Arthur Hayes warns: Is Bitcoin being manipulated by ETF algorithms?
Brothers need to be extremely vigilant about what is happening with Bitcoin's price recently. The thing is, Arthur Hayes believes that the sudden selling pressure does not come from bad news or panic among retail investors, but from the risk management mechanisms of large banks related to BlackRock's IBIT ETF fund. When the price hits hidden "trigger points," algorithms will automatically dump positions in bulk to protect the banker, creating unannounced free-fall crashes. #anhbacong
We are entering an era where Bitcoin is no longer simply supply and demand. It is influenced by complex financial products from Wall Street. The thing is, if you still hold onto the old trading mentality from 2017, you will easily be swallowed up by these "big players." Don't rush to catch the bottom without determining where these trigger points are. Caution and the ability to adapt to new realities are essential conditions to avoid being "wiped out" in the blink of an eye amidst the derivatives whirlpool. $BTC
