you know one reason why I think coins struggle to go up for any length of time?
majority of market participants don’t trust their own ability enough to identify coins themselves and buy
so traditionally they relied on KOLs/large accounts to influence what they purchased
but now they don’t trust the KOLs/large accounts because they’ve been exploited relentlessly for the past 2 years+
So now we have a vast majority of market participants who don’t trust KOLs/large accounts AND don’t trust themselves to bid with their own knowledge
so essentially we have a large portion of the market perpetually sidelined or even left crypto entirely because they have no understanding of what to bid and when to bid it and don’t trust the people who used to tell them what to bid and when to bid it