the market is like that because as the real market it's being manipulated and there are a lot of people that get scare at every 100$ bitcoin drops. SO they want to get the profit out as soon as possible or in worst cases they want to stop their loss as soon as possible. To be perfectly honest I can understand some of them, but not all. Like in real life, the crypto market is a real pain that you need to understand and need to be sure on all your decisions, even on the bad ones.
Apparently, a lot of people are busy waiting for bull markets only to get their hope dashed. In fact, I am certainly sure some would have thought there is absolutely no way what happened last year will not happen again this year, but really, things are always meant to be different and it takes being smart to getting used to.
The crypto market can only be a real pain for someone who is so much focused on the short term and discard the opportunities lurking in the long term. Even though market is manipulated, the main essence is to drive out weak hands, while the whales scoop them of what they have, so in this case, that shows one thing, a single trend cannot pay the whales in the long run, so there will always be a switch of trend and it only takes patience while trying to get yourself occupied with other things.
