In crypto markets, price movement isn't just a number—it's the ultimate truth-teller. When Bitcoin rallies, narratives about institutional adoption and macro-tailwinds suddenly dominate. When altcoins crash, the conversation flips to caution and risk management overnight.

This dynamic is fundamental: market participants unconsciously craft stories that justify existing price action. A 20% pump becomes evidence of breakthrough adoption; a 20% dump becomes proof of irrational exuberance. The price leads, and the narrative follows.

Understanding this relationship is crucial for traders and investors. Instead of chasing stories, smart players watch price first—because price reflects real capital flows and genuine market conviction. The chart doesn't lie; everything else is interpretation.