First, let’s analyze the psychology of retail investors when the market reaches this point: 

1. Missing out on the Bitcoin and Ethereum market 

For most retail investors, this wave of market is basically a missed opportunity, and the unified voice in the market is that the bull market is coming, and many people even say that it is already in the middle and late stages of the bull market. This voice caused panic among retail investors, but even if they panic, they will not buy Bitcoin and Ethereum, because the price is too high. Whether it is for spot or contract players, the cost performance is not high, and the risk is very high, so basically they ignore Bitcoin, which is the most resistant to decline.  

At present, most of the cottages have not started, or the increase is very small. Only a few sectors have started to rise, and other sectors have not risen. Therefore, most retail investors have set their sights on cottages, and they all think that the cottages should make up for the rise of Bitcoin.  

In addition, Bitcoin remains high, and most analysts in the market judge that the market will continue to rush through Bitcoin, and it will go bullish, which has caused retail investors to enter the cottages, and the cottages collectively dive, basically most retail investors are buried, so there are cries of grief in the market.

2. The fate of retail investors who buy at the bottom as the market falls

After the decline on the 13th, a large number of analysts did not continue to be bearish, but saw the opportunity to buy at the bottom and began to call for buying at the bottom. After the decline in recent days, several people I follow still continue to call for buying at the bottom. There may be a rebound at this position, because there will be a rebound after oversold.  

But if you are a long-term player, it is best to pay attention to the risks, because the market is still bearish. If it continues to fall after the rebound, there will definitely be people calling for buying at the bottom. Then where will the market fall? I personally feel that it will rise only after most retail investors are buried.  Click on the main leaf to follow the official account: Bifangshe, and enter the skirt for free.

Most people think that the market will not start until it is completely bearish. Basically, when retail investors are completely desperate, the dog dealer will absorb lower chips. Therefore, for me, I will not rush to buy at the bottom at this position. I must wait for the bottom of my system weekly line before considering entering the market. It takes about three months to wait.