Stop scaring yourself: Behind CZ dismantling FUD, it's actually a collective performance of emotional loss of control.
To be honest, what really feels off these past few days is not the price, but the way the market is speaking. The market has actually been falling for a while now; what could be sold was sold early, and what could explode has almost exploded. Yet, at this moment, all kinds of outrageous news started to emerge, like 'Binance sold 1 billion BTC', 'CZ denies the super cycle', 'Insiders have already run away'... If you look closely, the logic doesn't hold up, but some people believe it, and they believe it strongly. Why? Because at this stage, the market is no longer looking for the truth, but for a 'reasonable reason for panic.' Prices have dropped longer than expected and refuse to rebound easily. People get worn out and lose patience, instinctively feeling: is there a bigger bomb yet to explode? So as long as the story is scary enough, even a fake screenshot can be taken as 'evidence.'
After BTC returns to 79k: this market doesn't seem like it's about to take off, nor does it seem like it's about to end; it's just a test of patience.
BTC is now above 79k, you can't really say it's bullish; and it's clearly not about to crash either. What does its current state resemble more? Like someone who just got beaten up, they stood up but are still gasping for breath. If you're a newcomer, you might be excited about that more than 2% increase; But older traders are more focused on one sentence— 👉 If you smash next, will it still be soft? The most obvious change in this market is actually not the rise, but the decline is not smooth. I dare say you remember that kind of market from a few days ago: Just any red K line. The next one will revert directly to its original form.
👉 When the market gives you another opportunity, are you still present?
In the last couple of days, many people's first reaction to the drop in gold prices is: It's over, have we reached the peak? But if you really stay in the market long enough, you will know — A true top has never formed like this. Let's talk about the market first. This pullback in gold is indeed significant, once dropping below 4600 dollars, while silver dropped even more sharply, with a double-digit percentage decline. It looks like 'emotions have collapsed', but if you break it down, it seems more like a cooling off of speculative positions. In the previous phase, precious metals rose too smoothly. To what extent? To the extent that going long almost requires no reason, to the extent that even a pullback seems redundant.
$ARTX now dominates the #1 trending spot on @Binance Alpha, surging following its BG listing , $ARTX is on fire. 🔥
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