The current market is a bear market. Instead of waiting every day for positive news, it's better to adjust your mindset. Those so-called big V opinions, institutional entry news, whale movement analyses… just listen and forget, they really can't change the overall trend.
The most common pitfalls in a bear market are just these few:
First, those lengthy macro analyses. Things like the central bank printing money, liquidity increasing, all kinds of assets taking off. They sound logical, but in the face of a big bear market, these analyses are often worthless. Don't be fooled by this kind of narrative.
Second, don't focus too much on on-chain data and traders' positions. Whale buying and selling, big players' manipulations… these pieces of information are too noisy and easily lead you into traps. Small retail investors following these analyses are basically just giving the big players a chance to buy low and sell high.
Third, be cautious with short-term technical analysis. K-line patterns, support and resistance levels, the switch between bulls and bears… in a bear market, this stuff is the most deceptive because volatility itself is chaotic, and any technical signal can be broken through.
Finally, be wary of celebrity calls and narrative hype. No matter how reasonable someone’s advice sounds, in a bear market, it should be taken with a grain of salt. The purpose of these voices is simple—attract attention and traffic, not necessarily to protect your wallet.
Instead of listening to these, do something straightforward and simple: focus on fundamentals, and sell short when necessary. Don't think about catching the bottom or rebound; understanding the trend is more practical.
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The current market is a bear market. Instead of waiting every day for positive news, it's better to adjust your mindset. Those so-called big V opinions, institutional entry news, whale movement analyses… just listen and forget, they really can't change the overall trend.
The most common pitfalls in a bear market are just these few:
First, those lengthy macro analyses. Things like the central bank printing money, liquidity increasing, all kinds of assets taking off. They sound logical, but in the face of a big bear market, these analyses are often worthless. Don't be fooled by this kind of narrative.
Second, don't focus too much on on-chain data and traders' positions. Whale buying and selling, big players' manipulations… these pieces of information are too noisy and easily lead you into traps. Small retail investors following these analyses are basically just giving the big players a chance to buy low and sell high.
Third, be cautious with short-term technical analysis. K-line patterns, support and resistance levels, the switch between bulls and bears… in a bear market, this stuff is the most deceptive because volatility itself is chaotic, and any technical signal can be broken through.
Finally, be wary of celebrity calls and narrative hype. No matter how reasonable someone’s advice sounds, in a bear market, it should be taken with a grain of salt. The purpose of these voices is simple—attract attention and traffic, not necessarily to protect your wallet.
Instead of listening to these, do something straightforward and simple: focus on fundamentals, and sell short when necessary. Don't think about catching the bottom or rebound; understanding the trend is more practical.