The small fights are over, and the big ones are coming!
In the context of the current bull market, the market has experienced a 6-month shock.
The intention of the main force is very obvious: to confuse people through shocks, so that those who cannot understand the trend will mistakenly believe that the bull market is over, and guide them to think that the market will fall further. The ultimate goal of this practice is to make retail investors dare not hold coins, thereby forcing them to sell their chips.
Some people see that the highs and lows of the market are decreasing, and easily think that it has entered a downward trend. In fact, this is only the performance of local market conditions. We need to look at the market as a whole. The big cake has risen from US$15,487 to US$73,000, and now it has only adjusted back to the US$50,000-60,000 range. The shock in this range is called a "slightly downward sloping parallel channel", and its purpose is to give market participants the illusion that the highs and lows are gradually decreasing, so as to expect more declines.
The current negative sentiment in the market is also reflected in the callback after the rebound. Whenever the market rebounds, it is followed by a callback, and many people begin to worry whether the rebound is really over, and think that this is just to welcome a larger decline.
In fact, these market sentiments and inertial thinking are the traps set by the main force. Despite the low market sentiment, there are still potential altcoins worth paying attention to. Observe Sui, Sol, Pepe, Bome... Follow me and continue to share high-quality targets with you for free!
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