Negative sentiment is often more terrible than negative news. A typical example is the recent compensation incident of #德国政府出售比特币 and #门头沟 . In fact, with a market value of 2 trillion US dollars, do you really think that the cryptocurrency market cannot digest nearly 200,000 bitcoins?
Most of the negatives we have seen are, first, the "panic atmosphere" deliberately created by the dealer, and second, they are simply the driving force of the market.
The German town government has been selling bitcoins for nearly a month, and it was just sold out as of yesterday. But the market has rebounded for nearly ten days. Is the German town government faking the sell-off in these ten days? Is the market not facing selling pressure?
The sell-off is real, but the rebound is also real, so don't underestimate the market's digestion and adjustment ability.
If the recent 200,000 BTC are not sold, the future rise may become a cyclical pressure. Once the negatives take advantage of the correction, won't the future rise be unimpeded?
So don't overemphasize the impact of the news. There are only one or two black swans a year, and it is impossible to guard against it every day. It is not to ask everyone not to protect orders, but to relax. Excessive panic will become a "pressure point" for making money.