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Bitcoin Sell Order Strategy Causes Market Fluctuations

When Bitcoin starts to decline, people immediately cancel all their high-volume sell orders; then, as Bitcoin begins to rise, they repeatedly place sequential high-volume sells. The reason behind this pattern is unclear to me.
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AI Analysis

The observed pattern reflects strategic behavior by traders aiming to manipulate or influence Bitcoin's price movements. When Bitcoin prices fall, traders often remove their large sell orders to preve...

AI Recommendation

Traders should consider the potential for manipulation in the order book when observing sudden large sell or buy orders. It's advisable to use a combination of technical analysis and order book data t...

Disclaimer

The AI analysis and recommendations provided are for informational purposes only. Any investment decisions should be made at your own risk. Past performance is not indicative of future results. Always conduct your own research and consider consulting with a financial advisor before making any investment decisions.

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