#数字资产生态回暖 The market has taken a sharp turn in the past two days. $BTC has lost the $89,700 support level, and $ETH has plummeted to around 3,050. Many people are starting to feel uneasy.
The feeling of being trapped is indeed uncomfortable, but the biggest mistakes at this moment are two extremes — either passively waiting and hoping the market will rebound on its own; or being driven by fear, impulsively cutting losses and exiting. The former only leads to deeper losses, while the latter turns paper losses into real financial losses.
Instead of getting caught up in this, it’s better to change your mindset. With such volatile crypto assets, the risk is actually accumulating at an exponential rate. Every hesitation could cause assets to continue shrinking. The key is to understand exactly how your holdings are doing and what your next move should be. Mainstream coins like $BNB are not immune either; systemic pressure is indeed present.
What can truly turn the situation around is often not persistence or panic, but a rational response plan.
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.
13 Likes
Reward
13
9
Repost
Share
Comment
0/400
CryptoDouble-O-Seven
· 14h ago
It's time to cut losses again. Trading cryptocurrencies is really like trading stocks, hahaha.
BTC broke support, ETH also dropped... the account is red again.
The key to this decline is to stay calm and not be driven by emotions.
Systemic risk is right here; just bottom fishing isn't enough.
You need to have a clear understanding of your holdings, or you'll really get stuck deeper and deeper.
If 89,700 breaks, it might continue to seek a new bottom; be mentally prepared.
It's really about who can withstand the volatility; whoever does will win.
Risks are piling up so quickly; it's time to straighten out your thoughts.
Instead of just waiting passively, it's better to take initiative and adjust your holdings.
This time, I really need to carefully review my strategy.
View OriginalReply0
OffchainOracle
· 12-13 17:35
What are those waiting for a rebound doing right now? Playing Mahjong?
View OriginalReply0
GweiWatcher
· 12-13 16:40
Sold again, this panic sell-off is really the last.
It's true, but it's easier to say than to do.
Either fully liquidate or hold tight, both feel like losses.
Breaking 89,700, where's the next support level?
Wait, is this wave the final shakeout? Or is it really going to collapse?
Respond rationally? All my decisions are irrational haha.
If I had cut losses earlier, it would be better. Now I'm stuck between a rock and a hard place.
View OriginalReply0
EyeOfTheTokenStorm
· 12-12 20:00
My quantitative model has already shown that the technical outlook isn't very promising, but really, don't blindly cut your losses. Historical data tells us that this is often a bottom signal.
To be honest, now is actually the opportunity to go long, it depends on how you operate.
Whether BNB breaks the support level is a key signal. From a macro cycle perspective, this round of correction is actually very normal.
I've seen this before; I also endured through the 2017 wave this way. Mindset is very important.
Based on the on-chain data I track, large investors are quietly accumulating, which usually indicates what you all understand.
Those who cut losses are regretting it, and those who don't can't sleep. I'll just keep entangling like this.
The technical outlook is indeed weak, but the chance for a rebound has never been scarce. The question is whether you're willing to get on board.
Although this wave of decline was fierce, a bottoming pattern is actually forming. Next week's data will be very critical.
View OriginalReply0
liquidation_watcher
· 12-12 20:00
Emma, it's the same old story... Is there a third way between persistence and escape? Easy to say, but when it comes to cutting losses, who can stay rational?
Stop with all the big principles. About 90% of people are just following their instincts to cut losses at this point, including the author of this article.
Mainstream coins are just being sacrificed; there's really no other choice left.
View OriginalReply0
MemeCurator
· 12-12 19:59
Not just me can't sit still, my fingers are trembling
Whether to cut or not, stubbornly holding won't work...
Another textbook-level leek-cutting market
Wait a minute, will the bottom of this wave drop even more
Talking about rational responses every day, who doesn't know, the key is how to operate to make money
Is anyone really willing to buy at this $BTC level
The promised systemic risk accumulation, but what about shorting, no one is talking about this part
View OriginalReply0
GweiTooHigh
· 12-12 19:51
People who cut their losses are now regretting it deeply, but what's the use?
Sitting around waiting for death or cutting off fingers, I really don't want to choose either
This wave of systemic pressure feels like it's not something a few motivational words can handle
Breaking 89,700, just break it if it does, the key is still to have a plan
To hold or to cut, honestly it depends on one's costs and mindset
Mainstream coins are also falling together, might as well use this as an opportunity to practice mental resilience
I really can't predict the direction of this market, but blindly cutting losses is definitely not the answer
Let's wait and see, maybe there's a story further down
I just want to know who can hold out till the end of this round
View OriginalReply0
CascadingDipBuyer
· 12-12 19:34
That's right, but the hardest part now is doing nothing, watching the decline unfold and holding on stubbornly.
Taking a loss hurts, but if you don't cut the unrealized losses, they keep expanding—it's truly a choice.
It feels like all mainstream coins have been affected this wave; $BNB is also falling, which clearly indicates systemic pressure.
Rational coping strategies sound easy in theory, but executing them truly requires a strong heart.
The key question is, when is the bottom? That’s the most heartbreaking part.
Hesitating these past two days has caused more losses than quickly cutting losses, which is ironic.
Rather than thinking about a rebound, it's better to first understand how long you can hold on and where your defensive line is.
View OriginalReply0
MerkleMaid
· 12-12 19:32
It’s dropping again and again. Is this time really the bottom?
Breaking 89,700 really makes me a bit nervous, but cutting losses is even more nerve-wracking.
Frankly, you need to think clearly about when to get off and when to hold steady.
#数字资产生态回暖 The market has taken a sharp turn in the past two days. $BTC has lost the $89,700 support level, and $ETH has plummeted to around 3,050. Many people are starting to feel uneasy.
The feeling of being trapped is indeed uncomfortable, but the biggest mistakes at this moment are two extremes — either passively waiting and hoping the market will rebound on its own; or being driven by fear, impulsively cutting losses and exiting. The former only leads to deeper losses, while the latter turns paper losses into real financial losses.
Instead of getting caught up in this, it’s better to change your mindset. With such volatile crypto assets, the risk is actually accumulating at an exponential rate. Every hesitation could cause assets to continue shrinking. The key is to understand exactly how your holdings are doing and what your next move should be. Mainstream coins like $BNB are not immune either; systemic pressure is indeed present.
What can truly turn the situation around is often not persistence or panic, but a rational response plan.