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#btc Is this another narrative?
1. The start of a market trend always comes with emotion. Today, the panic index remains around 10. As soon as it slightly rises, it’s quickly pushed back down. If you're using leverage, you’re probably already exhausted, but if you're holding spot, you can ignore this kind of market and just stay objective and calm, waiting patiently.
2. From a technical perspective, it does look like a downward trend. But in crypto, besides technical factors, there are also sudden news-driven moves. These news events tend to explode when the market is caught off guard and most people are exiting. So, as I always say, watch more, act less, because the probability of a rebound from oversold conditions is high at this time.
#当前行情抄底还是观望? $BTC $GT $ETH