Sentiment has hit a new low since the bottom at the end of 2022.

Last night, I even stopped out of some spot positions at 9k, and in less than a day, another nearly $8,000 has evaporated. In hindsight, I'm not even upset about last night's stop loss. The exchange rate keeps hitting new lows, indicating that selling sentiment in crypto is even stronger than in US stocks. We still need the exchange rate to stop falling before there's a chance to get in. A few days ago, trying to catch rebounds around 9k always started with profit, then turned into floating losses. So from 9k on, I'm just going to watch and not try to catch the bottom anymore. Lying flat should outperform 80% of people.