It's been nearly 6 months, since we have entered the bear market. It looks like in the last 4 months we are scratching the bottom with some ant pumps quickly erased by the bears. Is this a sign that a new bull market is emerging, it is hard to tell for now. What I've noticed is that at the end of each month the longs in Binance increase by 50-100%. Everytime they got liquidated in a matter of 1 week. It looks like a bunch of asians who take their paychecks at the end of the month, then pay the bills and the rest they put on 10-100x leverage/margin longs. These morons are simply cancer for BTCitcoin and Binance is definitely to blame 99% for the bear market. In the last day the volume there has been above 75K BTCitcoins. The average volume there is around 45K. Why is this? Is the price at ATH to sell so frantically? It is 39K, ffs! And what is so fun to lose your income each month btw? Is this a new kind of S&M porn? We used to be visited by some n00b traders boasting with like 10% profit and thinking they are some kind of geniuses. In the last 6 months, I haven't seen even a single post boasting with such a profit. The market somehow screwed up everyone of them... multiple times... with a rusty pipe   All this is quite irrational. The balance on exchanges is decreasing by 30%+ each year. Only on the cancer exchange Binance it remains relatively constant. Thus it creates an artificial bear market which will be destroyed unexpectedly by the supply shock on the remaining exchanges. Until then I can't see an improvement. If an asset is dominated by players who like to lose all, the price can't go up. Only if they become a minority, the price will go up again.