A simple explanation is the prevalence of insider trading. Insiders get news thanks to connections, then accumulation begins. A shrewd trader will recognize this, ride the waves, and by the time the news

For a lot of traders we check haejin's graphs to see how it matches up with our own work. He often points out rock bottom opportunities or coins with incredibly bullish chart patterns that we would have

Zoom out and look at the daily charts for 1ST.

Part of it has to do with it being a self-fulfilling prophecy. It's happened so frequently like clockwork that the moment it looks like BTC is about to make a move traders will ditch their alts to avoid

Do you accept requests for analysis on specific coins? I was wondering what you thought about Bounty0x (BNTY).

I think you should follow the links at the bottom of his post and try to understand where he's coming from. There's an underlining theory behind how these waves / targets are constructed and if you learn