Why are people afraid of pullbacks?
1. The average holding cost is high, and they dare not place heavy positions, and they will lose money if there is a pullback.
2. Psychological panic, especially for those who hold heavy contracts or carry orders.
3. There is a large-scale pullback, and they are worried about the end of the bull market.
4. The currency holdings have not risen, and the mentality is frustrated.
5. Lack of continuous funds to cover positions. Pullbacks are the mediator of the crypto bull market, and every pullback is a good opportunity to enter the market! If you have funds, you can cover your positions, otherwise you can wait patiently.
The spot bull market will definitely return. Keep the chips in your hands, and you will be ahead of more than 99% of the swing traders in the market.
