The Bear Market Memories of Old Investors: The so-called bull peak is when the bear market memories of old investors disappear, and they irrationally join the frenzy with new investors.

When old investors still have their bear market memories and start selling coins upon seeing the price rise, it indicates that the bear market memory is still present. At this point, the market risk is not high.

But after selling, they find that the price has risen five or six times, and they slap their thighs in frustration, then buy back at the high point. This indicates that we are approaching the bull peak. Old investors can also easily lose money in a bull market! ​​​#BTC☀