LIVE#BTC & #ETH invertors are destroyed. But it could be Positive.
Investors who put their money into BTC and ETH have seen their investments drop in value recently. This might seem bad, but there could be some good news ahead. Over the weekend, the price of BTC went down 60,660$ and ETH dropped to 2852$. People are feeling worried and talking about it a lot. But sometimes, when many people are selling because they are scared, it can actually be a sign that things will start getting better. We might be at that turning point right now.
As the market starts to improve, going against what people thought would happen, there's a lesson to remember. When everyone is selling, you should buy. This is where we are now - at a moment where the negative feeling are so strong that they might switch to positive.
Analyzing how people feel about the market suggests that things might get better soon, especially since the market has a history of moving differently from what people fear. People expect this positive trend to continue until the excitement around the halving event becomes the focus again.
Looking at the price chart, BTC and ETH have important levels to pay attention. For BTC, it needs to go above 67000$ to show a bigger recovery. ETH has to pass 3500 and should stay above 2700$ to show a longer-lasting upswing.
Even through people are feeling down about the market now, past experiences show that these extreme feeling can happen before the market gets better. The way investor's emotions change, from FEAR to GREED and back, is normal in this crypto market.
Just like fear can spread fast, a recovery can also start suddenly, often when people least expect it. It's important to keep an eye on those important levels.
