According to CoinMeta, the Wyckoff analysis method is a market framework published by Richard Wyckoff before the Great Depression and remains one of the most frequently cited tools in the crypto trading community to this day. This method does not predict price trends but rather helps traders understand the behavior of large participants in the market. Wyckoff divided market behavior into four recurring stages: accumulation, progression, distribution, and reversal. By observing the relationship between price and volume, traders can identify the dynamics of supply and demand in the market. Wyckoff's analysis method emphasizes that the market is controlled by large institutions, and retail investors should learn how to interpret the behavior of these institutions in order to trade more effectively.