Bitcoin has been rising all the way, and many retail investors' judgment has been 'smoothed out' by the market, blindly following the trend and chasing highs without understanding key resistance levels. They are reluctant to sell when prices rise, yet fantasize that prices will rebound when they fall, until a small bearish candle suddenly pierces the support level, at which point they panic.

"Master, please take a look, I'm about to be liquidated, I beg you to help me figure out what to do?" Such voices are not uncommon.

This is a typical example of emotional trading, chasing after rises and panicking during falls, completely lacking a trading plan and not understanding technical levels, embodying the 'retail investor mentality' – chasing gains and selling on dips, being led by the market.