$BTC nay 22/6, let's take a look back at the price level on 22/4 two months ago to see how skilled MM is at psychology

- First is BTC: On 22/4 it hovered around 94k-95k, after 2 months it rose to 111k and currently has returned to 102k

- Next is ETH: On 22/4 it was around 1k8, after 2 months it rose to 2k8 and currently has returned to 2k2

- Taking a popular coin like SOL: On 23/4 it was around $157, it went back up to the recent peak of $187 and now has returned to $133

👉 In conclusion, over the past 2 months, BTC and ETH have risen very quickly with many corrections and now have returned to near the initial levels, specifically SOL has broken the threshold => this means that if any of you bought at the top from a long time ago, divided by 5, divided by 10 (from last year's peak), then after the surge of BTC & ETH in the last 2 months, your accounts are negative like before, even more negative depending on the coin (just to understand, altcoins are still getting wrecked).

- As for the new buyers who were lucky to buy around the bottom in April, you are currently down about 20-30% 🤔 => a level that can be accepted

👉 A common characteristic this season is that those who bought earlier are very stubborn and do not want to sell until now, because they are negative they just hold on / those who bought later (newbies in April, appeared after the Pi fever) currently have the mentality: not sure if it’s in a downtrend yet, should they exit or hold?

=> Conclusion: BTC today is at a resistance level around 101k-102k5, closing the daily candle lower than these levels may have a tendency to find the levels: 100k-99k-97k, if today’s candle closes with a wick above 102k5 and the next candle continues to rise to 104k5, then it will be confirmed as stable, nice.

- Both of the above scenarios do not indicate a downtrend yet, reaching those levels requires many other confirming factors to conclude. For now, everything is still normal, everyone 🍀🍀🍀

(The above figures are checked quickly, not necessarily accurate, mainly the Bear talks about how MM operates & the psychology of players)