Recently, I’ve seen people asking about the “drawing door” pattern, so I’ll lay out what’s going on clearly.

To be honest, this kind of market action doesn’t exist in the stock market or forex—it’s unique to the crypto world. You’ll see the price surge sharply in a short period, then trade sideways, and afterwards it will crash so hard that you start to doubt you’re seeing things right. From the candlestick chart, it looks as if someone used a pen to draw a door frame, so people in the community call it the “drawing door” pattern.

Why does this happen again and again? The root cause is market manipulation. It’s not like normal investment products, which will repeatedly probe and wrestle with resistance levels; the “drawing door” pattern follows an entirely different logic. The manipulators want to create extreme volatility—by rapidly pushing the price up and down—to carry out “directional liquidations,” blowing up leveraged traders on both the long and short sides, and then harvesting massive profits in a short time.

I’ve also noticed an interesting background factor: some quantitative funds set up positions to be closed at a certain level—at the current price. The other party has already made money; once the system reaches the target price, it closes the position automatically. The machine doesn’t think at all—it just carries out the instructions. So what happens next? Nobody dares to take the other side, which triggers a chain reaction of liquidations, and then other funds follow by selling as well. That’s how the “door frame” gets drawn on the chart on the right.

For investors, you can’t predict this “drawing door” pattern in advance with any technical analysis or indicators. The manipulators bank on that, and that’s also why many people say the bear market in crypto is especially brutal in “harvesting” retail traders. Bitcoin’s price action really does have its unique side, and the “drawing door” pattern is the most extreme expression of that uniqueness.