We all know that price is driven by supply and demand, we’ve been tought about demand/supply balance starting from high school.
Although it is true in mechanical sense, reality is much more complicated than this.
Actual financial markets mechanic is different. Price is almost entirelly controlled by sellers, to be precise by whole sellers. When sellers withdraw orders, price pumps, when they post bids price pumps. As simple as that. Demand is not a problem in mordern markets. Since markets are extremely accessible to retail traders demand can be created, it actually is created by media, influencers, exchanges, etc. - all the parties which we know are in conflict of interest.
Just remeber. Market makers need inventory to actually make the market, and they never buy inventory, they are just “given” it for free or at large discount.
Professional/institutional traders/investorss never buy at market price, they almost always buy at discount, often with the help of market makers.
Investment banks and hedge funds and all kind of funds trade with OPM - other people money, unlike retail traders, they have sugnifficant financial cushion to smoth their operations.
Not to mention all institution listed above employ highly skilled individuals and precise algorithm agains which retail traders don’t stand a chance.
Just remeber, we, retail traders, are demand side, when we follow their marketing we are demand created by them and for them to sell into it.
We stand a chance only on higher time frames with long-term investment strategies in large-cap (or at least mid-cap) coins which are harder to manipulate and are unlikely to dump.
