For the financial market, it is essentially driven by the actions of the major players, fundamentally about buying low and selling high. I often see people saying that the market has no money, that the interest rate cut cycle hasn't come, and that the market has no money. I can assure you that this viewpoint has a BUG;

For us traders, we need to understand one thing: is it retail investors who have no money, or is it the major players who have no money? Do you really think that the major players need to take out loans to push the market?

The market is full of smart people. Taking us who focus on fundamentals as an example, we stick to K-line analysis to find buying points, and there are three types;

One is a long-term downtrend, where after a balance between long and short, a buying point is chosen (the source of the five-step method);

Two is a consolidation pattern during a price uptrend. You can say that they are structuring to deceive you; if they don't deceive you, how would you get on board? It's because most people understand it, and they deceive you into getting in. When everyone jumps in together, there is also inertia in the upward movement. You can still make money by chasing it. This type of trade should be taken off the table in a timely manner after completing a pattern, as your entry cost is slightly higher;

Three is the washout pattern after a breakout, generally confirmed by observing the position through a pullback and volume contraction. For the major players, since they choose to break out, they must have enough control over the market. Adjustments are just to wash out the weak hands. Describing this in words is relatively complicated;

Regarding the above three types, whether you think it is deception or just cutting losses, what you can do is follow the trend, which requires some K-line logic;

Now the core question arises: when we say the market lacks money, is it the retail investors who lack it or the major players? In fact, it is neither. Retail investors need a reason to chase the price up, and the major players cannot push the price to an outrageous level without news to drive retail investors to take over. It's that simple. If you insist on saying that there is a lack of money or some other deficiency, I won't argue with you; you are always right;

Is K-line useful? It depends on how you interpret it. Those who understand K and logic can make money, but while observing K, it must also be combined with fundamentals and news, and understanding when to focus on what weights can complicate things;

The reason I have held onto BTC from below 20,000 to 97-100,000 and then reduced my position is because of the contradictions that appeared between K-line, fundamentals, data, and news. However, I absolutely do not mean to say that there is no money in the market to push BTC to continue rising;

The above content is purely imaginative. If useful, add it to your favorites and look back at my post after two years of trading;

#BTC