Crypto Whales Ejecting Out Investors 🐋
Currently, 90% of people who invested in altcoins are in significant loss. Most of these investors have lost faith in future growth and expect more corrections, especially in altcoins.
If we observe most analysts and traders, they are anticipating a swift turnaround and the start of a strong rally. As mentioned before, when the majority expects a specific movement, the opposite scenario is often more likely.
I think we will drop further before bouncing back strongly and seeing the desired altseason. It's important to note that the reversal can be very quick, so we must always be ready.
Many might wonder how much lower we can go. The truth is, there is no definitive bottom. Each new low can bring another correction, potentially endlessly. The key is the market's cyclical nature. Therefore, never invest all your capital at once; you might get many buying opportunities from your entry point until the expected growth happens.
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