🔻 The Return of Despair in the Cryptocurrency Market
The return of despair is a very important psychological signal, and it often occurs at the end of downtrends, for several reasons:
🔸 Saturation from losses: Many people entered at price peaks, and when prices continued to decline, they began to exit at a loss.
🔸 Loss of hope: With the abundance of negative news and the absence of a strong upward movement, investors start to feel that the market is "dead".
🔸 Lack of liquidity: When people lose hope, trading decreases, which further weakens the market.
But the irony is that the "despair" phase is often close to the bottom, and after that, smart money from big investors starts to enter quietly.
👈 Summary: Despair is not permanent, and many great successes began from moments of market despair. Be patient, and watch... this could be the beginning of an opportunity!