2026-01-21 08:21:50

If you observe carefully, you'll find that most traders are not really afraid of Bitcoin falling.

What they are truly afraid of is BTC breaking through the entire bull market structure and entering a deep bear market. They worry about a wipeout—losing half of their holdings in Bitcoin is one thing, but the real concern is that altcoins might go to zero.

The key question is: even if the bear market truly bottoms out, they still lack the courage to buy the dip. Why? Because an inertia in their thinking traps them—they believe there are lower bottoms below the current bottom, and that the decline can continue.

The most painful part is that they completely ignore data support. How is M2 moving? What is the level of on-chain liquidity? These are all selectively ignored. They are immersed in their self-created bear market sentiment, letting psychological expectations dominate their decisions. This is the real problem.

BTC-0,5%

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CryptoMom

· 12h ago

That hits too close to home. It's really just a failure to mentally prepare and being emotionally hijacked.

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ETH_Maxi_Taxi

· 01-22 01:11

It's too heartbreaking, they are just scared to death by themselves. --- Bottom-fishing complex is truly the Achilles' heel of traders, always thinking it can go even lower. --- Panicking blindly without looking at the data, no wonder losing money. --- The funniest thing is that when altcoins hit zero, people are still waiting for a bottom-fishing opportunity. --- Psychological expectations dominate decision-making, this is the standard trait of retail investors. --- It feels like the group of people who keep shouting about a crash but never dare to get in. --- Not even looking at basic indicators like M2 liquidity, it's purely a mindset game. --- The bottom of a bear market is the easiest time to reveal human nature; those who are greedy will die, those who are timid will regret. --- One sentence: inner demons.

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WalletsWatcher

· 01-21 08:49

To be honest, this is just a psychological game. Those who watch the data have already bought the dip.

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ShortingEnthusiast

· 01-21 08:38

That's right, it really hits home. Most people are actually scared to death by themselves. Forget it, I won't look at the data anymore. Just buy the dip and wait for death. It's not the first time this has happened, the mental barrier is really tough.

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ChainMaskedRider

· 01-21 08:37

It's really hitting home, that's just the kind of person I am haha --- Bottom fear syndrome, needs to be addressed --- Psychological expectations are indeed a powerful weapon; the data is right there but can't be seen --- The biggest fear is still the zeroing of counterfeit coins; this is truly unstoppable --- Always think it can drop further, but end up missing the chance to buy in --- M2, liquidity? Forget it, I'll just follow the market sentiment --- Honestly, I'm stuck in this vicious cycle of "there's a bottom below the bottom" --- Bottom fishing? Forget it, maybe I should wait and see --- This article hit me hard, I feel a bit uncomfortable --- Most people are just being driven by their own fears

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token_therapist

· 01-21 08:33

Ultimately, it's still a lack of mental preparation; no matter how the data is presented, they don't look at it.

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SeasonedInvestor

· 01-21 08:29

That hits too close to home; this is the portrait of most people I see. Psychological expectations can really ruin a trader.

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ValidatorViking

· 01-21 08:29

yeah this is the thing tho... most traders aren't actually checking M2 flows or on-chain liquidity metrics. they're just paralyzed by past cycles, thinking there's always another bottom waiting. no consensus finality on their thesis, just pure psychological breakdown.

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ImpermanentPhilosopher

· 01-21 08:22

That really hits home. I'm the kind of fool who traps himself in psychological expectations, still waiting for the bottom even after it's already here. Truly ridiculous.

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