The callbacks from a few days ago scared many people, and several rounds of long positions being liquidated have added fuel to the market.
Now the market is filled with panic; a slight rebound followed by another drop causes more people to short.
Those who didn't have the chance to cut losses before, seeing the rebound these days, worry about a further drop, and begin to 'cut losses in time.'
All these decisions are not made calmly but stem from 'illusion' and 'fear.'
They fantasize that the market will rise like it did earlier this year, only to begin a long decline afterward,
contrasting with the market trends from the first half of the year, leading to the illusion that a significant drop is imminent.
Thus, fear emerges inexplicably; those who claimed 'I want to catch the top of the bull market' start to waver under such circumstances.
Seeing the market rise and fall repeatedly, fearing that this round of decline will be like the previous one, they begin to feel more 'greed,' wanting to exit and then buy back at a lower price to earn more.
The weaknesses of human nature are revealed one by one through the trials of the market, often without self-awareness.
In the financial market, the only way to overcome the six poisons of human nature is: to enhance one's own abilities.