The market continued to fall after CPI, which severely hit market confidence
The market continued to fall after CPI, which severely hit market confidence
The market often goes down for ten days or half a month. If you pursue price behavior excessively during the downturn, your confidence will be hit harder, you will get into a dead end, and you will be more likely to make mistakes. This is why many people change their general direction and cannot persist. The more depressed they are, the more anxious they are, and the more they put all their thoughts on the market. However, the feedback given by the market at this stage is negative energy, and the fud information is uninterrupted. Therefore, it is better to persist to the end of the bull market and then look at the results.
Looking back, the current stage is to grind away the leeks who are impatient and can't hold on.
How many rounds of bull and bear can there be in life? In this last round of the big bull market, you can't persist? Why can the overwhelming wealth fall on you!
The big cake rushed 5 times, but failed to break the new high position. The Middle East war, the selling pressure of Mentougou, and various CPI data were bearish, including the decline of the peripheral market. After experiencing various events, the market has panicked again and again, and it is inevitable to fall. In the long run, the crypto market is an incremental market, so there is no need to worry too much about the current rise and fall.
The big cake fell a few points, and the cottage fell suddenly. Many cottages fell to the price of early 2024, causing a huge impact on retail investors' confidence, and more than half a year of persistence and hard work turned into nothing.
Many people want to buy the bottom of CRV. This token had an incident once, and the founder's borrowed position was liquidated. This also meant that the project party did not want to protect the market at all. The crypto market has been bullish, and the huge amount of funds influx has not been able to save CRV. The project party is thinking about shipping and waiting for others to take over and save it. The market for the bad project party is definitely not just CRV. For the old cottage currency that does not pull the market, it is recommended that everyone stay away from it.
Summary: Adjust your mentality. Many people are now doubting that the bull market is about to end, because they are going crazy because of the torture of the market. The more pessimistic voices there are in the market, the healthier the main force is, especially the copycats, which advance three times and retreat four times in the bull market, and then rush to ten times. The time for the copycats to explode is actually very short, which is the last 1-2 months of the bull market, and then all the battles are over and the bear market returns.
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