That’s the point of the big players keeping prices range-bound: give the bulls a little taste of profit, and they’ll start bottom-fishing with long positions again, providing liquidity for the downturn.

Forget the heavy losses.
Forget the downtrend.

Most people who go long at this level won’t take profits even if crypto prices rebound. As soon as prices rise, they see a bull market. $BTC Panic hasn’t set in yet!