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Santiment: Retail investors are following buy the dip opportunities during the market Rebound this week, a situation that typically signals greater downward pressure on the market.
BlockBeats news, on October 29, the crypto market analysis institution Santiment posted on social media that after a slight pullback in the market on Tuesday, the discussion heat among retail investors mentioning “Buy the Dips” has significantly risen. However, historical data shows that when the calls for “buy the dip” are so high, the market often experiences a short-term slight rebound, but then faces greater downward pressure. The truly ideal time to buy the dip is actually when the public generally does not expect a market rebound. And when retail investors believe that the market has fully released its risks, they are often educated by subsequent stronger declines. Only when their optimistic sentiment (FOMO) completely transforms into panic (FUD) will a real strong rebound quietly start. For patient traders, this is the true signal to buy the dip.