We’re in Stage 4.

The violent downside is likely behind us — but the psychological damage phase has just begun. Regret rises. Doubt creeps in. Late exit plans get calculated. That’s why we’re seeing heavy short-term holder capitulation.
Lesson: Never let the market trade you — you trade the market.
Fast moves kill reaction. Slow moves kill discipline.
I’ll begin heavy accumulation between Stage 5 and 6 — not before.
This structure has repeated in every Bitcoin cycle.
Markets change.
Human behavior doesn’t.
This is educational content only. Not financial advice.