In the financial market, investors often experience contradictory psychological processes. Even if the price of the currency continues to rise, the inner worries are difficult to eliminate. People are always worried that the market may suddenly adjust and suffer heavy losses.
Take last year as an example. During the rise of Bitcoin from $32,000 to $73,000, the market sentiment was generally tense. Many people were always in panic and afraid of price correction. However, when Bitcoin stabilized in the range of $60,000-70,000 for half a year, this worry was reduced. People gradually relaxed their vigilance and seemed to have become accustomed to the high-level operation.
This market situation is often contrary to intuition. Rising prices do not necessarily mean falling prices. Instead, they may consolidate at high levels or even continue to rise. Over time, the market will adapt to the new prices until people are no longer nervous, and the market may adjust.
On the contrary, a sluggish market does not necessarily rebound immediately. The low level may last for a long time until investors lose confidence and choose to give up. Only then is it possible for the market to turn upward.
In short, the ups and downs of the market are often unexpected. Investors need to stay calm and sober in the fluctuations and not be swayed by short-term emotions. Only by exercising rational judgment can we seize opportunities in turbulence. #ADA突破1美元 #ETH市场新动向