#美联储重启降息步伐 In a bear market, those who suffer the most losses aren’t necessarily the ones who are stuck holding assets. More often, it’s those who can’t sit still after seeing prices drop by half—thinking they’ve found a bargain, but actually jumping into an even deeper pit.

People who haven’t truly experienced a bear market can’t imagine how badly altcoins can crash. Drop by half first? That’s just the appetizer. After that, they can easily fall another 80%, all the way down until you lose the desire to even check the charts—only then does the price finally stop.

This is the cruelest part of a bear market—it’s not just about simple declines, but about repeatedly creating the illusion that “the bottom is in.” When there’s a rebound, you think the turnaround has come; when prices stabilize for a few days, you feel it’s time to buy the dip. In this psychological game, the market always wins.

If you’ve already cut your losses and exited, keep your hands in check. A 50% drop ≠ the bottom, and a rebound ≠ a reversal. If you can’t grasp these basic principles, every move you make is just a gamble. The unique volatility of the crypto market means the importance of risk control is always overestimated—in reality, it’s never estimated enough. Keeping a steady mindset is more valuable than anything else.