📊【Market Reflections｜Rational View of the Market】
This morning on the way to work, I casually browsed through Twitter and entered a live stream.
When discussing the market, I shared my perspective —
I believe we are currently in a correction phase, but it is not yet a bear market.
I also admit that some of my spot positions are indeed in the red.
But in my view, it is not yet time to cut losses.
Several speakers mentioned, "This is the early stage of a bear market," and I basically agree with their data,
but I really don't agree with the definition of "bear market."
As the conversation went on, it started to drift, with comments about Ethereum dropping to $80 😅
Don't even mention $80; if it really drops to $1000, just wait and see how many people rush in to buy the dip.
I also shared some viewpoints, but unfortunately, no one interacted,
the entire live stream turned into a "stand-up comedy," with a bearish outlook and overall pessimism.
I always feel that what the market needs is patience and time.
Calling it a bear when it drops and a bull when it rises, this rhythm can easily be driven by emotions.
I prefer analysis based on data:
👉 How much capital has truly entered?
👉 Which funds are exiting?
👉 In which price range is trading concentrated?
If there are any experts researching this area, let's have a discussion tonight.
I will be live streaming at Binance Square,
no charts, no screen sharing, just discussing logic and market trends.
📍Search: Damo Brother
📍Live Room: Damo Teahouse | Strategic Trading
See you tonight, let's look at the market rationally and use time to win the future.
