Let’s do a quick summary of the market trends over the past few months. Take a close look at the chart. The market is getting weaker and weaker. During the later stages of each consolidation, the main players always find ways to lure in more longs. As the number of long positions increases, it becomes easier for the main players to offload, ultimately leading to a sharp drop. I’ve been monitoring the BTC market-making activities daily. As long as it’s not bottom accumulation but rather capital buildup during the pump phase, it’s unhealthy and just a trap to lure in more longs. Sudden spikes are great opportunities to short.