I often see this kind of market situation, and there's really no need to panic. The coin price has been rising for several days, accumulating a lot of gains, and then suddenly there's a sharp surge and drop, swallowing back the previous profits in one or two days. Such intense volatility is especially likely to trigger panic in beginners. Watching the numbers keep falling, the psychological pressure will cause people to hurriedly sell off their holdings.

In fact, this is a common manipulation tactic used by the main players during a bull market. When the coin price drops to a certain level, the market gradually stabilizes, and then begins to recover slowly. When the price reclaims a new high, attracting more and more followers to enter, the main players often make another move, causing a sudden sharp rise and fall during the upward trend, inducing panic selling.

This type of decline is characterized by rapid speed and short duration, with the market potentially dropping 5%-10% within just a few days, and in extreme cases even 15%-20%. But generally, the coin price will find support near key support levels and stabilize, so there's no need to worry excessively. If you can endure this wave of volatility, there are often opportunities afterward.