The main critical signs of this crescendo are low and stagnating prices accompanied by the weakening volume of transactions both the current and the projected ones for the upcoming quarters. The manipulation largely follows the same game plan of a couple of weekly short-breathed P&D succeeded by annoying spoofs and apparently foolish wash trades.
Some cryptobots are still profiting from yet possible arbitrage thanks to tiny but evanescent spread across the exchanges but the overall scene remains problematic.
- A first relevant question is whether there is any actual endgame in sight for this apparent trade lullaby.
- The other question is whether bigger exchanges are doing some heavy lifting underneath to keep things going as they are, and why.
- Last but not least: Who is strategically benefiting from this enforced (temporary?) stagnation and bearish cryptomarket?