Step 1: Whales prop the price with big walls unloading bags the whole way up.
Step 2: Push the price through 10k because everyone thinks the price will continue up once 10k is broken.
Step 3: Put in massive short.
Step 4: Market sell remaining stack at 10.1K - 10.2K or whenever the buying seems to be cooling off.
Step 5: Watch chaos ensue and rake in the money on the way down.
TA screams down and I imagine it's just fomoers buying right now. If a whale doesn't do this then someone from wall street will when futures get rolling. No way institutional investors will come in and pay this crazy premium when it's clearly overbought.
Step 2: Push the price through 10k because everyone thinks the price will continue up once 10k is broken.
Step 3: Put in massive short.
Step 4: Market sell remaining stack at 10.1K - 10.2K or whenever the buying seems to be cooling off.
Step 5: Watch chaos ensue and rake in the money on the way down.
TA screams down and I imagine it's just fomoers buying right now. If a whale doesn't do this then someone from wall street will when futures get rolling. No way institutional investors will come in and pay this crazy premium when it's clearly overbought.
Trade closed: target reached