Bitcoin rebounded from $78,200, defying widespread expectations of a drop to $77K or $75K.

Why didn’t the market decline another $1,200? Because markets are designed to punish consensus thinking. The majority is almost always on the wrong side of the trade—that’s why most participants lose money.

Right now, late shorts are being systematically liquidated, fueling an upward squeeze. Once the majority flips bullish again, expecting continuation, the market will likely reverse downward, trapping them yet again.

This cycle is perpetual. The market exists to extract liquidity from the masses.

When the crowd unanimously anticipates a move—be afraid.