Many ask what is happening in the altcoin market. They say correction. Is it a correction? Or is it something else? And why are all currencies declining together?
My brothers, many of you are worried and I understand that, and you may have many questions about what is happening.
* First, before explaining, I will say that the market will return to what it was and better, meaning that the decline will not continue.
♦️ What is happening?
The word correction is not the right word. The right word is withdrawing a large amount of liquidity. We ask why?
Many companies withdraw their profits in the last month of the year. Also, those who finish reserving futures contracts will resort to selling them to make profits as well. Therefore, December is a very volatile month in prices, and I usually use it to buy and benefit from the decline in currencies. A few days separate us from a rising wave. But I can tell you to wait for February 2025, then the serious work will begin.
Wishing everyone success.