People can’t get used to the rise—everyone shorts and doesn’t trust the market. Any pump is seen by them as an opportunity to enter a counter-trade against the trend.
Remember those posts about psychology?
Here it is, right in front of you—the thing described there.
A bearish market has trained all of us to look down so well that today you won’t see the euphoria that, it seems, should already be starting.
And during major corrections, it also doesn’t start on moves like these. The market maker will do everything nicely: first they’ll wipe out all the awakened bears, and only then will they start cutting the longs of those who suddenly decide to change direction—after first losing money on shorts.
It shouldn’t surprise you how the absolute majority, who waited here for the altseason for a few years, now is losing deposits on the opposite move? 😉
Now it’s just a matter of convincing everyone that it won’t go lower—then completely flip the crowd, which will be joined by an army of new passengers who will bring their money here with complete confidence in wealth and unprecedented “x’s”…
When will they show up?
Well, according to the classics: $BTC will break the round number at 100,000, the news feeds will pick up another hype, and Michael Saylor will say we’re going to 500,000.
But not all at once—watch…