🧠 Wisdom Wednesday: Every Price Has a Story
Behind every price on the chart, there’s a story unfolding — a clash of opinions, fear, hope, and strategy.
The price isn’t just a number. It’s what the entire market agrees something is worth… for now.
🕯️ As Alexander Elder, professional trader and technical analyst, said:
“Each price is a momentary consensus of value of all market participants expressed in action.”
Every candle, every data is a result of collective decision-making:
Buyers and sellers expressing their beliefs — with money.
📊 The market speaks through price. Your job is to observe, interpret, and respond — not blindly react.
Behind every number is a crowd. Don’t just look at data — understand what it means.
🔐 If you find it hard to read the story behind the price — that’s not a weakness, it’s a starting point.
Seek knowledge. Study how to decode the data. That’s how skill grows.
🔍 For example, Alexander Elder uses indicators to make data meaningful.
He selects specific indicators that answer questions he’s asking — using the right ones at the right time.
This is one of the clearest examples of how to understand the meaning behind data, not just the data itself.
🧭 Ask yourself:
If you see the price change of $SOL , what's the story behind it?
Is it driven by confidence? Panic? Manipulation? Smart structure?
🎯 When a professional trader takes profits, it’s not luck or coincidence.
It’s a calculated move — made by someone who saw what others missed.