There's nothing certain in the world of cryptocurrency. Hence, most people use and do technical analysis to somehow see and "predict" what might happen to the trend of the coin in the next few hours, days, weeks, months, or even years. you have to remember that the market dictates the price position of a coin. If the demand is high, supply is low, the price value will be high. If the demand is low and there is enough supply or even more, then the price value will be low. The simple law of supply and demand is one of the factors why the trend of a coin is like that. Another factor could be the season of the market. In crypto, we have two seasons that we could utilize to our own advantage which are the bullish and bearish seasons. In these seasons, the positions are completely opposite. In bearish, the price of almost every coin is a dump, meanwhile, is bullish, you can see pumps. So you should also consider if you are planning to invest in the kind of season the crypto market is currently in to avoid regrets.

There are also people who we call whales who can play the massive pump and dump of the price of a coin. These are the people who either drop a big amount of coins or hoard them in which affects the price position of the coin in the market. There are also other external factors such as big personalities stating their stance and whatnots which could affect the market most especially if they have a wide audience (newbies) that easily believes whatever they has to say.