In the current financial market, investors are often divided into two PIs: pessimists and optimists. However, both attitudes can lead to biases in investment decisions.

Pessimists often fall into the thinking trap of 'carving a boat to seek a sword'. They focus excessively on historical charts, trying to find similar patterns to predict future trends. However, this approach overlooks the dynamism and complexity of the market. The factors that truly influence the market include changes in fundamentals, emotional fluctuations, etc., which cannot be intuitively reflected solely from charts.

In contrast, optimists are more likely to fall into the trap of 'hindsight'. The current market has been rising since the beginning of April and has lasted for four months. However, many optimistic investors have only recently transitioned from indecision to excessive excitement. This belated enthusiasm often indicates that risks are accumulating, but they find it difficult to perceive.

It is worth noting that there have been some significant movements in the market recently. The Federal Reserve has canceled its regulatory plan for innovative activities, and the U.S. Producer Price Index (PPI) for July came in higher than expected. At the same time, Chinese investors are flooding into the Indonesian market, indicating a shift in investment regions. In addition, the Token Generation Event (TGE) of the Binance wallet has also attracted market attention. These factors have collectively led to a correction in the cryptocurrency market.

Whether it's Bitcoin (BTC) or Ripple (XRP), both have been affected by these market changes. Investors need to take these factors into account comprehensively, rather than relying solely on historical trends or blind optimism.

In such a complex and ever-changing market environment, it is particularly important to remain objective and rational. Investors should strive to balance optimism and caution, paying attention to historical data while also gaining insight into changes in market fundamentals and emotional fluctuations. Only in this way can one make wiser decisions amidst the market's ups and downs.