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Peter Brandt says retail crypto traders fixated on charts and indicators are bound to fail

Veteran trader Peter Brandt warned retail cryptocurrency traders that focusing on short-term price moves and technical indicators misses what drives markets. He said speculation cannot be explained by prices, trading hours, margins, charts or government reports alone, and argued markets redistribute wealth from many to few. Brandt said big players lead the real game, while small futures traders barely count. He also pointed to upcoming central bank decisions and shifting U.S. regulation as markets adjust positions.