Market sentiment gets weaponized. Bearish narratives flood the space—geopolitical tensions, regulatory fears, whatever sticks—and risk assets get hammered. Everyone capitulates, convinced we're heading lower.

Then the bottom's already priced in. Money starts flowing back in quietly.

The pump happens when most retail has given up.

It's the same playbook on repeat. Fear narrative → capitulation → accumulation → rally. The cycle resets. Those who panic-sell at the lows miss the entire move, while those who read the pattern ahead grab the gains. Crypto markets are cyclical, and understanding the psychology behind these swings is half the battle.