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Right Now many people can't understand the market state.
Some are quitting, believing there is now way to make money here.
Don't quit if you don't understand what's happening and why market bleed.

There is a sheet showing market state every month.
And August-September always shows the downtrend.
People skip this fact and starting to believe it's done...
But how it really works, let me explain:

1/➱ Government actions
When governments introduce strict crypto regulations, ban exchanges, or impose high taxes, it creates uncertainty.
Investors may panic and sell off their holdings to avoid risks, causing prices to drop as confidence in the market decreases.
The recent example with $ETH ETF:
Governments are constantly trying to get crypto under strict regulations.
So they manipulate funds to liquidate some of their previous approvals.
e.g. yesterday VanEck announced that they are closing their EFUT.

2/➱ Losing hope in Alts
When traders lose confidence in altcoins, they may sell off these assets in favor of more stable investments.
This lack of trust mainly comes from fund unlocks, as most of them are selling off, dipping the price.
I will take Starknet for example:
Each unlock brought the price down while the MC stayed +- the same.
This happens due to the token quantity.
Unlock ➱ More tokens ➱ Same MC ➱ Price dip

3/➱ Market Correction
After fast price growth, prices naturally pull back to more realistic levels.
You need to understand that markets can’t constantly grow.
So the MMs sell off their assets to correct the price level.

Not everyone can profit, the dev can't just instantly make every holder rich.
If the token is constantly growing, there is no reason to sell it.
It's just economically impossible to maintain such projects.
So market correction is a necessary and natural thing.
4/➱Media FUD
Especially in a bearish market, the media starts to create and spread FUD.
Even big companies or KOLs can create them.
They do it in hopes to shake off the old holders and find new, uneducated hands in market.

A recent example may be the Germany BTC huge sell that seeded a lot of FUD and dipped the price.
Right after that BlackRock bought over $200M worth of it, just the right timing right?

All I can say is adapt.
Doesn't mean if we are at the lowest point or not.
There are always opportunities to make money.
Find them and eventually, we will grow back, and hopefully break the $BTC $100k ATH.
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