Those who trade understand - there is nothing more painful than losing money when there is no market.
The exhilarating feeling of dopamine surging when in profit has now turned into the emptiness of "sage time."
Watching the account stagnate while anxiety levels keep rising is quite normal, it's highly flammable and explosive.
But the market won't stay dead forever, and the charts have reached a critical point:
In the last three days, the ETH/BTC exchange rate volatility has dropped below the annual line, this kind of "suffocating market" often occurs on the eve of a trend change.
The funding rate for Binance perpetual contracts has been zero for five consecutive days, indicating that both bulls and bears are holding back big moves.
Large on-chain transfers have suddenly decreased, but the holdings of whale addresses have reached new highs, a typical "calm before the storm."