BTC has dropped to 93k, down 5k from the morning yesterday, however, with the 'good luck' of ETH, it has helped Altcoins in the system remain strong, especially Layer2 and Restaking groups.
If BTC continues to rebound quickly like the last 2 days, then altcoins may also rebound quickly, however, light declines may continue in the near future as they will likely face similar circumstances.
The hot growth period of BTC in the last 3 weeks has helped the market become lively again, memecoins are blooming, coins like ADA and XRP along with some prominent coins from the previous season have doubled or tripled, causing many who previously viewed it negatively to temporarily follow suit, which may lead to slight losses.
With the decrease at this moment, it will feel uncomfortable because of the continued rise, but don't be too sad, the main wave is still ahead, we're just getting started, those who have good positions are showing profits, even though they initially bought at loss, not many could buy at the bottom, but they have also overcome to achieve results.
In every bullish wave, there are always bearish waves, at the bottom of the wave there will be many fluctuations, but after a while shaking off traders, it will run like crazy, remember the wave at the end of last year, take the example of SEI, it fluctuated for a long time around 0.1-0.3, but then it quickly rose to nearly 0.9.
For those who were previously hesitant to buy, the decrease will be an opportunity to buy again if you believe an uptrend will occur next year, don't bid too much and don't expect the coin you are eyeing to hit old lows anymore, because the market makers have worked hard to push it, they will make us buy at high prices and won't give us a chance to buy at low prices anymore. Looking back at ARB SUI in the previous wave will show this.
Good Luck Everybody.