Everyone can understand some principles from the perspective of the market makers.
Typically, market rallies are guided by market makers, and before a rally, there is one essential task that must be done: driving retail investors out of the market.
Only then can they start fresh, as market makers certainly won't get rich with retail investors in tow.
How do you drive retail investors out? It's simple: create panic among them.
Retail investor panic is very easy to incite; as long as the market experiences a significant drop, it can trigger panic. Just look around at how many once-confident retail investors have chosen to cut their losses and exit in the past few days.
In fact, one could say that those currently cutting losses are basically the cannon fodder of this market cycle.
In the first half of a bull market, every pullback is an excellent opportunity to enter. Everyone understands the principle, but when a real drop occurs and it's time for people to enter the market, they become hesitant.
I usually encourage everyone during downturns and remind them of the risks after the market rises. After the rise, I suggest reducing positions to prepare for future uncertainties.
Having spent many years in the cryptocurrency space, I've seen too much; given the current volatility, this is really nothing in the crypto world.
I hope that my followers maintain a conscientious mindset when investing in the crypto space.
As long as we can see that the trend of this bull market is still in place, there is no need to panic. The specific entry point is not important; what matters is being on the ride.