Major players manipulate the market, controlling the rise and fall of the cryptocurrency market

In the digital currency market, the core of manipulation by major players is not the rise and fall of prices, but the hearts of investors.

Don't worry that $99,500 is the peak; historical references tell us that human nature is hard to change, and market trends always have similarities. Earlier this year, when Bitcoin surged to $73,777, it dropped to $59,000 after a sharp dip at $69,000, only to quickly recover and rise again, oscillating around $62,000 for several weeks after reaching the peak.

Bull market peaks often occur when everyone's 'FOMO' emotions are at their highest, and sharp drops are seen by retail investors as a good opportunity to buy the dip, leading to a rush of buying. However, retail funds move in and out quickly with poor endurance; after prolonged oscillation at the peak, enthusiasm fades, and collective strength dissipates.

Major players often first suppress the market to create despair, then make new highs, cultivating a habit of buying the dip, leading retail investors from suspicion to deep belief. Moreover, the acceleration of price increases at the bull market peak creates anxiety, with those in the market forgetting the risks while those outside are eager to join, and major players distributing their holdings are mistaken for buying opportunities. In summary, major players control the hearts of investors, dominating the direction of the cryptocurrency market.