Is there really no sign of a rebound? Market sentiment remains sluggish
The current market performance is weak, and there are no signs of a rebound at all. Market sentiment is low, institutional funds are on the sidelines, and retail investors generally lack direction, leading to a delayed rebound.
Why hasn't there been a rebound?
1️ Insufficient market confidence
The market lacks clear positive stimuli, mainstream coins and altcoins are in a state of fluctuation or decline, with limited capital inflow, making it difficult to push prices back up.
2️ Significant pressure from trapped investors
A large number of investors are trapped at high levels, and once there is a slight rebound, selling pressure follows, directly suppressing price increases.
3️ The main force's washing of positions is still ongoing
The main players may be waiting for more low-priced chips, resulting in a continuous state of market suppression, inducing retail investors to cut losses and exit.
What to do?
1. Maintain a stable mindset: Avoid emotional trading; the delayed rebound does not mean the market is collapsing; it may just be a phase of accumulation by the main players.
2. Observe key support levels: Pay attention to the support levels of Bitcoin and mainstream coins; if these levels are broken, consider reducing positions; if they hold, patiently wait for rebound signals.
Summary: The current market is still in a sluggish period, and a rebound takes time. Stabilize your positions, avoid panic, and quietly wait for signals of capital inflow!
Recently, I plan to ambush a potential coin that is ready to explode, doubling is quite simple, and I also plan to find some potential coins to hold until the end of the year, expecting a space of over 10 times is not a problem. If you want to follow my recommendations, leave a message, follow, like, and join my group.
