The current situation of the cryptocurrency circle!!!
Most people buy because of good news, and few people build positions because of bad news. This is the hurdle designed by the market makers for investors, and few people can cross it.
A good entry opportunity must be when others are unwilling, afraid, and don’t know how to buy. At this time, the market makers often create a scene that makes those who cut their losses feel lucky, those who buy at the bottom outside the market feel scared, and those who don’t want to stop losses despair.
This is what Templeton said: "The market is always born in despair, grows in half-belief, matures in longing, and perishes in hope.