The news in the currency circle is usually to cooperate with the development of the market. Especially in the delivery stage of the main rising wave, the news in this stage is basically positive, and a lot of good news emerges, but the market stops when it rises to the pressure level.

In this stage, there will be countless false breakthroughs. Retail investors see the price breakthrough and buy high, but the price always falls back quickly. After that, the price will be pulled up to a specific position and stay sideways for a long time. In this sideways stage, good news continues to appear, the purpose is to attract retail investors to get on board. At the same time, the FOMO (fear of missing out) sentiment of the entire bull market has reached its peak, and a large number of retail investors have poured into the market to take over.

In the end, this stage will be accompanied by a plummeting bad news, which will directly smash the price. Retail investors are unwilling to cut their losses and leave the market, but they are deeply trapped and eventually forced to exit the market. This cycle is common in the currency circle, and many retail investors are frequently caught due to lack of experience and judgment.