Retail Investor Psychology in the Cryptocurrency Market.
The psychology of retail investors is consistent; when market sentiment is high, the main players only need to provide a little push,
consuming tokens at key levels, with retail investors actively following along.
Retail investors will drive the price to the level the main players want to reach, and then the main players can easily distribute their tokens at high prices.
When market sentiment is soaring, many people will be influenced by the prevailing market emotions,
leading to rampant speculation throughout the market, resulting in many highs.
These highs will repeatedly collapse after experiencing significant surges,
a sudden drop can plunge the entire market into panic, like being splashed with cold water in extremely hot and dry conditions.
Then the market will exhibit panic psychology,
and retail investors will be alarmed as their losses expand, frantically selling off their leveraged positions,
but the points in the market will continue to plummet.