Been following Uncle Cai's takes and gotta say, the man doesn't mince words 👍 So many so-called crypto "experts" out there screaming about broken trends and bear markets based on their weekly and monthly charts. Like, have they even stopped to think about what they're actually saying?

Here's the thing that gets me: everyone throws around terms like "trend" and "broken" like they mean something universal, but nobody can actually define it. Then they see a candle close below some arbitrary line on a chart and suddenly it's game over, prices are crashing forever. The logic just doesn't hold up.

Think about it for a second. Bitcoin's price moves because millions of people are making decisions every single day. Supply, demand, sentiment, news, you name it. But these analysts are using rigid patterns drawn on historical data to predict what billions of individuals are about to do. That's not analysis, that's just guessing with extra steps. Uncle Cai's point really hits home here.

The weekly and monthly lines? Those aren't some law of physics. They're literally just lines someone drew on a chart based on past price action. Using something that artificially simple and historically rooted to forecast the future behavior of an entire market of countless participants? Come on, that's absurd.

Not saying technical analysis is worthless, but the way most people use it—treating these oversimplified indicators like gospel—is laughable. Market structure is way more complex than that. 🤣