1. What whales seek
The source describes whales as using retail-investor psychology to build large positions: buying when individuals sell in fear and selling when they buy out of greed.
2. Common patterns
Stop hunting
Price is briefly pushed below major support, triggering retail stops before immediately rebounding.
Spoofing
Large buy or sell walls create psychological pressure in the order book, then are canceled just before execution.
Wyckoff accumulation
📊 The Wyckoff cycle
1. Accumulation: Quiet buying.
2. Markup: Prices begin rising.
3. Distribution: Selling to retail participants.
4. Markdown: Prices fall.
3. Suggested responses
- Place stops slightly beyond major support or resistance in the source's framework.
- Disregard abrupt moves without volume confirmation.
- Base decisions on larger timeframes.