We’re now entering the most misleading stage of the cycle.
$BTC and $ETH are pulling back — and that’s completely natural.
But retail investors start to panic.
They think, “That was the top,” and rush to sell.
Then the market rebounds sharply.
They get FOMO and buy back in — but at much higher prices.
That emotional sell-low, buy-high behavior?
It drives the final explosive surge.
This is how market tops are made:
Not by fundamentals,
But by emotional whiplash.
The top won’t feel dangerous —
It’ll feel invincible.
That’s exactly when it collapses.
$ETHUSDT
Perp