Since yesterday afternoon, the price of Bitcoin (BTC) has plummeted sharply, triggering a significant pullback in the entire cryptocurrency market. The price of Bitcoin has dropped by 6% in a short period, while the total value of on-chain assets has retreated by as much as 15%. Many altcoins have seen their prices crash, almost returning to previous low levels, making investors feel as if they have overnight returned to the pre-liberation period.
However, in such moments of severe market volatility, everyone must remain calm. Investors holding digital currencies should avoid impulsive actions and instead hold firm and patiently wait for the market to stabilize and recover. Meanwhile, it is advised to use this time to focus on investment research in the primary market. When searching for projects in the primary market, it is essential to carefully screen and analyze in depth, ensuring that after identifying stable and potential projects, one proceeds cautiously.