Many friends may not understand why the mainstream falls a little and the copycat starts to fall precipitously. Here, Lao Fu will tell you my personal understanding. In a downward trend, most investors are in a wait-and-see state. When there is no incremental capital entering the market, the market is a stock game. This means that except for a very small number of investors who have just experienced a big drop and losses, they are inexperienced and gambling-minded and tend to cover their positions immediately. Such investors will also run the fastest in a continuous decline, thus forming a fast-loss wave. The higher the net worth of the whale, the more cautious they will be in the face of a downward trend. In fact, when we calm down and observe the market, we will find that when the trading sentiment is low in the downward trend, retail operations have little impact on the market, and the market is dominated by high net worth, whales, and institutions. They will definitely give priority to mainstream coins, and the copycats will not fall because the high net worth did not bottom out, so they often form a small decline in the mainstream and a sharp decline in the copycat. The phenomenon of mainstream rebound and copycat stagnation. Only when the rebound trend is confirmed and the mainstream can no longer rise, can the copycat have a big trend. The cryptocurrency market is 7 times the buy-and-sell market
When trading, you should never let your emotions dominate. It is a must for every investor to look at the market calmly and objectively, otherwise the market will definitely give you a painful lesson.
That’s all for today. #BTC走势预测