Yesterday, I took a look around the market and suddenly noticed something interesting.
With Bitcoin pumping to this level, the ones feeling the most pain aren't the shorts.
It's those who have been waiting for 80k, 70k, or 60k.
When BTC was at 40k, they said they'd wait for a pullback.
When BTC hit 60k, they were waiting for a crash.
At 80k, they were claiming the bubble was too big.
Now, as the price keeps climbing, their USDT is just getting more anxious.
Many folks think they're waiting for an opportunity.
In reality, they're just waiting for a buy point that will never make them comfortable.
Because there's a harsh truth in the market:
True bull runs never give the majority a comfortable entry.
If everyone thinks it can dip 20%, it often just takes off.
If everyone believes it has to hit 200k, then a washout isn't far off.
That's why I increasingly feel:
The greatest value of Bitcoin isn't in its ups and downs.
It's in how it constantly reveals human weaknesses.
Greed, fear, hesitation, regret.
Every cycle of bull and bear plays out again and again.
Prices change, but people don't.
The current market is particularly interesting.
Bears are afraid to short.
Bulls are hesitant to chase the highs.
Hodlers are scared of a pullback.
Those in cash are scared of missing out.
Everyone's uncomfortable.
And often, it's at times like this that the real action is just beginning.
@Crypto小胖 跟着爱播爽吃
With Bitcoin pumping to this level, the ones feeling the most pain aren't the shorts.
It's those who have been waiting for 80k, 70k, or 60k.
When BTC was at 40k, they said they'd wait for a pullback.
When BTC hit 60k, they were waiting for a crash.
At 80k, they were claiming the bubble was too big.
Now, as the price keeps climbing, their USDT is just getting more anxious.
Many folks think they're waiting for an opportunity.
In reality, they're just waiting for a buy point that will never make them comfortable.
Because there's a harsh truth in the market:
True bull runs never give the majority a comfortable entry.
If everyone thinks it can dip 20%, it often just takes off.
If everyone believes it has to hit 200k, then a washout isn't far off.
That's why I increasingly feel:
The greatest value of Bitcoin isn't in its ups and downs.
It's in how it constantly reveals human weaknesses.
Greed, fear, hesitation, regret.
Every cycle of bull and bear plays out again and again.
Prices change, but people don't.
The current market is particularly interesting.
Bears are afraid to short.
Bulls are hesitant to chase the highs.
Hodlers are scared of a pullback.
Those in cash are scared of missing out.
Everyone's uncomfortable.
And often, it's at times like this that the real action is just beginning.
@Crypto小胖 跟着爱播爽吃