day traders of course they will continue to trade in any market situation. because they do not keep any coins for the long term so they have limited profit and loss limits taken. so that their mentality is already trained. stop loss and take profit on the same day is good for them. for making money for their daily needs.
but for the long term. many also do not leave the market. they use DCA techniques and strategies. they will buy incrementally at the specified support at regular intervals. and indeed in this way the mental is also awake.
Exactly, There are different type of traders and some of them preferred the short term low profit because it's less risky compared to long term holders because they can early exit regardless of loss and profit which they can always avoid big loss when there is a bearish trend while it's still ok if they missed the big profit opportunity. Consistency is the key for day traders to make there trade successful. I know some of them that doing it wrong and using futures to to have more capital which always result to higher risk of losing.