After a few days of adjustments by BTC around the 91-92k$altcoin region, it didn't decrease much when Ethereum maintained a good price range. And today, as BTC rebounds, Altcoin is flourishing.
For a few days now, when BTC has only dipped slightly, so many people, from this group to that group, have been telling each other to cut losses, sell coins, and wait for deeper corrections to buy coins... They think they are smart to cash out and successfully avoid the storm.
But this is really an Uptrend now, the act of optimizing your eggs to be smarter than the ducks will ultimately hurt you at those turns when BTC dips. When BTC dips, Altcoin doesn't decrease much; when BTC is green, Altcoin gets to dance joyfully.
This is the Uptrend season, not just days of Altcoin continuously eating and declining anymore.. You can see that most Altcoins have already established a solid bottom and are now forming higher lows... Even #STRK, which you guys heavily criticized, has now increased compared to its bottom, it's X2 already, you guys.
I often say that in an Uptrend, there are still many small corrections, but then Altcoins will increase significantly.. For example, a 3 drop followed by a 5 rise, it keeps forming up and down in a zigzag manner, to make someone scared or new investors drop their coins... When it gets closer to the end, the market makers will push wildly, with a series of Altcoins spreading good news everywhere.. That's when people sell prematurely or optimize and fomo the most.. That's why even both old and new investors often chase the peak like that.
Yesterday I read someone say to cash 75% Altcoin when BTC is red, I can only wish you good luck, because with the Uptrend here, everyone is grown up and can make the best decisions for themselves.
I have always absolutely believed in the cycle, and I have accepted to overlook all the small waves to focus on this big wave... So BTC being green or red is normal, I only believe that the Altcoin season will still come and grow extremely strongly.. Because that is a large liquidity area for cashing out BTC as well as increasing profits there.
#MarketDownturn #BTC☀