🤖Altcoin Season Index and Altcoin Month to Bitcoin Month Correlation Index are showing that the market correction is happening very quickly. Only 2 weeks for the market to show how fast the 50% discount is... Just like how difficult it is for our accounts to be divided in half after a few days :)))
👉 If we only look at correlation indicators to evaluate, now is the time for the market to slow down and continue to slightly decrease and then recover for Altcoin and Bitcoin.
👉But in reality, the market is recovering and increasing prices very quickly again. The cryptocurrency market is inherently volatile, so we always have to prepare for other scenarios to reserve capital.
👉 View Assessment: The market is currently recovering quite well and will soon reach the 67-68.000$ mark. Next, we will continue to determine when we approach that strong reaction area