I noticed an interesting point on the BTC hourly chart — a classic pattern that traders call PO3, or Power Of Three, is forming. Let's understand what this means and why it's important.

PO3 is essentially three phases of market movement: accumulation, manipulation, and distribution. I prefer to call them AMD because it's easier to remember. Each phase has its own logic and its own traps for retail traders.

Let's start with accumulation. During this phase, a base is formed — usually three resistance levels and three support levels. See how the price bounces off these levels? It's no coincidence. The three peaks create rejection zones, and the three bottoms create support levels. When the price breaks through these three resistances, it moves upward. If it falls below the three supports, it drops downward. It's that simple.

Next comes manipulation. This is the most insidious phase, usually lasting two to three months. Here, big players intentionally create false movements. They set stop-loss orders for retail traders, making them think the price is falling, then suddenly change direction. At this moment, most traders lose everything — their stops are triggered, and retail positions are liquidated. Meanwhile, large market players are opening their positions or buying coins. When the market shakes out, small players leave, and smart money stays.

After manipulation, comes distribution — which is essentially the start of a bullish trend. Or it could be a sideways movement in the short term. During this phase, everyone begins to distribute their positions, the price rises, and everyone is happy. But the point is, the PO3 pattern shows how the market really works.

Currently, BTC is forming this pattern on the hourly timeframe. The sideways movement we see is either the end of manipulation or still part of accumulation. The price is around 67,025, and this is exactly the moment to watch carefully whether BTC will break previous levels or set another trap. If you understand the logic of PO3, understanding market movements becomes much easier. It’s not magic — it’s just the psychology of big money.