The recent drop made me really happy! Corrections are just natural and necessary—it’s completely normal. LTHs (long-term holders) are actually taking profits. Those who have been holding Bitcoin and Ethereum for a very long time have started cashing out, and that’s perfectly fine because they realized it’s time to move on to other, more profitable altcoins.
These sales are crucial because those buying at these levels will hold until Bitcoin reaches around 180K or Ethereum hits 10K. In other words, we needed fresh holders for the second wave of increases to begin, and that’s exactly what’s happening.
Now, I believe Ethereum $ETH needs to start rising non-stop and begin overshadowing $BTC a bit. Don’t panic, and don’t sell cheap to someone else!
