"Rising looks at profits, falling looks at losses" is a method to observe market sentiment.

In the past month, BTC has had 3 significant loss sell-off events, with losses of $149 million, $116 million, and $88 million, respectively, and losses did not increase when prices were lower.

This indicates that under minor bearish conditions, investors are less willing to sell at a loss, and risk-averse sentiment is gradually becoming desensitized. Therefore, BTC is unlikely to experience a sudden significant drop unless a larger bearish event triggers panic. #加密市场回调