So far, there is still a large group of people who cannot understand why the Federal Reserve hasn't cut interest rates and why the cryptocurrency market has surged like this! Even many retail investors who shorted against the trend were caught off guard and liquidated! The logic behind this, I have already explained my understanding in my previous post; you can click the article below to take a look.

This article will discuss the logic of the main players' operations.

Step 1: Juicing

Institutions have been buying, buying, buying, and many of these are high-priced chips. The institutions buy blindly, aiming to attract retail investors to enter the market, using retail funds to push up the price of Bitcoin. When the retail funds are enough to maintain the price of Bitcoin without crashing, the institutions will gradually sell their high-priced chips. At this point, Bitcoin will withdraw, and altcoins will plummet. This completes the first step: juicing.

Step 2: Filtering

When institutions believe the withdrawal of Bitcoin aligns with their expectations, they will stop selling, forming a stop-loss, and then there will be fluctuations, giving the market a posture of building energy for an upward move. At this point, many altcoin funds will be redistributed, and capital will push up certain altcoins to serve as a small reservoir for Bitcoin, attracting market altcoin funds, completing... filtering! For example: SUI, they have a common point, which is that European and American capital controls it.

Step 3: Bloodsucking

After that, the main players will buy Bitcoin again, pushing it up to new heights. The bleeding altcoin funds from the previous round of decline will continuously rush to Bitcoin; completing... bloodsucking.

When retail funds cannot push Bitcoin higher, capital will repeat the previous actions at high levels, completing one round after another of harvesting and wealth transfer, while the original low-priced chips in the hands of the main players have already doubled. The so-called chips used to push up the coin price mid-way are just profits; the cost price that retail investors think belongs to the main players is not actually the real cost price for them!

We need to look at the above logic in conjunction with the weekly K-line chart of Bitcoin to see it very clearly. When you open the larger time frame to look at the K-line, you will find that the drop from 109 to 74 for Bitcoin is just a wide oscillation at the weekly level.

What you see in the minute-level charts, isn’t that just gazing at the sky? You think a Bitcoin at 98,000 is high, but perhaps in the eyes of the main players, they see a Bitcoin at 980,000? The entire cryptocurrency market has turned into a pawn for Bitcoin to suck blood since capital began to pay attention; the faith outside of BTC is worthless! $BTC