After $BTC fell below 100,000, the technical analysts all shouted that it broke the level and looked bearish. Many people went all in shorting, waiting for a crash to pick up cheap.
So what happened? The market manipulators deliberately smashed the market to blow up contracts, waiting for you to follow in with your short positions, then they reversed and pushed the market up, those who bought the dip made a fortune, while the short sellers were left crying out in pain.
This market is all about psychological warfare—those who can’t grasp the rhythm get slapped in the face, while those who understand it are just making easy money!