Short-term traders who are actively trading in the BTC market, driven by their own greed and a desire for quick money, cannot accept prolonged periods of no market movement.
As a result, they are easily influenced by the bullish and bearish analyses found online. Every day they either feel that the market is about to soar or that it is about to crash. Ultimately, very few people actually make money over the long term.
The historical market trend aligns perfectly with this article: it mentioned a consolidation period starting from July 25 and lasting until the 31st, and on the 31st, it noted an event gap on the 1st, followed by a mention of re-establishing a new consolidation zone after the event gap.
However, investors are unwilling to accept a market consolidation and always demand that the market must respond to their presence, giving immediate movements. The losses incurred are a result of their own actions.
Now we can see that this long period of consolidation has the price still at 115000. Yet every day, the analyses written online make me think that yesterday it crashed to 80k and today it soared to 150k.
Calm down a bit, look at what the article has already described, set aside subjectivity, and accept the market forces.