The sentiment in a bear market is the biggest driving force behind the trend, just like the previous cycle—it's just that retail investors' emotions are different. In the last cycle, everyone was more inclined to go long, thinking it was just a correction and prices would rise again.


In this cycle, everyone is bearish, believing the bottom hasn't been reached yet, and they are frantically shorting at high levels, providing perfect liquidity for exits at high prices, which causes the price to keep falling.
Currently, more people are shifting from being bearish to being cautious, or perhaps after a large rally, a healthy pullback is needed to turn more retail investors into bullish sentiment.
Previously, it was expected to rise to 80,000, but in a pin-like manner, but now it seems to have stabilized a bit.
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SpeculativeAnalyst
· 1h ago
Hop on now!🚗
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SpeculativeAnalyst
· 1h ago
Just charge forward 👊
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SpeculativeAnalyst
· 1h ago
Just charge forward 👊
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