Always remember that Inducements are ways to break the consolidation phases. Ranging markets tend to create strong liquidity in both support and resistance areas without giving a clear trend direction. So in order to break this, market movers create this move to provide a new clear direction.
As we can see in this Daily Chart of BTCUSDT, we're seeing a rising wedge pattern narrowing down, many investors are looking at this pattern currently and has been decreasing their trading volume to watch if there is going to be a false move or a huge down move. However, despite of it great pattern, we are still currently seeing that there's already a huge...