Psychology of the Banana Zone | HackerNoon
Briefly

The article discusses the current mindset of investors in the cryptocurrency market, suggesting that while there are movements toward selling, it's not a mass exodus. Instead, many are cautiously 'peeling' out investments, possibly to protect capital or take profits amid fluctuating prices around $100,000. Despite predictions of major price increases, actual investment activity has been hesitant, indicative of a careful strategy. The author emphasizes the importance of waiting for clearer market signals before making investment decisions, particularly how psychology may shift in response to sideways movement in prices.
It's not a massive groundswell of people racing for the exits, but a larger proportion than normal are taking profits or protecting capital.
Most people will HODL until a certain threshold and then sell low to buy lower. Market psychology will likely change if we continue to go sideways or down.
Read at Hackernoon
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