$ORDI $RUNE $WIF #拜登退选 #山寨季何时到来？ #美国大选如何影响加密产业？

Why do many newbies tend to panic when the market pulls back? In addition to the decline itself, there is actually a kind of noise in the market. That is the lucky ones who short at high multiples!

There are a lot of people shorting in the market every day. Some people are lucky and happen to short at the time when the market pulls back sharply. They are probably not outstanding in ability, but they are rewarded by random probability.

Because of their high multiple shorting, each pullback will be a wave of rapid decline. They have gained a very high wealth. They make money, so they will naturally be path-dependent and continue to roll short. With the view of only looking at the short position, they gradually deepen their view that the market will continue to fall.

They will also announce their achievements in a very high-profile manner on blogs or X. Many newbies will be attracted by these stories of getting rich quickly and join them, only to die in the violent rise after the bull market's correction.