The cryptocurrency market witnessed a price downturn during the holiday season. BTC, $ETH $SOL and prominent altcoins such as XRP and $ALGO all experienced price drops. This downturn resulted in low or negligible returns for many traders and investors.
However, this current market decline is seen by many traders as an opportunity to acquire cryptocurrencies at lower prices. These traders are adopting a "buy low, hold long" strategy, positioning themselves to capitalize on the next market upswing.
While the crypto market is currently experiencing a bearish trend, Bitget's Christmas and New Year Lucky Draw event presents a valuable opportunity for users to acquire rewards such as BTC, SOL, BGB, and BWB. This can be a beneficial avenue for users to expand their cryptocurrency holdings during this period of market downturn.