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In the cryptocurrency market, investors often face severe challenges. While it is human nature to hope to turn around a losing situation, it is crucial to maintain a rational and objective attitude, and one must avoid falling into a gambler's mentality.
From a realistic perspective, approximately 6 million dollars worth of encryption is unlocked and may enter the market every day, which undoubtedly puts enormous downward pressure on prices. At the same time, from a technical analysis viewpoint, whether it is the monthly, daily, 4-hour, or 1-hour charts, there is a clear downward trend, which further confirms the market's weak situation.
It is worth noting that the movements of certain high-profile individuals may have a significant impact on the market. For example, there are reports that Trump is considering selling his holdings in digital currency. Unlike some tech giants who have already achieved financial freedom, Trump seems to be facing more urgent financial pressures, which may stem from his past business experiences and current political activities.
In such a complex market environment, investors need to be particularly cautious, comprehensively assessing various factors, rather than blindly betting on a market rebound. Staying calm, analyzing rationally, and managing risks are the wise actions to take in response to the current market challenges.