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.




