Bitcoin dropped recently, and many people were watching 30–40k.

These past few days it bounced back, and many people were once again watching 80–90k.
In a few more days, they’ll change again.
Most people follow the candlestick chart—its rises and falls.
A small number study the underlying logic and cycles.
What retail investors think has never mattered.
The main players pull the market up for a few days, and sentiment turns into FOMO.
They smash it down a bit, and then everyone turns bearish together.
The market has only two players: the main players and retail investors.
At the bottom, they make retail investors cut their losses; at the highs, they make retail investors hold the bag.
Retail investors’ chips don’t get handed over to the main players via rotation at low levels.
Why would the main players drive the main breakout leg and give retail investors something to “work for”?
Real trading isn’t about the emotions that research changes.
It’s about the fact that people’s nature won’t change.