In the last 24 hours, the bullish and bearish sentiment in the cryptocurrency market has shown a significant tilt. Data shows that the short positions for AVAX, ETH, and BTC have reached 96.2%, 78.3%, and 69.4% respectively. This extreme market sentiment seems to suggest a market overshadowed by pessimism.

However, based on historical experience, when market sentiment is too uniform, it often leads to contrary movements to expectations. Currently, with bearish sentiment so concentrated, it may actually signal an upcoming market rebound. In the short term, we may be witnessing an upward correction, which could liquidate a large number of short positions, and only then will the market consider whether to continue to dip.

It is worth noting that the cryptocurrency market has always been known for its volatility. In such an environment, blindly following the crowd's emotions is often unwise. Instead, it is more important to maintain rationality and independent thinking. Traders who make decisions solely based on current market sentiment often become the 'fuel' for market fluctuations, pushing prices in the opposite direction.

Therefore, whether you are a bull or a bear, you should act cautiously and not be influenced by short-term extreme emotions. The essence of the market is contrary to human nature; truly successful traders are often able to remain calm in the face of crowd panic and cautious when they are greedy. In this uncertain market, maintaining a clear mind and flexible strategies may be the key to victory.