The market wants to have a crazy bullish wave, so when prices rise, a huge amount of money starts to flow in, and most people with holdings sell prematurely!
When they sell prematurely and are in a fearful mindset of missing the opportunity to take profits, the overall selling pressure will decrease significantly.
For example:
The coin $X has 100 coins, the average purchase price before the bull wave is $1, if when money starts to flow in, those who hold sell at 1.2-3$ , then the average pure selling pressure will only be around $200, the market makers will be ready to invest heavily and push it up, causing others to fomo back in when the price is high, leading to a correction.
But if everyone is strongly bullish at 10-20, the selling pressure will be very large at 1000-2000$ , and the market makers (developers, exchanges, market makers) pushing it up will have a very high risk of loss.
That is why for almost two years, most altcoins have been very sluggish. The market needs people to sell prematurely in the upcoming wave.
