This image is very familiar, where have we seen it before? :)) . $BTC reduced the price by a few K, causing #Altcoins2024 to continue bleeding. Most are preparing to retest the bottom.
Unstable psychology has not appeared as long as BTC has not breached 60K. Altcoin has not had to split more than 2 weeks ago.😀
This article is still the same as mid-2023, right? At that time, BTC fluctuated around 2xK and controlled Altcoin /3 /4. Currently, he has been around 6xK for more than 3 months now and Altcoins are mostly /4/5.
Before breaking ATH, BTC had 6 consecutive months of growth, altcoins also benefited from that period, so the market needs a re-accumulation period before there is a wave.
Last season, the coin split 5/6 made traders bored, along with the covid epidemic affecting everyone's life, causing players' psychology to collapse faster and sell out.
This season things are "quieter". Perhaps there needs to be news of economic recession to make players more afraid.
Most AEs currently have experience so the bookies probably need more time to "influence psychology" and the market from now until the end of the year being boring is a very common occurrence. So bullish AEs need to be mentally prepared, because difficulties still lie ahead.
The road to success is never easy. So very few people achieve it. If AE is full of goods and runs out of money, and have faith in next year's cycle, turn off the app and do something you like. Wait for VTV to report that BTC exceeds 100K then turn it back on. At that time, there was less pressure to make a profit, AE. Just go through the To the Moon part. 😀😀