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After the arrival of the bear market, even the most positive news seems to be just a decoration. The real issue isn't how explosive the news itself is, but that the overall market sentiment has already frozen solid.
Look at the three types of people now: retail investors holding trapped positions, who dare not make any moves; institutional big players waiting in the shadows, pondering whether they can wait for a cheaper price; and market makers, who are too lazy to force a rally, leaving the sluggish trading volume as it is.
In this atmosphere, even extremely positive news can only trigger a brief rebound. For example, if a certain policy favors crypto assets, the price might jump by 5%, only to be hammered back down immediately—unable to generate any real waves. The market is never short of stories and hot topics; what it truly lacks is the courage and genuine capital from participants to step in.
The iron law of a bear market is so brutal: all positive news is seen as an opportunity to cut losses and escape, while all negative information is just an excuse to continue selling off. Both sides are empty-handed—what's there to talk about a rebound?