Do you know why BTC immediately turned around as soon as it surged?
Before the two previous big bull markets, it was like the calm before the storm. After rounds of reshuffles washed out the small pieces, the market was reshuffled. But this time it was different. The adoption of the ETF was like a shot in the arm to the market, and BTC was directly pulled up.
But here comes the problem, this time the dishwashing is not thorough.
This is like a fierce boxing match. The two players are going back and forth in the ring, but one of them is not fully prepared and still bears the "scars" from the previous time.
Therefore, when the game enters a fierce stage, at the critical point of historical highs, this "game" will become even more stalemate.
The market will repeatedly wash the market in an attempt to clean out retail investors. Only when they leave can the market truly continue its upward journey.
Therefore, the current BTC market is undergoing a big baptism. Only after sufficient washing and cleaning can it usher in a real explosion!
