The more panic in the market, the more likely opportunities will emerge
Bitcoin has risen to 110,000, yet no one is calling it a bull market; instead, everyone is saying, 'There will be a major drop, short on the rebound.' Bearish sentiment is spreading in the market, and retail investors' thinking has been firmly controlled by the main players.
However, the more people are bearish, the more at ease I feel. A real bull market is never born out of optimism; rather, it quietly starts amidst pessimism.
Although there has been a pullback in the current market, the bullish structure has not been damaged. Bitcoin has a clear support at 100,000, and Ethereum is just fluctuating within a range. Bearish forces are weakening, and the main players have yet to launch a real offensive.
Most people use past negative news to judge the future, which is actually the most subjective analysis. True objectivity is understanding the current trends and the misalignment with market sentiment.
Don't be scared off by appearances; big opportunities are often hidden within the bearish voices.