When most people who used to be bullish began to despair and turned to bearish, when most people in the market began to sell their stocks, when the mood was at the bottom, there was a sharp drop in the market, which scared the last few people who were firmly holding on to throw away their chips.
When everyone feels that there is no hope at all, it is likely that a big market is about to come. This is what the dealers are happy to see. With so many retail investors on the train, the dealers will try every means to defraud the cheap chips in the hands of retail investors.
At present, pessimistic sentiment is spreading in major communities. From another perspective, it is actually a good thing. I believe that things will turn around when they reach the extreme.
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