Panic is more ferocious than a bear market - it specifically preys on those who panic without a plan!
Recently, market sentiment has indeed fallen into a deep freeze, even professional institutions like Greeks.live have clearly stated: "The bearish sentiment is so thick it can't be dissolved, traders are struggling to take a step forward."
What does this mean? Simply put:
1. There are pitifully few buyers looking to go long
2. Large funds are lying flat and playing dead
3. Volatility is lifeless
How disgusting is this market? Let me give you a real example:
Yesterday, a friend wanted to play the swings. Bitcoin had just rebounded 2%, and he was overjoyed to jump in, only to have a spike half an hour later smash it right back to where it started - transaction fees wasted, and his principal suffered a loss! Now the market is like a seasoned hunter, specifically targeting those who are impatient to bottom fish. Why? Because liquidity is poor! A slightly larger order can punch a hole in the price, and retail investors can't afford to play.
Don't equate "market decline" with "emotional collapse"! A decline can be an opportunity to bottom fish, but emotional collapse means a breakdown in consensus - no one dares to buy, and no one dares to sell, and that is the most dangerous situation. Right now is a garbage time dominated by emotions; technical analysis is prone to failure, and the profit effect? Non-existent!
Tap the icon, follow me, and tell me what you think of the current market? Let's chat in the comments! The crypto world has both opportunities and risks, stay alert, and finding the right timing is key.
