Why is the market falling and what could happen?
Well, big rises correspond to nothing less than spectacular falls. This is not new; it has always been this way.
We have seen a practically vertical rise (which we all liked a lot), and now it is time to correct (we don't like that as much).
But there is no hidden hand (just speculators or investors with a lot of money, and their operations can move the market one way or another), like everyone else but without that ability to influence the market.
Corrections are good because they help stabilize the market and purge it before continuing to rise.
Some of the most capitalized cryptocurrencies have hit their all-time highs. Just look at #solana in the weekly or monthly chart. On the other hand, #Bitcoin , which is the reference currency that moves the rest of the market, has hit a psychological resistance (the 100,000) that will be difficult to surpass at first.
Of course, the market, or those of us who make it up, are very fearful; it doesn't take us long to be in negative positions for months or however long it takes, but as soon as our profits retreat a little, we barely take hours to close our operations, or adjust the stop loss as much as we can, which is essentially the same thing.
This is how we achieve a trading history where we can see that our trades with small gains are many, and then we only have 3 or 4 negative trades, but each of them represents astronomical losses. And of course, by acting this way, the curve of our account will always be negative.
So, above all, patience and look at the play in the long term. The crypto scenario has changed. Adoption is unstoppable. There is no turning back. Just a lot of patience, not checking our positions every minute unless we have mental strength of steel, be very careful with the less capitalized cryptocurrencies, and bet strongly, at every pullback, on the most important ones.
The long-term underlying trend remains bullish.