The "Exit Liquidity" Trap: In every bull market, you will see a coin that is up 500% in a week. Your favorite influencer is screaming that it's going higher. This is the "Hype Phase." Often, the people who bought early are just looking for "Exit Liquidity"—they need new people to buy their coins so they can sell and take profit.

If you buy during the loudest hype, you are often the one "holding the bag" when the price crashes. Always ask: "Am I buying because of technology, or because of a loud tweet?"