Some people are afraid that Bitcoin is about to reach 100k, is it at its peak?
Some people are afraid that even if Bitcoin is not at its peak, any pullback will definitely be significant.
So the more it rises, the more those who are watching can only be forced to continue watching, hoping for a drop, yet it keeps rising, and they keep wishing for a decline.
Those who hold coins will also feel fear because of the rise, afraid it will drop, afraid it will return to square one, so every day they are anxious about whether to hold or to keep holding.
So those who boasted at the peak of the last bull market: "Ah, I will know in the next bull market, when it drops to a certain level, just buy anything, hold it, and casually make ten, twenty, or even dozens of times in profit." Do these people still dare to say that now?
With the current market sentiment, whether it will drop or rise next, whether the bull market has peaked is still unclear, and they don't know how to operate, where does the casual profit come from?
This is the consequence of casually listening to others and casually believing what others say. The person telling you this has not even gotten the results yet and is analyzing the future for you; do you think that's reliable?
People are like this, habitually believing the majority’s voice, when everyone talks about the market dropping, they believe it, when a group of people says which coin is good, they buy it, and when a group says which coin is bad, they think it's trash.
The financial market can reflect human weaknesses vividly: greed, anger, ignorance, arrogance, and doubt.
