Panic, despair, an overwhelming urge to cut losses, that familiar feeling again, nothing has changed.
But don't panic, whenever this feeling arises, it's highly likely that we are at a temporary bottom, so definitely don't cut your losses, just hold on a little longer. Even if you decide to stop playing, wait for a decent rebound before exiting.
Do you remember 519? After a sharp drop, the market oscillated around $30,000 for the next two months, with wild fluctuations, including a rise to $40,000 followed by a plunge to $28,800. At that time, many people said it would drop to $10,000.
This time is no different, with wild fluctuations around $80,000, then bouncing up before plunging back below $80,000. Again, many people are saying it will start with a 6. Look, there's really no difference.
The true bottom has always looked like this, which is that it seems like it will continue to drop.