Deep Tide TechFlow News, on December 24, the cryptocurrency market research organization Santiment posted on social media indicating that the cryptocurrency market further declined this week, causing panic among retail investors. Especially Bitcoin and Ethereum, which have been subject to a large amount of panic selling from new traders who entered the market in the past 2-3 months.
These new traders have not previously experienced medium-sized corrections, and they feel panic in an unfamiliar foreign market environment. Historically, when retail investors start selling due to panic and emotions, whales and large holders usually seize the opportunity to buy more coins with less resistance, leading to a price rebound. This rebound may not happen immediately, but market conditions are moving in the right direction.