Cryptocurrency Retail Investor Psychology．

The psychology of retail investors is consistent; when market sentiment is high, the main players only need to add fuel to the fire,

consuming chips at important price points, with retail investors actively following suit.

Retail investors will push the price to the level that the main players want to reach, allowing the main players to easily distribute chips at a high.

When market sentiment is soaring, many people will be affected by the market's emotional contagion,

leading to rampant speculation throughout the market, resulting in many highs.

These highs will repeatedly collapse after experiencing a significant rise,

a sudden drop will plunge the entire market into panic, like being splashed with cold water in extremely hot weather,

and then the market will exhibit panic psychology.

Retail investors will then panic as their losses expand, dumping a large amount of their leveraged positions,

but the points in the market will continue to fall.