There is no sign of rebound at all? Market sentiment is still depressed
The current market is weak, and there is no sign of rebound at all. Market sentiment is depressed, the main funds are on the sidelines, and retail investors generally have no sense of direction, resulting in a delay in the rebound.
Why is there no rebound?
1️⃣ Lack of market confidence
The market lacks clear positive stimulus, mainstream coins and altcoins are in a state of shock or decline, and capital inflow is limited, making it difficult to push prices back up.
2️⃣ The pressure of being locked in is high
A large number of investors are trapped at high levels. Once there is a slight rebound, selling pressure will follow, directly suppressing price increases.
3️⃣ The main force's wash-out is not over yet
The main force may be waiting for more low-priced chips, resulting in a continuous suppression of the market, inducing retail investors to cut their losses and leave the market.
What to do?
1. Keep a steady mind: avoid emotional operations. The delay in the rebound does not mean that the market has collapsed, but may be the main force's accumulation stage.
2. Observe key support: Pay attention to the bottom support of Bitcoin and mainstream currencies. If it falls below, you need to consider reducing your position; if it holds, you can patiently wait for the rebound signal.
Summary: The current market is still in a downturn, and it will take time to rebound. Keep your position stable, avoid panic, and wait for the signal of capital reflux!