The entire market is waiting for Bitcoin and Ethereum to crash,

with a consensus that the bottom is at 40k or 50k, and this consensus is frighteningly strong.

And this extreme unanimity actually makes me feel cold —
it’s very similar to the previous scenario when Bitcoin was at a high of 120k, and everyone was shouting for 150k or 200k,
only to be met with the 1011-style black swan.

When a group of isolated individuals gather around the same expectation, it forms a “psychological herd.”
Once involved, individuals’ independent thinking quickly deteriorates, and their thoughts and emotions are completely swept up by collective psychology.

The more unanimous the judgment, the easier it is to become a trap for market harvesting.
While in the market, be sure to maintain independent thinking and beware of collective irrational frenzy.
Avoid subjective predictions when making bets; instead, follow the trend for trading.