According to a report from CoinWorld, trader Eugene stated that the market often can maintain an irrational state for a longer time. He believes that facing a trend shift, it is a wiser strategy to "admit defeat" early, just like "if you want to panic, you should panic early." He also mentioned that whenever he expresses such views early on, he usually encounters a lot of skepticism, and this, in turn, serves as a reference signal for judging whether he has truly "stepped on" the turning point of the trend.