On the first day of the rebound, you thought it was an oversold rebound and didn't take it seriously.
On the second day of the rebound, you thought it was a continuation of the first day's rebound and had no desire to trade.
On the third day of the rebound, you saw many people shouting that the bull market had returned, thinking it was a reversal, not a rebound, and preparing to wait for a retracement to buy in.
On the fourth day of the rebound, you woke up and didn't wait for a retracement. You were afraid of missing out, so you bought in decisively. As a result, you bought at a high point. You saw many people saying that the rebound had reached its peak and would fall to 60,000 or even 50,000. You were afraid again and immediately cut your losses.
Many people lose money by going back and forth in a cycle.
