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Bear Market is really interesting; when the market is quiet, any slight movement can be infinitely magnified.
Recently, I saw a rather magical phenomenon: a certain project announced good news, and the growth rate shot up to 150%. Logically, this kind of market should be a bull frenzy, right? But when I looked at the position data, there were still a bunch of short positions.
I really can't understand this logic. The announcement is right there, and the data is clear, so why are there still so many people insisting on being bearish? Do they think the rebound is unsustainable, or are they just purely stuck and holding on?
The attention economy in a Bear Market is indeed quite bizarre; on one hand, emotions are extremely sensitive, while on the other hand, some people insist on going against the trend. That's how the market is, it never lacks warriors who operate in the opposite direction.