The cryptocurrency market has been quite volatile these past few days, with the trends being thoroughly washed out. Many retail investors have been cutting their losses, yet the net inflow into Bitcoin ETFs remains stable. Last night, the U.S. released the November CPI data as expected, and the market reacted calmly. Funds are entering the market, and market sentiment is warming up, resulting in Bitcoin reaching $100,000 again last night.
Are some people starting to think that a bull market is coming again? But the market is often like this, repeatedly tormenting retail investors, continuously injecting your brain with 'inertial anesthetics'! It’s only when you start believing that every dip will be followed by a rebound that the trend will truly come to an end.