The bottom phase of the crypto market always comes with severe psychological challenges.
The market becomes gloomy and bleak, bad news floods in, and coin prices plummet, causing accounts to incur losses, leading many to feel discouraged and leave.
This phase also lacks any strong narrative; the worst altcoins may retest the bottom. After the elections, there may be many opportunities for everyone to recover, even newcomers can easily make money.
History has repeatedly shown that after Altcoins drop deeply by about 70-80% from their peak, it usually marks the bottom and the start of a new growth cycle.
The market is playing a very uncomfortable game of holding and releasing to force people to sell. Personally, I still maintain an optimistic viewpoint.
Therefore, be patient and hold firm, because in the not-so-distant future, we will look back and realize that this is indeed the ideal buying zone.
