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When rapid, unexpected downside hits, many cope initially because the shock leads to believing the worst is over and prices will only go up now

The real pain shows when time-based capitulation kicks in: more chop, revisits of lows, fake-outs, partial wick fills
This is often (no certainty) how bottoms form after massive declines

If mental state is fragile, slow down, take a break, and return refreshed to make a plan
There's no need to rush to go all-in after prices already bounced hundreds of percent off the lows and recent total madness

Some spot was bought amid the chaos at slightly lower levels, with a cautious approach taken 🫡