Recently, I saw all kinds of positive news flying everywhere, and I once thought the market was about to take off. Beautiful candlestick charts and various optimistic voices indeed make people breathe a sigh of relief, thinking it's just a normal cyclical correction.
But when I look back at the actual trend, I damn... this is not right. It was only then that I realized it might not be as simple as I thought. That's just how the market is. One second you're thinking "Oh, cyclical decline is normal," and the next second you're slapped in the face by reality. Sometimes, your most confident judgment turns out to be the most fragile in the face of real data.
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BrokenDAO
· 12h ago
It's the same old story. In information asymmetry games, no one can escape, and the mechanism loophole is right here.
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Candlestick charts can be deceptive, and narratives are even more misleading. Wake up, everyone.
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How many people have been trapped by cycle theory? Still talking about it.
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Data speaks for itself, but only if you're not looking at the carefully curated version.
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A typical case of incentive distortion: the louder the optimistic voices, the deeper the trap.
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Isn't this just the collective action dilemma of market participants? Everyone knows there's a trap, but no one dares to jump out first.
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Beautiful candlestick charts are the biggest source of information pollution, bar none.
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GasFeeCry
· 12-26 22:50
Damn, got cut again, huh? I told you not to trust those positive news.
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What's the use of a beautiful candlestick chart? The data is what really matters... That hurts, bro.
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That's why I don't dare to go all in. It's too damn hard to predict.
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One second full of confidence, the next second GG. The market loves to play us like that.
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Honestly, all those optimistic voices are probably just to trap the little guys.
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Haha, I've been scammed like that too. Now I don't trust any good news.
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Cycle correction? Wake up, brother. This time, it might really drop.
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Got it. It's the fate of FOMO, always the same every time.
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Watching the K-line happily, then getting slapped in the face—that's crypto's daily routine.
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The most confident judgment is the easiest to reverse. I know this feeling all too well.
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MiningDisasterSurvivor
· 12-26 22:47
It's the same old story. I've been through this many times. When good news was flying everywhere, we should have been cautious. History repeats itself.
Data doesn't lie, but K-line charts are the best at misleading.
During the 2018 cycle, I was also cut like this, and I still can't change this bad habit.
The more aggressively they hype, the worse the crash. This rule has never changed.
To put it simply, the whales are just making big promises, and we still have to keep buying in, right?
Newbies look at K-line charts, seasoned traders look at contract risks. Right now, I’m just watching to see which day the project team will run away.
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AirDropMissed
· 12-26 22:40
Getting cut again, huh? I knew this wave of good news was fake. The candlestick charts look nice, but data is king.
Just listen and don't take it too seriously; the market is full of tricks.
Really, the biggest enemy in this industry is your own confidence.
Once again, I got slapped in the face, haha. When will I learn to be smarter?
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GasFeeLover
· 12-26 22:22
Ha, got cut again? This time it really looks a bit suspicious.
The market loves this routine: first promising, then slapping, with a quick face change as the norm.
In the face of data, we're all babies; everyone's judgment is useless.
Did we learn any new tricks this time? Haha
Recently, I saw all kinds of positive news flying everywhere, and I once thought the market was about to take off. Beautiful candlestick charts and various optimistic voices indeed make people breathe a sigh of relief, thinking it's just a normal cyclical correction.
But when I look back at the actual trend, I damn... this is not right. It was only then that I realized it might not be as simple as I thought. That's just how the market is. One second you're thinking "Oh, cyclical decline is normal," and the next second you're slapped in the face by reality. Sometimes, your most confident judgment turns out to be the most fragile in the face of real data.