#我在Gate广场过新年

Regarding the current market outlook, through voting, from the retail investor's perspective, the long-to-short ratio is approximately 3:7. It can be said that although there is a loss of confidence in the market, it is not particularly hopeless, which also confirms that this is not the bottom, but rather a phase bottom conclusion.
The last time Ethereum was at 873, most people were calling for zero, and then the bull market surged during the despair.

The main confusion now is that the rebound from the phase bottom and the main bearish trend make it difficult for retail investors to judge and become conflicted.
This is why retail investors, regardless of bull or bear markets, are forced to become "chives."