Watching the retail investors in the group wailing, wondering if this month will end with a downward trend. If true, it would mean a "5 consecutive down months" on the monthly K chart.

If you check the historical data, you'll find that BTC has never recorded 5 consecutive down months. It's either 4 consecutive down months hitting the bottom, or a direct crash resulting in a brutal 6 consecutive down months. Interestingly, there is a historical gap for "5 consecutive down months".

But does this matter? Real traders never participate in this meaningless emotional exhaustion.

Whether the main players are drawing lines to fill in the gaps or applying extreme pressure, it doesn't change the underlying cyclical logic.

The public hands over their chips in panic, while we only focus on risk-reward ratios and certainty.