Jupiter (JUP): Blame the exchangesJupiter / TetherKUCOIN:JUPUSDTMasterAnandaIt all starts in April 2024 and it was one hellish experience, the worst bearish cycle ever. I can say the worst because many people joined the market around March 2024, when a major peak occurred marketwide, across thousands of projects. Many people joined the market—at the top—ready to earn big. Of course, the results were the same as always, it gets bad if one decides to buy at a top. The market is different now, it is not the same. Instead of a marketwide peak, we have a marketwide valley, a true bottom and this is the time to enter. I know there is no hype, I know there is no excitement and no fun; but, if you are reading this now, you can clearly see how a bear market developed from an all-time high (ATH), watch how a bull market will develop from a new all-time low (ATL). JUPUSDT. There are two bottoms here: 1) The October 2025 wick low and 2) the early February 2026 low. Both are valid. For the purpose of technical analysis, we can count the bear market ending last month. The October 2025 wick is a market flush, a marketwide scam event run by exchanges, nothing more. The low in February 2026 is part of a bearish trend and bearish cycle, it ends with several candle close. Huge difference. The exchanges loan money in order to get paid, they can get paid even more by manipulating the market and recalling these loans. Remember, they have all the numbers and they hold your coins. They know how you behave and they can manipulate you easily based on your transaction history and how you use their platforms. They trade against you and have many schemes that are intended to make you part with your money. This is wrong, but it is just the way it is. That's how that business works. I always say that instead of taking money away from people, they should be giving people money if they want to grow. Ok, this is just my opinion but everybody knows. These corporations are not easy. Their game is money, they work for money, want money, make money and will do anything for it. Where does that leaves us? We have to be extra-smart. We have to be hyper-wise and incredibly aware of our actions, what kind of information we reveal and which project and exchange we decide to support. The market will continue to improve and evolve, but you vote with your money. The ones that are doing it right, we can show our support. Those that are doing it wrong we look for alternatives. It is a young market though. Things will improve over time. For example, if you went to Las Vegas in the 40s or 60s it was a nightmare, it was run by cartels, criminals and gangsters. If you go now, it is definitely a nice place. So young is chaotic, volatile; mature is organized and stable and sometimes it can turn into something great. I love this market, but we have to honest. It is a competition and the people are losing, the only winners are the exchanges but they are not to blame. If I take the time to prepare, plan and study before taking action, I can also achieve success. If I lose money trading, it is my fault only, regardless of what anybody else does. If I make money, it goes also to my own credit because I decided to take action. Don't blame the exchanges; better yet, study hard, plan and once you feel ready, go ahead. Still, it is not an easy game, it takes years to master. Thank you for reading. Namaste.