After a prolonged sideways trend, there is often a gradual increase in price. This process helps the big players clear the market of weaker participants who cannot stand the long wait and fix their positions. As soon as the majority of such participants leave the market and, accordingly, the number of sales on each upswing decreases, a real bull run begins, during which the price rises sharply. At this stage, only those who are ready to hold the asset for a longer period remain, and large capital investments begin to actively increase the price, ensuring maximum profit.
Big caps often use a long-term sideways trend after a strong swing to make less experienced market participants lose patience and confidence in further growth. People who bought an asset at its peak, seeing that the price has finally risen to a level where they can recover their investment, often lock in their profits or exit with a minimal loss, fearing another drop.
This long-term downside creates a psychological barrier for most participants, as they do not see clear signs of growth and their faith in the asset declines. At the same time, big capital can gradually accumulate an asset, raising the price slowly until all the "weak hands" leave. And only when there is a sufficient outflow of less stable investors can the big players begin a powerful upward movement that leaves the doubters out of the game. This creates a situation where the big players who have been patiently waiting for their moment get the main profit.
That's what's on the market right now.