BTC closing the D1 candlestick above 55k today was an effort. Temporarily put some peace of mind for altcoins. Some altcoins have also recovered slightly. It is predicted that today BTC will test the 55k area again and then bounce up and it will be very beautiful.

BTC and ETH actually didn't decrease much, but most of you only hold altcoins so your account drops quickly, that's why I recommend you always have BTC and ETH in your investment portfolio, I know this is difficult. For many of you who don't have much capital, if you hold BTC and ETH, you won't have much money left to hold altcoins, so whatever you hold, just try to get through this period.

This phase of fud is intense, as if there was a pre-arranged arrangement to drain traders' confidence:

- MT Gox returns coins to victims

- German government sells BTC

- During USDT

However, there will be positive news in the near future such as:

- S1 filing for ETH Spot ETF approved

- FTX paid out over $15 billion in cash to investors, most of which will likely be reinvested back into the market.

- Rumors are growing that SOL will be the next ETF

In general, at the end of darkness there will be light. Although we know that the market is getting more and more harsh and difficult to play, we need to learn from experience and find ways to overcome it. For those who survive this difficult period, I think the results will be well deserved.

Wish you all the best