seen an increase in the price but rather an attempt to hold the previous support levels although options are still open for the price to re-test prices close to the resistance level.

[MCUKing]

I was wondering why the market is falling even after the pause on the interest rate by FMOC. There were fundamental reasons even which can dump the market and negative sentiments were as well under control. I was trying to find some reasons and found many things interconnecting with each other.

Tell me you are not aware of the U.S. government trying to crack down the use of crypto. Also, you are not aware of the issues with some exchanges being charged by the SEC. It's suggested that all these recent activity is what is contributing to the price decline in the crypto market.

Haha i wasn't expecting the senior to be so bad in analysis, SEC made its action on the 5th of June market crashed then in 24 hours made a decent pull back try but failed and bro for you information market did a good recovery after that event event it was back on track. So you are saying to me that 5th of Junes impact made market crash again last day. I don't think so you are really getting the point or not, my topic was related to the FOMC pause on the interest rate and even with no negative news and positive trading emotion market crashed then i discovered these reasons behind the scene (since Last 24 Hours of my Topic).

Hope so you've got it if not and still trying to rush on rather than understanding the domain I cant help you. Try to read patiently  haha not by just reading the title.

Just tonight, one user here just mentioned the quote below, that most people are not even aware of the recent happenings in the crypto space, and I had doubts that it was a very accurate assumption, but indeed, it is just the truth.

What surprises me now is that despite what is happening, some people are not really even aware that Binance has been charged by SEC, but yet, those users are heavily loading up coins on their CEX accounts. They are not heeding to the warning, "Never store coins on CEX."

Haha So should i file a case against that user. 

The primary reason was market manipulation.

LoL 😆😂

Pretending, to be cool but its really not believe me dear.
Don't worry I will make sure that you'll learn on responding to something serious by my content. So stick to it.

[palle11]

Market will always find a reason to fall for many to discuss it. There have been various biase for the falling reason of which some conclude interest rate to be the cause, some point to the cryptocurrency exchanges like binance and coinbase under the watch of US government. Whatever may be the case, I think it is natural to find a reason to discuss on the fall, it is also the same when price begin to increase and different reasons like Elon musk and other whales going into the market. It is better to understand that the crypto market is about rise and fall, don't depend on the reason to buy or sell because it will not matter but depend on your DCA strategy.

[SamReomo]

A whale is continuously taking the sell trades on USDT on 3Pool to put pressure on the liquidity and there are high chances if the whale continues their manipulation that USDT might get depressed again and it will bring a huge disaster in the market. Even my fears are market won't be able to hold on to the current support level.

I don't think that a while could manipulate the whole market unless if he is Elon Musk or someone with that much capital to dump the market. I would rather go with exchanges than a whale because the exchanges wouldn't let the BTC's price to go up and if it goes up then many of the futures traders with huge leverages will earn a lot from their open positions.

The market may see another dump but the chances are very low for that to happen. I think the market will recover once again from this pressure and the BTC will gain some more dollars in its price in coming weeks. This time the pump will be of a slow nature but it will most likely happen. There are some chances for a small dump again, but that won't impact the market by huge levels.

[wxa7115]

Contrary to popular opinion, there doesn't need to be a specific reason for a market to drop in price to be able to justify it. Why is it always manipulation when prices are going down, but it's all fine and dandy and no one questions it when prices are going up?

True, while traders and investors try to find a justification about why the price moves the way it does, most of the time this is done after the fact, basically the price first present a movement and then people try to find a reason for it.

And while sometimes we can indeed explain some of the movements of an asset and trace it back to some kind of fundamental news, I am convinced the majority of the time the movements we see on the market simply happen due to the supply and demand, and no other factor mattered at all.

[justdimin]

I was wondering why the market is falling even after the pause on the interest rate by FMOC. There were fundamental reasons even which can dump the market and negative sentiments were as well under control. I was trying to find some reasons and found many things interconnecting with each other.

Tell me you are not aware of the U.S. government trying to crack down the use of crypto. Also, you are not aware of the issues with some exchanges being charged by the SEC. It's suggested that all these recent activity is what is contributing to the price decline in the crypto market.

Just tonight, one user here just mentioned the quote below, that most people are not even aware of the recent happenings in the crypto space, and I had doubts that it was a very accurate assumption, but indeed, it is just the truth.

I could write a whole essay on why I think what government is doing right now is connected to some rich person trying to manipulate the market and that is why we are seeing this, and then we are going to see something good which means the whale already bought at the bottom he caused and want to sell at the peak he helped build as well.

But, it is not going to be an interesting to say because it's a full on tinfoil hat theory that I do not have any data to back it up. If we could see who Gary has been getting paid from, legally as donations but also illegally as well which is the hard one, then we can find who caused all this stir up as well, they wanted him to do this and he did it because he was bribed by them, which they will make more money back again.

[slaman29]

Man OP you really really like to say "as we know" or "as we all know" but you're talking a lot about stuff most of us don't care about.

People point out that we should look at shitcoin projects because Bitcoin still feels the heat (best example was Luna/Terra last year). But honestly, the effect on Bitcoin is temporary, the bigger problem isn't manipulation in shit projects but the global economy overall. And regulations, like if the US is really going down hard on Bitcoin (not just crypto).

[Woodie]

I don't think everytime a coin goes down then it has to be the whales, No!!

A few years back when we had bounties paying handsomely,  you would find that whenever these guys got paid and chose to sell, a market dip was felt without the so called whales lifting a finger...which tells me sometimes its not always them but the small retail traders making small moves with big impacts and that's one characteristic of cryprocurrencies!

And besides, markets are never keep going up like a tree growing, sometimes it will dip because buying and selling is continuously happening more like a tag of war, whoever wins commands the market direction for that moment .

[cryptoaddictchie]

I don't think everytime a coin goes down then it has to be the whales, No!!

When it goes down majority are selling for whatever reason it is. Either its, fud, time to sell from a trade or someone had to withdraw for mortgage. People always says that manipulation is being on hand. Maybe it is, surely some are doing these but we cant prove for a while and if someone discovered its already done. But what a point to complain if its irreversible though right? Market up and down still 1btc =1 btc.

[hugeblack]

Almost now, the price has returned to its normal levels, and the reason for that is that these legislative regulations were not primarily against bitcoin, but rather against stocktaking. Therefore, the price has not changed, and in view of the trading volumes, they are few in order to break the resistance barrier, which means that the weak hands have already sold and all those present are waiting The soonest opportunity to buy more.

It is a state of parity in the market and there is no panic selling, so the price has stabilized.
I also think that Binance is the reason for the recent decline in an attempt to maintain the stability of BNB.

[UchihaSarada]

Almost now, the price has returned to its normal levels, and the reason for that is that these legislative regulations were not primarily against bitcoin, but rather against stocktaking.

They want to have more regulations to tighten this industry and cryptocurrency market but they don't plan to kill cryptocurrency industry completely. It is big difference and I have different view than people who panic sell. More legislative regulations will make this industry and market better. Because in future, with more legislative regulations, people will be protected more and scammers will have less free space to launch their scam projects without regulatory punishments.

Therefore, the price has not changed, and in view of the trading volumes, they are few in order to break the resistance barrier, which means that the weak hands have already sold and all those present are waiting The soonest opportunity to buy more.

Weak hands will need more bad news in coming months to be shaken out of the market. We are counting down a several last months until the 2024 halving in May next year. I would feel happy if the market has less old weak hands from 2021 till 2023 as it will help the market becomes lighter and more easily to take off in 2024.

[AicecreaME]

There are so many FUDs happening right now that cause the market to dump aside from cryptocurrency's volatility. It's always happening, every bear season, so it's not even knew to me, it's normal. Well, for newcomers, this might give them a panic attack and do panic selling, which can't be help I guess, so the best thing to do is to pause trading for a little bit if you're confused on what's going on with the news and market.