February bleeds hope slowly. No crash, just a quiet grind that makes you question everything.
Then March flips the narrative. BTC breaks trend. Momentum returns. Suddenly, $180K–$200K isn't a dream — it's the target.
April and May bring liquidity, volume, euphoria. Everyone's confident. Breakouts feel clean. It's easy to forget risk even exists.
But June? That's when confidence peaks. Crowding happens quietly. The market doesn't need a trigger — just too many people on the same side.
July delivers the reset. Funding flips. Positions unwind. Either the structure holds… or it doesn't.
By August, higher lows fail. Optimism turns to hesitation. Hesitation becomes distribution. The bear phase whispers before it ever roars.
I've lived this rhythm before.
Doubt → Recovery → Euphoria → Distribution → Reset.
The cruel truth? By the time most realize where we are, the market is already miles ahead.
Risk management always feels unnecessary in the green — and essential only after the red.
#bitcoin #BTC #CryptoCycle #Marketpsychology #RiskManagement $BTC
