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Most of crypto's insane volatility comes from leverage-especially the 50x, 100x junk.
It's not real money entering the market, it's borrowed greed.
When the market moves slightly, billions in fake positions get liquidated instantly, triggering domino sell-offs and wild spikes.
Now imagine a market where $BTC is capped at 10 and everything else at 3. Would we still see those brutal crashes or vertical pumps in 30 seconds?
Not even close.
The game changes when you're forced to play with your own capital.
Leverage traders don't build the market-they distort it. And yeah, no one can make money if no one loses, but this system is built to bleed the uninformed.
You either know, or you're the exit liquidity.