#TradingPsychology
Every time greed rises in the market, fear among market makers reaches its peak, forcing them to flee the market for fear of a collapse caused by a bubble formed from excessive hope. This is exactly what happens in every market where everyone has exaggerated expectations.
Fear in the market has not peaked with all this decline, indicating that the herd has not yet been shaken.
The beginning of the year was supposed to be significantly positive for Ethereum prices according to its past performance study, which positively reflects on all market prices. However, tariffs have cooled the market, resulting in a decline and further stalling of market progress, which raised fear levels and shattered excessive hope in the market. This, in itself, is good because it has removed the excessive expectations, thereby opening up space for the market to rise without the pressure of expectations.
Trump's suspension of tariffs for 90 days will give the market some breathing room, but this does not mean that BR will start during these 90 days. It is highly expected that there will be another violent correction in the market after the 90 days, as we anticipate data indicating the possibility of a recession in the seventh and eighth months, which is negative for currencies.
Since the rise did not occur in the first quarter, which is statistically characterized by positivity but did not demonstrate it, the second quarter of the year will carry its rise along with the rise of the first quarter.
Technical analysis of most currencies shows that they have completed the fourth wave of Elliott waves.
$BTC