Current psychology of the crypto market
Every candle on the market reflects the psychology of the crowd of investors.
After a bear market that lasted for more than a year, I believe that we have entered the "Hope" phase and the market will always have adjustments to make those who participate "Lose Hope".
These adjustments can be deep enough to make the temporary losses in your account large enough to turn into fear and sell off assets.
I think this phase will not last too long and will enter the "Optimism" phase once Bitcoin breaks the 48k level. At that time, the entire market will welcome even bigger waves!
If you have gathered quality coins with good entry, then please hold on to your hands.
https://pbs.twimg.com/media/GBMrxUzbAAA6C-1?format=jpg&name=large
After a bear market that lasted for more than a year, I believe that we have entered the "Hope" phase and the market will always have adjustments to make those who participate "Lose Hope".
These adjustments can be deep enough to make the temporary losses in your account large enough to turn into fear and sell off assets.
I think this phase will not last too long and will enter the "Optimism" phase once Bitcoin breaks the 48k level. At that time, the entire market will welcome even bigger waves!
If you have gathered quality coins with good entry, then please hold on to your hands.
https://pbs.twimg.com/media/GBMrxUzbAAA6C-1?format=jpg&name=large
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