The so-called good and bad news are all traps that the big players have dug. The current institutions have changed the consensus of retail investors. Previously, it was said that prolonged sideways movement must lead to a decline; now, it is all about sideways accumulation and building momentum for a breakout.
But looking back, the current market is all about news catering to the manipulative big players, hitting retail investors hard. There are reports of vulnerabilities, large unlocks, and whales shorting, all designed to make you hesitant to buy the dip.
Then, when the market is stagnant and unable to rally, they come out with news about ETFs, token burns, and large staking to entice you into buying at high positions, only for you to get washed out when you enter the market.
So, the current news cannot be fully trusted; the previous false news has also been rampant, causing many to get liquidated.
The current bull market can be described as the season for harvesting retail investors; various institutions are cutting profits, fearing that if the scythe swings too slowly, they will harvest less.
Remember, a bull market is not always smooth sailing!
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