Wales determines the weaknesses of the participants in the cryptocurrency market Flash news details

On March 1, 2025, Altcoin Gordon, a prominent personality in the encryption space, around whales that actively seek to exploit the market weaknesses. This statement was made at 10:45 AM UTC, highlighting the continuous predatory nature of the big investors in the encrypted currency markets (Source: X Post by Altcoin Gordon, 1 March 2025). In the past 24 hours preceding this statement, Bitcoin (BTC) witnessed a significant decrease in prices from 65,000 dollars to $ 62,500 at 8:30 am International time on March 1, 2025, with the trading volume increased from 15 % to $ 25 billion (Source: Coinmarketcap, 1 March 2025). ETHEREUM (ETH) followed a similar trend, as it decreased from 3800 dollars to $ 3650 during the same period, as trading volume increased from 12 % to $ 10 billion (Source: Coingecko, 1 March 2025). The BTC/USDT trading pair on Binance showed an increase in sales orders, as the purchase volume exceeded 30 % at 9:00 am UTC (Source: Binance, 1 March 2025). Meanwhile, the ETH/BTC pair on Coinbase showed a 5 % increase in trading volume, reaching $ 1.5 billion at 9:15 am UTC (Source: Coinbase, 1 March 2025). Bitcoin chain on the series indicated a rise in transactions that exceed $ 100,000, with 4,500 of these transactions recorded at 8:45 am UTC, indicating whale activity (Source: Glassnode, 1 March 2025). ETHEREM’s data on the series showed a similar trend as 3200 large transactions were recorded at 9:00 am UTHOD (Source: ETHERSCAN, March 1, 2025). The RSI of BTC was 35 years old, indicating a traffic condition at 9:30 am UTC, while RSI was in ETH in 38 years, which also indicates an front market (Source: Tradingvief, 1 March 2025). The MacD of BTC showed a declining cross at 9:45 am UTC, confirming more Habbudian feelings (Source: TradingView, 1 March 2025). Bollinger for ETH domains widened, as the price touches the bottom of the base at 10:00 am International time, indicating an increase in fluctuation (Source: TradingView, 1 March 2025). The fear and greed index of the encryption market fell to 30, reflecting the extreme fear among investors at 10:15 am UTC (Source: Alternative.me, March 1, 2025). These indicators collectively indicate that the market is under pressure from whale manipulation, and traders must be cautious about the possible decreases.
The effects of Altcoin Gordon’s statement and market movements are important to traders. Reduce rapid prices in bitcoin and excitement, as well as increasing trading volumes, indicates a possible step by whales to exploit the market weaknesses. This behavior is especially clear in the BTC/USDT pair on Binance, as the sales volume dramatically over the purchase. Traders should be careful of similar patterns arising in other major trading pairs such as ETH/USDT and BTC/ETH. The scales on this chain support, as this height in large transactions, indicates that whales move actively, and may benefit from selling the panic that followed. The excessive sale conditions that RSI refer to each BTC and ETH indicates that short -term recovery can be possible, but the BTC dumping MACD and extended Bollinger gangs for ETH indicate that the downward momentum may continue. Merchants should think about putting stops to reduce possible losses, especially in light of extreme fear reflected in the index of fear and greed. In addition, monitoring the depth of the request for major exchanges such as Binance and Coinbase can provide an insight into potential support and resistance levels, helping merchants to make enlightened decisions among this volatile environment.
From a technical perspective, market indicators provide a clear picture of the current landmarks. RSI readings for both BTC and ETH in the excessive sale area indicate that the market may be due to a correction, but the BTC dumping Mac and the fluctuations indicated by Bolleinger for ETH domains indicate that the downward trend can continue. The trading volumes of BTC and ETH have increased significantly, as BTC size reaches $ 25 billion and the ETH size reaches $ 10 billion. This increase in size, along with the volume of sale that exceeds the purchase volume on the main trading pairs, indicates a strong sale pressure. The scales on this chain support, with the high number of large transactions indicating whale activity. Traders should pay close attention to these technical indicators and size data to effectively move on the market. For example, if the relative strength indicators start to rise from the current sales levels, it may indicate a possible recovery in the short term, but the total dumping trend should not be ignored by MACD and Bollinger domains. In addition, observation of fear and greed index can provide an insight into the market morale, which is currently at a high level of fear, indicating that merchants should remain careful and be prepared for more fluctuations.
https://image.blockchain.news/features/DC3788979712BF4DFF603597AAC46E7C52F8B5EF76BC21453D757F37CDB271FE.jpg