Psychology of retail investors in the cryptocurrency circle.
The psychological routines of retail investors are the same. When the market sentiment is high, the main force only needs to add fuel to the flames and eat up the chips at important points. Retail investors will actively follow up and push the price to the point the main force wants to reach. Then the main force will easily distribute chips at high levels.
When the market sentiment is high, many people will be infected by the market sentiment, making the entire market full of madness, so there will be many highs, and the highs will be broken again and again.
After a big rise, a sudden drop will calm the entire market, just like being poured a bucket of cold water when it is very hot, and then the market will panic, and then retail investors will be afraid of the increase in their losses, and sell a large number of chips in their hands, but the market points will fall again and again