BTC and ETH spot prices experienced unusual volatility on the 1-minute chart this morning, with single-minute fluctuations exceeding 3% at one point.

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According to TechFlow TechFlow, on February 8th, market data showed that BTC and ETH spot prices experienced significant abnormal fluctuations between 00:05 and 00:17, with single-minute amplitudes exceeding 1% multiple times, and even reaching 3% at certain moments.

Some market analysts believe that such high-frequency, continuous, and drastic short-cycle fluctuations may be related to the malfunction of market makers' grid trading strategies, which amplify price volatility during periods of relatively high liquidity.

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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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