How are you my friends i hope you are all well. There are two types of people in the market, some big investors and some small investors, Big investors don't care about this situation but it is very sad for small investors. When the market falls sharply, I wonder how the market situation can suddenly do that. I know that market graph charts and news mean a lot, But if you look at them, the market is going in the right condition, then suddenly it starts falling down, for no apparent reason. This shows that the market is taken up by itself and then brought down by itself. I want to know how long this market situation will last, And when will the market start to go up?
Charts are good because they help most times to tell the direction of the market, but often times, fud gets the better of the market thus causing dumping, this is just one of the nature of this space, it's highly volatile. There is also a time, a massive good news will be released and you see the marketing pumping, at the same time, getting the better of the market because most people didn't anticipate it.
On the other hand, asking about when the market will pick up, no one can say that, because before now though, there have been a lot of fud and manipulations, which keeps drawing the market back. Now recently, it has picked up, even when people didn't expect and there is already growing fomo towards August, so if all goes according to plan without much fud, and also if the NFT trend keeps on the right track then the coming months will be a good one. Remember this is just my opinion.