When the market surges, everyone rushes in to chase the high prices, but when the market fluctuates or consolidates, people choose to wait and see.

Especially at the bottom of a bear market, market activity is nearly at freezing point, and even many veterans in the crypto space won't look at it.

Yet this is often the best time to enter the market, but everyone turns a blind eye.

When the market takes off, and prices are already high, institutions openly say they are entering, and that's when everyone rushes in to chase the high.

Do they not understand the reasoning behind buying when no one is paying attention?

I think every adult gets it, but there is always a kind of herd mentality.

They believe that as long as there are many people, it is safe.

It's like crossing the street; as long as there are many people, they can all run the red light together, and the crowd gives a sense of security.

This is also an objective phenomenon in the investment market—why do big players never lose, while retail investors are destined to be cut?

As long as the big players sell off, retail investors will panic and exit, even if prices drop to shocking levels, they still dare not enter.

However, when the big players push prices up, retail investors will line up frantically to enter the market. At this moment, it is clearly the highest risk, yet they are fearless.