Last night, ETH retraced near $1800, almost triggering panic selling, but in the end, the key level was reclaimed. Before everyone could react, this wave of Hangqing had already slowly begun. And it was a rebound driven by fear, with no turning back.
In every cycle, retail investors do the exact same thing. They panic sell at the final entry point of the generation, then after the price surges by 40%, institutions tell them it's "safe," and they beg to buy back. Anyone who has experienced this can feel the same.
Having gone through several bull and bear markets, each process is different, but the final outcome is always the same: intense volatility at the start of February. During the sell-off on February 5-6, Bitcoin briefly dropped below $61,000, marking the worst start to the year for crypto assets in over a decade. [鲜花][鲜花][鲜花] #深度创作营
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Last night, ETH retraced near $1800, almost triggering panic selling, but in the end, the key level was reclaimed. Before everyone could react, this wave of Hangqing had already slowly begun. And it was a rebound driven by fear, with no turning back.
In every cycle, retail investors do the exact same thing. They panic sell at the final entry point of the generation, then after the price surges by 40%, institutions tell them it's "safe," and they beg to buy back. Anyone who has experienced this can feel the same.
Having gone through several bull and bear markets, each process is different, but the final outcome is always the same: intense volatility at the start of February. During the sell-off on February 5-6, Bitcoin briefly dropped below $61,000, marking the worst start to the year for crypto assets in over a decade. [鲜花][鲜花][鲜花]
#深度创作营