Every bear market, someone always says a classic line:

If it's down so much, why aren't you buying the dip? Institutions aren't doing charity.
This sounds reasonable, but the problem is, at the end of each bear market cycle, the market often truly crashes hard. BTC experienced massive declines in both the 2018 and 2022 bear markets, with countless altcoins eventually dropping close to zero.
If you really followed that logic, you'd run into an unexplainable problem:
If institutions aren't doing charity, then why does the market still crash so badly in the end?
Actually, many times the logic behind that statement itself is flawed. The real point isn't whether institutions are doing charity at all, but rather some people subconsciously hope—that institutions will keep propping up prices and preventing the market from falling too much. That way their positions won't look too bad on paper.
It's worth saying that while some people claim on the surface that institutions won't do charity, their true inner thoughts are actually the opposite:
They actually hope institutions have unlimited ammunition to support prices every time they drop.
But markets don't work that way. When a true bear market comes, whether BTC or countless altcoins, what falls will fall. Many projects even go straight to zero.
So the problem was never about whether institutions are doing charity.
It's that some people are afraid of losing money, so they use this line to find psychological comfort for their positions.#Gate广场AI测评官