Recently, there has been a surge of panic in the market. In fact, Bitcoin has plummeted so much, but if you look at the ETF, there is still significant net inflow of funds.
What does this indicate?
It indicates that Wall Street views this plunge as an opportunity to enter the market, not to exit. Now, Wall Street believes that the risk market has reacted "overly" to the Federal Reserve's actions on Wednesday, and after the inflation data showed an unexpected improvement, the market is returning to normal.
If market sentiment eases, we can look forward to a rebound of altcoins over the weekend. What goes up must come down, and this is applicable in any field. After a period of excessive panic selling in the short term, there will also be a resurgence of strength.
During this time, there may be some secondary testing of the bottom; don't be afraid, these are all opportunities to get in. Once the adjustment is complete, the crypto world will start anew.