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The Bitcoin market this weekend really has people completely dumbfounded.
You think with low weekend volume it will drop; instead it keeps pulling upward.
You think after running this high it should correct; instead it continues grinding higher.
You watch the indicators overbought, thinking about shorting; instead shorts get lifted one after another.
You don’t dare chase—then it rises; you chase—it goes sideways; you add leverage—then it starts poking with needle-like moves.
What’s the most disgusting part of this market?
It’s not the fact that it’s going up or down, but that it specifically goes against what most people expect.
Bears think weekend liquidity is thin, so they’re about to dump the price.
Bulls think it’s already surged too much, so they don’t dare to chase.
But then the main force looks at it and thinks: Great—if the whole market doesn’t believe it, then I’ll keep pushing.
A lot of the time in crypto, it’s not that technical analysis has failed—it’s that you’ve forgotten one truth:
The market isn’t here to make sense. The market is here to harvest sentiment.
So stop shouting every day, “This is unreasonable” or “This is too crazy.”
In this market, the most unreasonable thing is often the most reasonable thing.
Every time I see this kind of market, I feel like cursing:
This isn’t trading at all—this is the main force using a magnifying glass, specifically targeting retail traders’ wallets to draw candles.