$BTC
Traditional tools for technical analysis no longer perform with the same efficiency because the "liquidity identity" itself has changed..
When retail money was the main driver of crypto, human emotions (fear and absolute greed) were the fuel, and "Fibonacci" analysis and momentum indicators like the EMA translated this psychology brilliantly.
Today, however, we face cold algorithms and hedge funds managed with billions of dollars that know no emotion—they move according to portfolio-balancing equations and institutional risk management.
Traditional tools for technical analysis no longer perform with the same efficiency because the "liquidity identity" itself has changed..
When retail money was the main driver of crypto, human emotions (fear and absolute greed) were the fuel, and "Fibonacci" analysis and momentum indicators like the EMA translated this psychology brilliantly.
Today, however, we face cold algorithms and hedge funds managed with billions of dollars that know no emotion—they move according to portfolio-balancing equations and institutional risk management.