my answer on "why market is dumping ???"
can be helpful for people who aren't long time in crypto ♦️♦️♦️
it's simple actually - reason is $BTC .
people afraid of btc double top. and starting to sell their alts + btc losing its support on daily chart what means = drop will more down in next weeks/months. and drop can be HUGE. even till 40k for btc.
btc move down = alts will move down more. it's kinda fomo SELL, same as people did on $NOT , but that time they were buying because "we will never see this price again" now it's same. but opposite
+ people fixing their profit from alts which did more growth compare to #btc . example $PEPE or #sol .
+ all of this signs can show us we re entering long term bearish season .
there should be some pullback up to exit if you are holding . but not sure.
be careful.
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