One picture to understand the three stages of the dealer's shipment By understanding the distribution mindset of market makers, why do I say that relying on bull markets is crucial? It is important to remember that there are no philanthropists in the cryptocurrency industry, especially in the dog market. They will not sell to others for arbitrage during high-level horizontal fluctuations. The longer the high-level horizontal fluctuations last, the greater the cost for the main players of the market makers. The current market is in the stage of "smart money turnover", and those retail investors who have been scared off by daily fluctuations may be personally handing over their blood stained chips to the next round of main uptrend drivers. Remember: the true top is always accompanied by FOMO frenzy, not current panic discussions. Maintain patience and wait for the whale to complete its final position restructuring.