algorithmicmeltdown

$BNB - Today is the perfect storm I was counting on. Someone will crash, while someone gains new opportunities.

When the market collapsed, market makers trade against those who know more or react faster (large funds or insider algorithms). Professional arbitrageurs will 'feed' it cheap BNB a second before the price drops another 2%.

If the market maker's algorithm 'hangs' for a few seconds due to API overload from exchanges, it can find itself in a position worth millions of dollars without the ability to place a protective order. This is the road to bankruptcy.

Today is indeed the day of the 'great sorting'. Large players like Wintermute or Jump Crypto usually have a huge buffer, but smaller algorithmic firms may very well cease to exist today.

'When the tide goes out, you can see who was swimming naked.' ☝️
According to technical parameters, we are currently entering the zone of critical support.

The nearest level: $745 – $750.

Extreme scenario: If panic escalates, the next stop is $627 – $640.

Most likely, we will see consolidation (sideways movement) in the range of $750 – $790 over the next 24 hours.
There are no mass purchases by whales at this level.
#AlgorithmicMeltdown