Detecting Market Maker Activity Near Key Levels in Cryptocurrency Trading

If I approach a key support or resistance level and notice a significant, unusual increase in trading volume, I interpret this as a potential indication of market maker activity. This could suggest manipulation or strategic accumulation in the cryptocurrency market, often referred to as 'Crypto Narnia' (18+), implying that larger players might be influencing the price moves.

Recognizing atypical volume spikes at critical levels can be crucial for traders, as it might signal upcoming volatility or trend reversals. Such signals are especially important when they occur at psychologically important levels, where market makers may seek to trap retail traders or shift market sentiment for their benefit.

Understanding this pattern can help traders make more informed decisions, potentially avoiding false breakouts or preparing for significant moves driven by large institutional players. It highlights the importance of monitoring volume behavior in conjunction with technical levels to anticipate possible market manipulations or strategic accumulation phases.