🔥 Warning! The truth behind Ethereum's surge, the retail investors have been harvested once again!
With the China tariff war temporarily coming to a halt, the market has experienced a frenzy, with Ethereum skyrocketing from 2500 to 2620. Many investors rushed to buy in, fearing they would miss the opportunity.
However, as soon as the news broke, the upward momentum quickly faded, and the chasing investors began to doubt their decisions. This is a typical FOMO (Fear of Missing Out) sentiment; once the news is released, the market reacts too quickly, and subsequent corrections become an inevitable result.
Lesson: Don't be blinded by superficial news; the market expectations have long digested the good news, and the risks of chasing prices are extremely high. Next time, don't blindly follow market sentiment in your operations!