#MarketDownturn This decline is not only happening in the crypto market, but also in the global stock market, especially in Asia-Pacific Japan's Nikkei 225 index fell by 7%, extending the downtrend that began last week after the Bank of Japan (BOJ) announced plans to raise its benchmark interest rate to its highest level in 16 years
This tighter monetary policy has raised concerns among investors, triggering a sell-off in various risky assets, including crypto
In the next few months, selling pressure will still dominate
Estimate that btc will possibly touch deeper and this will really shake the crypto market
Hold on and let the market improve its position to be able to rebound, buying on the dip is still the main target...