The current market feels like a dull knife slowly cutting flesh.
The main players' approach is very simple:
They first give you a signal: "Are you selling or not?"
If you don't sell, the main players continue to drop a little more and ask again: "Still not selling?"
Then they drop a little more: "Are you sure you’re not selling?"
In the end, they push you to panic, and you start cutting losses to exit.
Some people haven't exited yet; seeing the current price has dropped to this extent, they start to regret, but are also unwilling to let go. They think to themselves, if only I had another chance, once the market rebounds to the previous high, I would sell immediately.
This is precisely human nature at play. When the account is continuously losing, the initial boastful words—like "I will hold until the bull market ends"—have long been forgotten.
The fluctuations in the account keep you wandering in losses; over time, your determination begins to waver, fear gradually increases, and eventually, under the pressure of the market, you cut losses to exit.