Santiment: Retail investors focused on buying the dip opportunity during this week's market rebound, a situation that usually signals that the market will face further downward pressure

BlockBeats News, October 29th, Crypto market analysis firm Santiment posted on social media today, stating that after a slight market pullback on Tuesday, retail investors' discussions about "buying the dip" have significantly increased in intensity. However, historical data shows that when the "buy the dip" sentiment is this high, the market often experiences a short-term minor rebound followed by even greater downward pressure. The ideal dip-buying opportunity actually occurs when the general public is least expecting a market bounce. It is usually when retail investors believe that the market has fully priced in the risk that they are ultimately taught a harsh lesson by a more intense downturn. Only when their optimism (FOMO) completely transforms into panic (FUD) will a true strong rebound quietly begin. For patient traders, this is the real bottom-buying signal.