New Year's Madness 🤪
Good afternoon. Based on the current state of the market, we notice a rather interesting situation, the market is red. Many have not corrected their positions (including me) and are now experiencing losses (I have been buying since the end of 2021 and I am still in the black). I think the current situation could be a manipulation. My thoughts: New Year is coming 🎄 it makes sense for people to sell crypto and withdraw money for gifts, a festive table, etc. And for whales, this is an opportunity to buy at a discount, and they organize this discount. To prevent us from relaxing too much and gaining too much, the market was pushed down. People who bought in euphoria, at the peak with their last money, people who have a difficult situation and, apart from cryptocurrency, have no money for the new year 🎅 will have to sell their cryptocurrency (and I'm sure there are enough of them too). And here comes the sale, someone succumbs to their fear and sells too. In the future, when growth resumes and we see new ATHs from people who sold, a feeling of FOMO will wake up, which will be a catalyst for new purchases.
I want to say right away that this is just my opinion. I am not a professional trader, nor a millionaire (yet 😁). I am a regular resident of Binance and a long-time HODLer.
X20 to all for the new year! 🎄🎊🎅🪅
