What does the temptation to bullish in the currency circle mean? A popular introduction to the bullish temptation in the currency circle

"Bull luring" is the behavior of market makers or main players to attract retail investors to buy at high prices and make profits through market manipulation. Characteristics of identifying "bully-inducing" behaviors include sharply increasing currency prices, creating false breakthroughs, huge transactions, and matching good news. The purpose is to let retail investors buy at high prices, and then market makers sell at high prices to make a profit. Ways to avoid the "bully lure" trap include: be cautious about large increases, pay attention to technical indicators, pay attention to market sentiment, maintain stop losses and invest in yourself.

What is "luring more"?

In the currency circle, “bullying” refers to the market manipulation behavior taken by bookmakers or main players in order to get retail investors to buy a certain cryptocurrency.

How to identify “bullying” behavior?

The "bully lure" operation thường shows the following characteristics:

• Significant increase in currency prices: The dealer uses large-amount buying orders to quickly increase the currency price and attract the attention of retail investors.
• Creating false breakthroughs: The currency price breaks through the key resistance level, but then quickly falls back, giving retail investors the illusion of a successful breakthrough.
• Huge volume of transactions: Marketers create trading volume through large amounts of buying orders, making retail investors think that the market is enthusiastic.
• Coordination with good news: Marketers may spread good news, such as investment by large companies or the release of new features, to justify the rise in currency prices.

What is the purpose of "inducing more"?

The purpose of the "bully lure" manipulation is to let retail investors buy at high prices, and then the market makers sell at high prices to make a profit. Retail investors are often blinded by rising momentum, ignore market risks, and ultimately bear losses.

How to avoid the "bully lure" trap?

• Be cautious about large increases: Don’t be easily carried away by the rapid rise in currency prices.
• Pay attention to technical indicators: Use technical analysis tools to identify potential resistance and support levels.
• Pay attention to market sentiment: Be wary of overly optimistic or panicky sentiments, which may be signs of "bullishness".
• Keep stop loss: Set stop loss orders to limit losses and avoid heavy losses in the "bully lure" trap.
• Invest in yourself: Continuously learn about cryptocurrency, improve market insights, and avoid becoming a victim of "bully bait" manipulation.

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