Now everyone is expecting a big drop!
The rise in the past few days has been truly fierce! I can faintly smell the scent of a frenzied bull market! I must say, after the election victory of crypto president Trump, a remarkably strong shot of adrenaline has been injected into the crypto market! Look at the price increases of these coins:
Bitcoin BTC rose from 69300 to 77199
Ethereum ETH rose from 2357 to 3058
Solana Sol rose from 167 to 205
Dogecoin Doge rose from 0.13 to 0.21
Binance Coin BNB rose from 543 to 638
However, the more one-sided the market rises, the more hesitant retail investors become. On one hand, they fear missing out on this wave of growth, while on the other hand, they worry about potential corrections at any moment. However, institutions continue to buy; why are they so determined? Because now that a bull market has been confirmed, more chips are needed, more cheap chips. To control the market and dominate, having enough chips is absolutely essential.
If institutions are buying, will you follow? If you follow and buy, you fear being trapped; if you sell, you worry about missing out. This mindset can easily lead one to be led by institutions. We need to break this way of thinking.
We need a more rational strategy: principal first! It’s better to miss an opportunity than to risk the principal. As long as the principal is intact, opportunities will always arise.
Currently, the market is surging like a tide, but a correction is inevitable. Only a correction can attract more capital inflow, provide stronger market liquidity, and drive higher gains.
