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.

robot
Abstract generation in progress

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.

View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 1
  • Repost
  • Share
Comment
0/400
ABABBABAvip
· 15h ago
Just go for it💪
View OriginalReply0
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)