🔹 The main reason: The market moves against the majority to take their money.
Detailed explanation:
Liquidity is the target of the big players:
Big investors (whales and market makers) hunt stop-loss levels.
If the majority goes Long, price is pushed down to liquidate them.
If the majority goes Short, price spikes up to trap them instead.
Extreme volatility to shake traders out:

Bitcoin is known for sudden, sharp price movements.
It makes fake breakouts to confuse traders, then reverses direction.

Technical analysis can be used against you:
When everyone draws the same support/resistance lines, they become easy targets.
The market often creates false breakdowns or breakouts, just to trap traders.
The market is not always rational:
In the short term, it moves based on emotions — fear and greed.
In the long term, it follows fundamentals like adoption, scarcity, and supply/demand.
✅ Summary:
The market doesn’t “punish” you randomly — it knows where you entered and where you’ll exit. The big players hunt the small ones. The solution? Patience, discipline, and not following the herd.