Why do you always pick up flying knives in seemingly cheap places? A downward trend, like descending a staircase, divided into four levels. The first layer: The rebound lacks momentum, and even the previous high point cannot be reached What you see: It's up for two days, but it's soft again. What you're thinking in your heart: Are you washing dishes again? Take another look. Second layer: The position where it fell to the bottom before was pierced by a stab this time What you see: The price has broken through the lowest point last time. What you're thinking in your heart: it's really broken! Do you want to be free now? Wait and see if he can pull it back to deceive me. The third layer: The high point that bounces up each time is lower than the previous one What you see: Drop for a while, bounce, but the lower the bounce, the lower it gets. What you're thinking in your heart: after falling so much, should we go to the end? Should profits run first? Fourth layer: After accelerating the sharp decline, a long downward shadow suddenly appears What you see: After the sharp drop, the price quickly recovered a lot, leaving a long tail behind. What you're thinking: there's a rebound! I have lost my profit from empty orders! Is it going to be reversed? As long as you are predicting the bottom, the market will see the reversal K you want, and it will repeatedly deceive you into getting in the car. How to break out of this cycle? Abandon predicting market trends and focus on key price positions (structural highs and lows)+high odds signals (overbought+divergence)+suitable positions (acceptable losses) In the end, you only need to pay the price of making one or two mistakes (the money you will lose if you reverse) to capture the true reversal of the entire trend.