Bitcoin weekly chart begins to rebound. Compared to the price structure during previous bear markets, there are many similarities in the current trend. You don't have to believe it, but it's best to consider a contingency plan in advance.
Here is an interesting phenomenon worth noting——
Bullish investors, all the bloggers they follow are talking about a bull market. Bearish investors, all the KOLs they follow are singing the bearish tune. They are even too lazy to look at content with different opinions, resulting in their information flow becoming a mirror that repeatedly confirms their own views.
Over time, you can't tell whether you are truly correct in your judgment or if your established stance has been reinforced by an echo chamber. When a bear market arrives, you're caught off guard; when a bull market comes, you regret not getting in. This circular logic always ends up hurting oneself in the end.
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Rekt_Recovery
· 3h ago
ngl the echo chamber thing hits different... spent my whole 2021 in a bullish bubble then got liquidated hard. now i'm doing the opposite - actively seeking bearish takes just to not repeat that copium nightmare. balance > conviction fr
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RamenDeFiSurvivor
· 8h ago
I'm really amazed by this information cocoon. Every day, the screen is filled with voices that align with my own stance, and I even think my analysis is pretty accurate haha.
That's right, those who see the market as bullish are all stories of a bull market, and those who are bearish are all doomsday theories. No one wants to hear the opposing opinions, and if this continues, we'll definitely get cut.
Alright, anyway, I'm just betting on the contingency plan, at least I won't be caught off guard.
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MetaverseLandlord
· 01-08 04:57
Your words really hit me; indeed, breaking out of the cocoon is necessary.
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The concept of an information cocoon is truly incredible; repeatedly confirming your own judgment only makes you more blind.
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Considering contingency plans in advance is the most practical advice; don't wait until something happens to regret it.
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Being overly bullish or bearish is really just feeding your feed to feel "comfortable," but that's when you're most likely to stumble.
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The weekly rebound is just a rebound; the key is to listen to opposing voices to be more reliable.
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Isn't this the main reason most people lose money? Living in a world they create themselves.
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I used to be like that too. Now I force myself to read bearish content and realize how many angles I missed.
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The one who always ends up losing out is oneself—that's a real punch to the gut.
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So, what do you all think now? Honestly, do you still believe it will go up?
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Breaking out of the information cocoon is even harder than predicting the market correctly, really.
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FlashLoanKing
· 01-08 04:57
Really, I've seen a lot of this information cocoon phenomenon. Pessimists constantly push bearish content, while optimists are full of bullish motivational talks. No one wants to hear the opposing opinions.
The mirror effect is indeed true; repeatedly brainwashing oneself, and ultimately, the ones who lose the most are these kinds of people.
Honestly, this wave of Bitcoin's rebound is quite interesting, but you can never make big money just by copying bloggers' notes.
As for the information cocoon, I often fall into it myself. I have to constantly remind myself to consider the logic of the opposing side.
Being caught off guard in a bear market and regretting not getting in during the bull market—that's the real story for most retail investors. It’s a bit painful.
The pre-planning suggestion is good. Instead of chasing highs and selling lows, it's better to think about how to respond in advance.
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FlashLoanLarry
· 01-08 04:47
ngl the echo chamber bit hits different... watched so many "thesis validators" get liquidated because they only followed the bullish playbook, zero hedging on their capital utilization. opportunity cost is real when you're just confirmation-bias trading lmao
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YieldFarmRefugee
· 01-08 04:40
This is really well said. I was actually caught in the same way myself.
The information cocoon is truly incredible. When you're bearish, you obsessively consume bearish content, and only panic when there's a rebound.
Both the bear market structure and contingency plans sound good, but ultimately it's just gambling on probabilities.
Honestly, the hardest part isn't identifying the right direction, but not letting your own information flow deceive you.
That's why the more you study, the more confused you become, while those holding spot assets sleep better.
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RegenRestorer
· 01-08 04:37
The information cocoon is really incredible; I've been caught in it myself.
When bearish, the entire timeline is full of bearish market talk; when bullish, it's all about rise, rise, rise, and you can't hear any opposing voices.
Plans should be thought out in advance; don't wait until it's too late to regret.
A rebound is a rebound, but the weekly chart structure is indeed a bit interesting.
Actually, the biggest fear is not understanding things clearly yourself, just following the stories of KOLs.
Don't be fooled by the mirror effect; consider more opposing viewpoints.
Bitcoin weekly chart begins to rebound. Compared to the price structure during previous bear markets, there are many similarities in the current trend. You don't have to believe it, but it's best to consider a contingency plan in advance.
Here is an interesting phenomenon worth noting——
Bullish investors, all the bloggers they follow are talking about a bull market. Bearish investors, all the KOLs they follow are singing the bearish tune. They are even too lazy to look at content with different opinions, resulting in their information flow becoming a mirror that repeatedly confirms their own views.
Over time, you can't tell whether you are truly correct in your judgment or if your established stance has been reinforced by an echo chamber. When a bear market arrives, you're caught off guard; when a bull market comes, you regret not getting in. This circular logic always ends up hurting oneself in the end.