The drop yesterday was not unexpected since the trend on all crypto is downward. ATH was on December 8th and market needs some cooling down. Only the exact dates for the pullbacks are not available.

Depending on when you entered the market you get the results. If you entered your positions on December 6th you hade a very painful experience right now. Hoping that after a month of more than 50% growth this will continue withoit down time... it is expensive hope but valuable lesson.

When in doubt zoom out.

Always check the environment you are entering. Check the trend and look the weekly and daily chart. You will have much clearer insight than on hourly chart.

There are many good writers on Square. Do your research, find the ones who are not using AI to write their post and are on the market far longer than you. They usually made same mistakes in their beginning than you are doing now. They are also the proof that patience, learning and determination pays off. At least on the long run.

#MarketPullback #NewinCryptoWorld #2024WithBinance #ChristmasMarketAnalysis