#市场情绪与技术分析 The market has started to fluctuate again, this feeling is too familiar. When I saw Matrixport say that Bitcoin has entered a "mini bear market", I knew another wave of suckers was about to be played for suckers. As an old hand who has been in the market for many years, I must remind everyone to stay vigilant. It is during these times that people are most easily influenced by FOMO emotions, impulsively getting on board or panicking and fleeing.

My suggestion is: first calmly analyze, don't blindly follow the trend. Look at signals such as the slowdown in ETF capital inflow and old players reducing their positions, then combine it with macro and technical factors for a comprehensive judgment. Pay special attention to the policy direction of the Federal Reserve, as this could be key in determining the future market direction.

Remember, the market is always cyclical, and right now may just be a phase of adjustment. Stay rational, control risks, and you can survive longer in this market. New friends must not be scared by short-term fluctuations, nor be deceived by the words of the manipulators; calming down and studying well is the right path.