Last night there was a sudden drop that wiped out all of last week's gains. The market has entered a new round of panic, especially when seeing so much money missing from the account, it’s hard to cope psychologically, worrying that the market will continue to fall, and considering whether to cut losses. Some people keep slapping their thighs, thinking how great it would be if they had sold at a high point and could buy back now... During tough market conditions, all kinds of negative emotions arise; everyone must adjust their mindset and not let the gains or losses in one place affect their attitude. Looking back at history, take this year’s prolonged half-year downturn as an example, we have weathered it; no matter how bad it gets now, it cannot be worse than that time. Generally speaking, before a real big market trend starts, there will be a washout; the manipulators’ goal in doing this is to shake out retail investors' holdings. For instance, when Ethereum rose to 3700 and you didn’t take profits, a sudden drop would make you slap your thigh. If the market comes back up again and hits 3700, would you consider selling? If you can hold on, then after another drop to 3300, would you regret it? If at this time the market rises again to 3700, would you sell? I think most retail investors would choose to take profits. If retail investors can still hold on, then there will be another washout, and basically, retail investors' holdings will be completely cleaned out. The main players will use big data analysis to start the market after retail investors have exited. This is why retail investors who trade frequently will definitely lose money; human nature has been thoroughly studied by the main players.