"Bro this good news cant even pumps us bro... why is price down bro"

Let me help you understand something bros.

This is called a "Darth Maul" candle.

It almost always happens around very bearish/bullish announcements.

What it shows us is volatility and liquidations.

Why does this happen?

Because NPCs see a positive announcement and hit max 100x long.

"Article sed sumfing gud so price must be up up"

No.

If it were as easy as seeing something bullish and pressing 100x long with price sending for days on end with zero pullbacks, giving every one a nice entry to make $100k...

We would all be millionaires in a week.

But that is not how this game works guys.

This game beats you by misleading you into a false sense of security and then destroying you.

Whatever seems obvious, is not.

When you see a mega bullish announcement, shorting the initial spike might seem silly, but thats why it works.

It is paradoxical and that is why the majority always lose.

So why do we get the Darth Maul?

1. Positive announcement happens

2. Price pumps as NPCs hit max 100x long plz

3. Market makers liquidate them with ease

4. Price drops and NPCs are confuzzled

5. Traders then enter shorts cos they've figured it outtttt

6. Market makers liquidate them also

7. Price pumps again

After this is over, the price almost always continues in the trend it was already in, or the direction in which the announcement was favouring.

Note: This daily candle hasn't closed I just wanted to use it for educational purposes.

So there you go bros...

Thats why price does not insta pump to $1m dollars a BTC.