Over the last 2 hours Binance has experienced a series of very interesting and rationality shaking pumps. SYS, APPC, SNT, MCO, CHAT, GAS all experienced extreme pumps temporarily that are causing chaos in the minds of the market right now.
It seems like more Coins are getting pumped every minute
It's interesting to note that all of these pumps came one after another within a 30 minute window. The chosen inital form was that of an extremely long one minute candle followed by one or two of the same averaging out around a hundred percent gain in that time frame followed by an extremely sharp drop.
In fact if you look across all across the market you will see that there are many large 1 minuet candles this around 17:00 and 16:00.
This behavior is not normal. Exact reason as to why this is happening is not fully known by those who are not making these orders but you can be damn sure that there's some form of market-making happening right now.
With high probability we're going to see even more strange out of the blue pumps.
Someone is floating around millions of dollars, perhaps trying to start the market
be careful trading out there this is an extremely crazy situation that is going to send the whole Market into a frenzy and reset people sentiment in such a way that the prior ta that we've been following are essentially invalidated at this moment.