📈 Use $METIS as an Example to Better Understand the Current Altcoin Market
$METIS has been continuously declining for 560 days, with a total drop of up to 94%. At this price level, the general market sentiment is entirely pessimistic: some say “it’ll go to zero,” others say “it could drop to 5U, 1U.” There’s no good news, and no analysts dare make predictions. But the important point is: market bottoms are not formed because someone is optimistic, but because no one dares to be optimistic. On the surface, small investors panic sell and call each other “stupid,” but in reality, the big players are quietly accumulating. This is a familiar scenario that has played out for hundreds of years: the small sell, the big buy, and that’s what truly creates the bottom. Let’s look back at 2020, specifically 12/3/2020, when the BTC market was also flooded with bad news. Media and KOLs constantly fueled panic, claiming BTC would drop to $1,000 or even zero. Meanwhile, some were quietly spending millions of dollars to manipulate market sentiment. The financial market is inherently a game of juggling and deception. Traders who survive for the long term gradually become calmer, as they realize that trading is a solitary journey and that outside noise is mostly meaningless. 👉 Principles: • When the market is down, stay calm but alert. • When the market is up, remain clear-headed. • Don’t let others decide your trading rhythm. • Only buy at key price zones, sell at key price zones. External assessments always have limits, but your own knowledge and confidence are what will help you get through the market cycle.
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📈 Use $METIS as an Example to Better Understand the Current Altcoin Market
$METIS has been continuously declining for 560 days, with a total drop of up to 94%. At this price level, the general market sentiment is entirely pessimistic: some say “it’ll go to zero,” others say “it could drop to 5U, 1U.” There’s no good news, and no analysts dare make predictions.
But the important point is: market bottoms are not formed because someone is optimistic, but because no one dares to be optimistic.
On the surface, small investors panic sell and call each other “stupid,” but in reality, the big players are quietly accumulating. This is a familiar scenario that has played out for hundreds of years: the small sell, the big buy, and that’s what truly creates the bottom.
Let’s look back at 2020, specifically 12/3/2020, when the BTC market was also flooded with bad news. Media and KOLs constantly fueled panic, claiming BTC would drop to $1,000 or even zero. Meanwhile, some were quietly spending millions of dollars to manipulate market sentiment. The financial market is inherently a game of juggling and deception.
Traders who survive for the long term gradually become calmer, as they realize that trading is a solitary journey and that outside noise is mostly meaningless.
👉 Principles:
• When the market is down, stay calm but alert.
• When the market is up, remain clear-headed.
• Don’t let others decide your trading rhythm.
• Only buy at key price zones, sell at key price zones.
External assessments always have limits, but your own knowledge and confidence are what will help you get through the market cycle.