When the 2018 bear market bottomed, they said it would keep falling;

During the 2020 pandemic crash, they believed the drop still wasn’t enough;
In 2022, when Bitcoin fell to $15,500, they started waiting for $12,000 again;
There are always people saying it will drop another round—just like now. The market is plunging, panic is spreading, and various indicators keep releasing bearish signals. Most people believe the real bottom hasn’t arrived yet.
So people choose to keep waiting, but the market often quietly reverses exactly when everyone is waiting for the “perfect dip-buying point.”
Many people miss opportunities not because the price is too high, but because they keep telling themselves: wait a bit longer—it will fall more.