Crypto analyst NoLimit has shared his perspective on the recent price declines for Bitcoin, Ethereum, and Dogecoin, pointing to potential market manipulation. He observed a pattern where these cryptocurrencies record gains only to give them all back.
In a post on X, NoLimit suggested Bitcoin’s price is falling because Binance is buying while Coinbase is selling a large amount of BTC. This drop in Bitcoin has pulled down Ethereum and Dogecoin prices, which often follow Bitcoin’s lead.
Analyst Points to Unusual Trading Activity
NoLimit highlighted unusual activity on exchange order books. He noted a massive, sudden spike in buying pressure (CVD) on Binance that didn’t appear to come from regular retail investors. At the exact same time, the buying pressure on Coinbase plummeted, indicating the exchange was selling BTC. This activity, he says, triggered the declines across all three cryptocurrencies.
He described a sharp Bitcoin price drop as liquidity was pulled, creating a thin order book. One platform was being aggressively bought on, while the other was being drained. NoLimit argued this isn’t normal trading flow and looks more like coordinated positioning, hedging, arbitrage, or outright manipulation.
According to his analysis, Bitcoin’s price reacted instantly to this activity, dropping, briefly pushing toward $94,000, and then falling again—a move that also dragged down Ethereum and Dogecoin. He warned that a group may be manipulating the market in a way most won’t notice until it’s too late.
When major exchanges show completely opposite net flows like this, it’s usually a warning sign, NoLimit stated. He believes the next significant market move is being set up before the public realizes it and urged traders to pay close attention.
Other Analysts Echo Manipulation Concerns
Another analyst, Vivek, has also suggested possible manipulation. He pointed out that Bitcoin has moved from $94,000 to $88,000 and back three times in recent days, liquidating over $200 million worth of both long and short positions. He views this as clear manipulation designed to wipe out leveraged traders on both sides.
Additionally, analyst Bull Theory recently accused Wall Street trading firm Jane Street of manipulating Bitcoin’s price. He observed a pattern where Bitcoin, Ethereum, and Dogecoin often dip right as the market opens before recovering later, suggesting the firm could be pushing prices down to buy at lower levels.
Frequently Asked Questions
Frequently Asked Questions on Bitcoin Ethereum and Dogecoin Prices
BeginnerLevel Questions
1 What are Bitcoin Ethereum and Dogecoin
Bitcoin The first and most wellknown cryptocurrency often called digital gold Its primarily used as a store of value and a medium of exchange
Ethereum More than just a currency its a platform for decentralized applications and smart contracts Its native currency is called Ether
Dogecoin Started as a meme its now a popular cryptocurrency known for its active community and lower price per coin
2 Where can I check the latest prices
You can check realtime prices on popular websites and apps like CoinMarketCap CoinGecko Yahoo Finance or the trading platforms themselves These update prices continuously
3 Why do crypto prices change so much
Cryptocurrency prices are highly volatile They are influenced by market supply and demand investor sentiment newsregulations adoption by companies and overall economic factors
4 Is now a good time to buy
No one can predict the market with certainty Its essential to do your own research understand the risks of volatility and never invest more than you can afford to lose Many investors use a strategy called DollarCost Averaging to manage risk
5 What does market cap mean
Market capitalization is the total value of all coins in circulation Its calculated as x It gives a better sense of a cryptocurrencys overall size and dominance than price alone
Intermediate Advanced Questions
6 What specific factors are moving Bitcoins price right now
Currently key drivers include
Institutional Adoption News from large companies or ETFs
MacroEconomics Interest rate decisions and inflation data
Regulatory News Government statements or policies on crypto
The Halving Cycle Bitcoins periodic reduction in new coin creation