According to @ThinkingUSD, the current sell-off is among the most vicious and stepping in front of it is difficult for traders, source: @ThinkingUSD. Many participants appear to be waiting for a snapback before deploying capital, signaling cautious positioning and low dip-buying appetite, source: @ThinkingUSD. The author adds that buying the bottom should feel terrifying, emphasizing the psychological difficulty of bottom-fishing during sharp declines, source: @ThinkingUSD.