When the trend goes up, many will sell for quick profits.
But just let them be Weak Hand in holding Bitcoin, they just become sellers without caring if Bitcoin reaches ATH or not,
the important thing is that they profit in short trades.
The more who sell, the less those who play too much with the market.
In the end, they will participate in pumping up the price of Bitcoin with a pretty good trend and there are some new investors who enter looking FOMO.
Currently, the volatility is quite high and this proves that many are starting to enter Bitcoin,
and more and more money flows are circulating with Bitcoin's dominance going up.
The $40k price will be the next target, maybe this will happen by the end of 2023 if the trend continues to be good like now and the ETF is approved.