The following are purely some personal thoughts of mine and do not constitute any advice.



Right now, almost everyone is anxiously waiting for the market to take a big nosedive. Everyone believes that those mainstream coins are still going to get smashed deeper, and their targets all point to the same low-range area. Honestly, the degree of agreement is unusually uniform—and it’s a little unsettling.

Such a high level of consensus actually makes the hair on the back of my neck stand up. It reminds me of the previous surge, when everything was just as overheated and everyone was shouting that the price could still jump up by a large margin—150,000, 200,000, and so on. Then the market suddenly flipped and slapped everyone back, and the drop caught everyone off guard.

When a group of people who originally had their own ideas suddenly all squeeze onto the same boat, it easily turns into a “follow-the-crowd brigade.” Once someone gets pulled into a circle like that, independent thinking is easy to lose, and their emotions and judgments get carried away by the group.

So the more everyone’s views line up, the more you need to stay on your guard—this could very well be a trap the market is digging specifically for the majority.

In situations like this, you must hold on to your own reasoning and don’t let collective sentiment lead you. Spend less time guessing where the bottom or the top is, and watch more closely to see how the market is actually moving.

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