Home > web3.0 > How often does it usually take to pull the market in the currency circle?

How often does it usually take to pull the market in the currency circle?

WBOY
Release: 2024-07-16 11:32:56
Original
981 people have browsed it

The pull cycle is 1-3 days. Influencing factors include cryptocurrency liquidity, pull size, market sentiment and exchange support. Signs of the end of the pull are price pullbacks, declining volume, and whale selling.

How often does it usually take to pull the market in the currency circle?

Pulling cycle in the currency circle

In the currency circle, pumping refers to buying or selling a cryptocurrency in large quantities to artificially raise or lower its price. Pumping is usually done by traders or groups working together to profit from price movements.

The average cycle of pulling

The cycle of pulling in a currency circle can vary depending on a variety of factors, including the cryptocurrency being pulled, the size of the pull, and the level of trader participation. However, generally speaking, the typical cycle of pull trading is between 1-3 days.

Factors affecting the pull cycle

Factors that affect the pull cycle of the currency circle include:

  • Cryptocurrency liquidity: Cryptocurrencies with lower liquidity are easier to pull because less trading volume can have a greater impact.
  • Large scale: Large pulls require more trading volume and participants, so the cycle may be longer.
  • Market Sentiment: When market sentiment is positive, pull orders are more likely to be successful.
  • Exchange support: Some exchanges may prohibit or limit pull behavior, which will affect the cycle.

Signs of the end of the pullback

The pullback in the currency circle usually ends in the following way:

  • Price pullback: Traders start taking profits or selling, causing the price to fall.
  • Decline in trading volume: Trading activity decreases at the end of the draw.
  • Whale Selling: Large investors (whales) start selling their holdings, causing prices to fall.

The above is the detailed content of How often does it usually take to pull the market in the currency circle?. For more information, please follow other related articles on the PHP Chinese website!

source:php.cn
Statement of this Website
The content of this article is voluntarily contributed by netizens, and the copyright belongs to the original author. This site does not assume corresponding legal responsibility. If you find any content suspected of plagiarism or infringement, please contact admin@php.cn
Popular Tutorials
More>
Latest Downloads
More>
Web Effects
Website Source Code
Website Materials
Front End Template