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How do you see the market next???
Next, the main forces are likely to maintain the current market condition — slightly raising the market to entice everyone's chasing mentality, but not providing substantial profits, causing increasing frustration, and finally, the last wave of adjustment will completely undermine confidence.
In terms of emotions, after experiencing a decline, many people start to speculate whether "the adjustment is complete and a rebound is coming." During this round of rebound, those who did not sell after chasing the highs have also become anxious—on one hand, they hope for continued growth, while on the other hand, they fear a pullback. This psychological state is very advantageous for the main players, as the market does not truly believe it can rise too much. As long as there is a slight negative news, many people will be unable to resist exiting.
Why operate like this? It's simple, the high leverage chips were just cleared in the early stage, and once a strong bullish candle appears, naturally some people will rush in to chase the high. But the main players won't easily let these people profit. They prefer to let the market fluctuate up and down, continuously wearing down the confidence of both bulls and bears.
Since this approach is still effective, let's continue to deduce it at this pace. It was mentioned before that those who fantasize about four to five thousand points are likely to be trapped around 2800. Now, it seems that those who buy at high prices are starting to understand what it means to "hold coins but not make money." The main players are using this strategy of small increases that don't allow you to leave and quick drops that scare you away, making the market increasingly difficult to operate.
Many people mistakenly believe that a strong market must have daily surges, but in fact, the main players are better at "maintaining stability while gradually grinding." Retail investors who panic and sell at the slightest rise or fall are destined to lag behind them.
Think about it, the main players are operating hundreds of billions to trillions in funds, and they are willing to spend time battling with you in this range, so why should ordinary investors be anxious? At this stage, the main theme of the main players is to repeatedly induce long and short positions, waiting for the market to choose sides.
The focus now is on whether Bitcoin can break through the key level of 109584 with significant volume. If it breaks through and holds, a new round of market momentum may take off, and altcoins will follow suit. If the breakout fails, it may instead re-test the bottom or even break down.
This trend is actually very similar to the sharp rise after the false breakdown in January. If the rhythm is consistent, a new high is to be expected. However, it is important to note that time cannot be delayed too much. If there is still no breakthrough within two or three days, it may evolve into a false breakout, followed by another washout.
#BTC #ETH #SOL #PI #PEP