This is all skilled trading boils down to. Playing on the emotions of the markets, which are driven by just two; fear and greed. Thats it. Create enough fear, and people will sell at any price. Create enough greed and people will buy at any price.
Dont be fooled into thinking that this is only happening with LTCD. It happens across the entire Crypto market BTC included. The cycle of accumulation and distribution is repeated endlessly everyday across every coin in this market.
The implication for the trader is, to win, you must be able to differentiate between accumulation and distribution only then will it be 100% clear that those who do the opposite of the herd always win.
I think this is what is happening right now. But, question, would you say that this is currently happening across the entire market? Because everything seems to be moving up. I read in one of your posts, you were saying that the price of each coin is connected somehow do you mind explaining this to us? I enjoy your accumulation and distribution theories. I had a similar hypothesis but couldn't put it into wording. What you said about dealers "stocking up their warehouses" at wholesale price and then selling at retail price really resonates with me. I would like to hear more of your views on this since it seems that the entire market is following this cycle