$BTC The second way to end a bull market, without a next peak but a direct crash

1. I have thought about the market for a long time today. It is undoubtedly a bull market distribution currently. So when exactly will the bull market end, and will there be a second scenario? I have already explained the first scenario to you, which is that BTC is currently distributing at the top, having already made one peak action, and will soon make a second peak action to complete the ultimate inducement. This is the most standard way and also the way that maximizes the gains for the main players. I wrote it clearly in last weekend's article, so I won't elaborate further.

2. So I’m wondering, has BTC finished distributing?

From the perspective of distribution theory, during the distribution period, the main players will definitely define the upper and lower boundaries, and provide pressure and support to keep BTC within this range until the distribution is completed. In normal circumstances, there will be two peak actions during this distribution. This is particularly common in BTC's market, such as in the 2021 bull market and the bull market at the beginning of this year, where BTC made 2-3 large-scale peak inducement actions. However, we cannot always rely on past market patterns; times are changing, and the distribution of chips in the hands of the main players is also changing. It is even possible that BTC has transitioned from a concentrated main player to a dispersed main player.

3. Why do I say there is a possibility of a direct crash?

First, let’s clarify one point: if every market move made by the main players during distribution is exactly the same, then all retail investors will definitely make a profit because everyone can find a pattern for how the market should behave at what time. Unfortunately, the real market is not like this. In cases of lower liquidity and weaker markets, they will not perform a second breakthrough of historical highs but will instead pull up quietly during distribution. When retail investors go long, they will directly distribute and crash down. I have to say, the current liquidity environment and the present market show some signs of this; I cannot be arrogant.