Before a real big market trend starts, there will always be a washout. The purpose of the market makers washing out is to drive out the retail investors’ chips.

For example, when Ethereum rises to 3700, if you don't take profits, there will be a sharp drop that will make you regret it. When the market comes back again and rises to 3700, will you consider selling?

If you can hold on, then there will be another sharp drop down to 3300, will you regret it? If at this moment the market rises again to 3700, will you sell? I think most retail investors would choose to take profits. If retail investors can still hold on, then there will be another washout, and basically, the retail investors' chips will be completely washed out.

The main force will analyze big data and start the market after the retail investors have exited. This is why retail investors who frequently trade will definitely lose money; human nature has been thoroughly studied by the main players.