Frequent crashes in a bull market stem from violent clearing.

Retail investors have high loyalty and stickiness; without significant crashes, it is difficult to clear them out, and the main forces need to force retail investors to cut losses by continuously pushing prices down.

Otherwise, retail investors will take profits and exit, increasing the resistance for the main forces to push prices up, leading to higher capital consumption.

After clearing, the main forces can both profit and facilitate subsequent price increases.

Therefore, crashes in a bull market are part of the main forces' operations, and retail investors face higher risks of loss if their strategies are inappropriate.#BTC重回关键位置后走势