There is no why price did this or why price did that... price moves in cycles. These cycles have existed long before tether, bitcoin, earnings reports, news or markets. "While the stock market's cyclical nature (typically described in terms of accumulation, markup, distribution, and markdown phases) isn't directly mirrored in nature, there are parallels in how natural systems also exhibit recurring patterns and phases. Nature has cycles of growth, decay, renewal, and dormancy that can be analogous to market cycles." Stock Market Cycles: Accumulation: Smart investors start buying as prices are low, anticipating a future rise. Markup: Prices increase as more investors join the trend, often fueled by positive news and sentiment. Distribution: Early investors start selling as prices reach a peak, and some profit-taking occurs. Markdown: Prices decline as selling pressure increases, potentially leading to a market correction or crash. Natural Cycles: Spring (Growth/Accumulation): A time of new beginnings, growth, and expansion, like the accumulation phase in the stock market. Summer (Peak/Markup): A period of abundance and maturity, similar to the markup phase in the stock market where prices reach a high. Autumn (Contraction/Distribution): A time of transition, decline, and shedding of old growth, analogous to the distribution phase where investors start selling. Winter (Trough/Markdown): A period of dormancy and rest, where the system prepares for a new cycle, like the markdown phase in the stock market where prices decline.