This recent wave of pullbacks has made many people despair, leading many people to think that it is a bear market. However, in my opinion, although the pullback during this period is not small, compared with the bull market from 2015 to 2017, the pullback in the bull market from 2019 to 2021 is really a small matter.
I wonder how many people have experienced the 94 incident in 2017? At that time, the whole market knew that it was a bull market, and they were all entering the market frantically, but they ushered in a 5-10 times pullback.
In the bull market, eos rose from 3 US dollars to 30 US dollars, but it fell from 30 US dollars to 2 US dollars, which made many people panic and think that the bull market was gone. As a result, in just 2-3 months of pullback, eos rose from 2 US dollars to 120 US dollars.
This is the pullback of the bull market in 2017, so the old leeks who have experienced the previous pullbacks, and then experienced the current bull market, really feel that the current fluctuations are too small.
When we can judge the trend, understand the current market trend and the future direction, then we will not be confused by the smoke bombs released by the main force.
Circle B is the global financial market, and there are countless financial experts. What capitalists are best at is releasing news.
When you understand the technology and know what the current trend of the market is, you will no longer be confused, but will go with the trend.
Just like the decline during this period and the sharp drop in the past few days, you understand the clues of the market and know that this is just the media cooperating with the market decline to scare retail investors. This is their purpose.
But retail investors are willing to believe the news, because these news always cater to their hearts. When they fall, they are afraid. Coupled with the guidance of the news, retail investors will believe the news released by the main force.
Therefore, which news is true news and which news is false news are inseparable from the judgment of the market trend. Everything needs to complement each other.
Just like the current market, retail investors are still worried that Bitcoin will fall below 5w, and various negative news continue, but all this is just what the main force wants retail investors to see, not the facts.
When fear reaches its extreme, the opposite will happen, and new opportunities will emerge.
