At the moment there are a lot of coins in areas of interest.

If the market is less than 65%, you can buy more.

If the market is at 65%+, you don’t even have to look at the charts.

I don’t see much point in discussing yet another local intimidation. Over the last 1.5 years, one could get used to it; nothing great or terrible is happening.

A bit of psychology and a moral kick 🦾

Is it scary in the market now? - Yes

Is the majority of the market sitting in alt? - No

Even the most persistent ones have already either quietly, without further ado, or emotionally and publicly sold their portfolios, finding themselves either in the red or in a small profit, depending on at what point they entered and how long they held.

Was this already on the market? - yes, every new cycle is the same thing, the same conversations in chats, the same “logical” conclusions.

Why another strait?

- because with each new cycle the hamsters become smarter and more emotionally stable, and if the swing is a bit delayed, it means that not everyone has yet been convinced of “Bitcoin will go to 10k right now and the viola will be scammed”, which means another round of American racing is needed))

How will it all end? - as always, 90% will remain either in the red or in a small plus, which cannot even be considered a plus, 10% will take their profit.

To everyone who wants to sell, I recommend that you go grab some valerian and remember that a number of months ago, when you got to the market, to this channel, to any other channel, to the stock exchange, downloaded your wallet and bought the first coins, the thought in your head was “yes, I’m ready to hold for the long term.” and I’ll easily survive drawdowns, I’m not a sucker” 😀 and what changed with a drawdown of -20%?) Is the long term over?

Any financial market is a very cruel place that always seems clear to everyone, but at the same time for hundreds of years it leaves the majority without pants for one simple reason - EMOTIONS!!