The market is often counterintuitive, do you understand?
The market has always been against human nature. Remember at the beginning of 2023 when Bitcoin was at 16,000 and some people were buying the dip, but when the price dropped to 13,000, others were calling for 10,000; when it really fell to 10,000, some were predicting it would go down to 8,000, being led by panic the whole time.
Looking at the first half of 2023, there were two significant corrections that were more representative: from 25,000 down to 19,000, and then from 31,000 back down to 25,000. Every time there was a correction, a large number of people shouted, "It’s going to crash, it’s going to be halved," ultimately selling off in anxiety and getting perfectly thrown off the ride.
These two types of people are essentially trapped in the emotions of others; they have neither learned to make independent judgments nor resist the noise of the market, inevitably becoming 'chives.'
Some say that in cyclical trading "just hold on," but that statement is too light-hearted. Only those who truly engage in the operations understand the torment involved: you must first see through the macro trends, then firmly believe in cyclical laws, while also enduring human greed and fear, maintaining a calm mindset without following the crowd, and enduring loneliness without impatience. Missing any step means you cannot complete the profitable journey through the cycle. #加密市场回调 $BTC