Will it continue to fall? When will it bottom out?
If BTC continues to fall like this, it will really reach 48,500. If it passes this level, panic may intensify and the major adjustment of this bull market will intensify!
Market sentiment will also change quickly. Currently, small investors are frantically selling and waiting, wanting to form a group and asking everywhere whether the price will continue to fall. Large investors have already started to enter some front positions! Although the market is falling, the purchase volume of stablecoins such as USDT continues to increase and even intensifies. From this point of view, everyone is hoarding U and waiting for the opportunity to buy at the bottom. They want to eat their fill in one wave, right?
However, in this round of bull market cycle, there is a major adjustment and clean-up. I think a drop to around $46,000 is normal. Such a pullback is common in a bull market. In a bull market, a 30-40% drop may occur without disrupting the overall upward trajectory.
Understanding “Normal” Bitcoin Corrections Historically, Bitcoin has experienced several major pullbacks within each growth cycle.
These corrections (where prices can drop by 30-40%) are considered “healthy” and part of the natural ups and downs of the market.
In this round of bull market, various financial institutions are competing with each other, and the situation is intertwined. Even two major adjustments are possible. If you have small funds, don't be careless. If you have millions of U of funds, you can build a position according to the 1, 2, 3, 4 position management methods!
Ambush these 3 altcoins to achieve 100% returns in the bull market!
1.ARB
Arbitrum is an Ethereum layer-2 scaling solution that uses optimistic rollups to improve speed, scalability, and cost-efficiency. The project’s resilience is reflected in its ability to maintain Ethereum’s security while providing lower fees and higher throughput by offloading computation off-chain.
ARB holders actively participate in governance through the recently established decentralized autonomous organization (DAO) structure, Arbitrum DAO. This shift improves transparency and community engagement, increasing the appeal of the project.
Arbitrum's success is based on proven technology that solves Ethereum's scalability challenges, providing users with a more cost-effective and efficient experience. The community's positive sentiment and active participation in governance discussions reflect its strong growth foundation.
2.LAND
Landshare (LAND) is a tokenized real estate ecosystem that provides an opportunity to invest in real world asset (RWA) tokens. The native Landshare RWA ($LSRWA) token facilitates investment in fractional real estate assets. These assets are digitized via the blockchain, and each RWA token represents a percentage of the real estate value at a 1:1 ratio.
Landshare’s native utility and governance token, $LAND, can be used for trading and redemption across the platform. The rise in the token’s price is a testament to the platform’s popularity and growth in recent years.
Simply put, the coin achieved significant price levels during the last bull run, and if it repeats the same performance in the next bull run, the LAND token price could rise 10x from where it is now.
3.IMX
Immutable (IMX) is the first layer-2 scaling solution tailor-made for non-fungible tokens (NFTs) on the Ethereum network. The platform solves key issues inherent to Ethereum, such as low scalability, poor user experience, lack of liquidity, and slow developer interactions. Immutable’s blockchain promises to provide users with instant transaction capabilities, high scalability, and a fee-free environment for minting and trading NFTs — all without compromising user or asset security.
Investors watching Immutable in 2024 are attracted by its unique positioning in the NFT space. Its value has surged 220% over the past year, reflecting growing confidence in the project's ability to revolutionize the NFT ecosystem. As blockchain technology continues to evolve, Immutable stands out as a trailblazer, providing a powerful solution to Ethereum's limitations while offering a lucrative investment opportunity in the burgeoning decentralized finance sector.
