Santiment, a crypto market research organization, posted on the X platform that the crypto market has further pulled back this week, triggering panic among retail investors. Bitcoin and Ethereum, in particular, have been subject to a large number of panic selling by new traders who have just entered the market in the past 2-3 months. These new traders have not experienced medium-sized adjustments before, and they are panicking about the foreign market environment they are not familiar with. Historically, when retail investors start selling out of panic and emotion, whales and sharks usually seize the opportunity to buy more coins with less resistance, triggering a price rebound that may not happen immediately, but market conditions are moving in the right direction.