Considering the recent downtrend on the crypto market in less than 24hours, the market has recovers over 10% profit.
Many start-up projects has delayed listing for months due to the market conditions
Many listed projects who have listed below ico price for the fear of its price being dumped.
Holder don't know if to sell or hold.
What are we to expect next? Bull run or just a trap?
It would be hard to tell that the market will no longer recover. There is a higher tendency that it would but one thing is for sure; no one knows when will such thing occur. As such, it would be better to not make any action at this moment particularly with investing to newly listed cryptos in order to not fall into trap if ever the recovery will be taking more months to occur.