Platforms such as Bitmex made things far worse, because even the most insignificant price movements can be leveraged to book like 25-50% gains.

If people trade to book x percentage of profits per day, which they set for themselves as target, they'll force themselves to trade even when most experienced traders decide to take a day off. It's not for nothing that some traders have become addicted to trading, which people might consider funny, but it can be as bad as a gambling addiction.

Gone are the days where profits were easy to obtain by utilizing the $6000 support level. I tried it after it broke, but rekt myself and haven't done any trading since.