The market is currently experiencing a downturn, causing concern among investors. Predicting the movement of BTC, I anticipated a decline, citing several factors. Here's a market update for better trade management:

BTC might dip to 64k and potentially down to 61k if it breaches the 65k support. I foresee it reaching levels around 59k and 58k, where significant liquidation of 10 to 15 billion dollars may occur, reinforcing my conviction of a downturn.

As for ETH, it could retrace to the range of 3500 to 3200, finding support within this zone. Meanwhile, reports on meme coins like $PEPE , $SHIB , $bonk, and $floki reveal losses due to overhyped buying during peak surges. With the meme season ending, expect these coins to plummet, likely halving in value. Altcoins will bear the brunt as BTC dominance wanes.

To navigate such situations, it's advisable to sell gradually and adopt Dollar-Cost Averaging (DCA). Spot traders needn't panic; the market will rebound, but DCA is prudent. Nvidia's AI conference may stimulate AI coin rallies, presenting profit opportunities.

Wishing everyone success; consider following seasoned traders for insights, and feel free to join my community for further guidance. Remember, steady progress triumphs in the long run. #HotTrends #BTC #ETH #sol #DOGE #marketcrash #altseason #xrp $BOME #pepe #Shiba