And here right now is happening the dip I was expecting all week long. Still above 45k which is very very good support to show the market. I think we might still see even 43k before Saturday comes though. Some "bad news" from the industry about the hack of Polygon and defi market has some spillover effect to ETH, and possibly because of wrapped BTC lost there.
Or am I wrong to think any of that has an effect?
Dip? The price is still over 44k right now, how could that be a dip? I honestly think that we are still on a bull run right now, sure the price is not going up like we imagined it would continue, but it is also not dropping that much neither. I personally like the way it is going right now and I hope that it will continue to go up, break over 50k+ and that point it is going to be really hard for the price to go down.
I understand that it is not an easy way to handle this, but it is definitely the right way to do it. For example, if we drop to 40k, we should not go around and saying that the bear is here, that would scare people off and it would definitely hurt us, but if we end up going around and saying that is basically accumulating to grow bigger than it will hype people up and make them buy. We should always think of the drops like that so that others would end up buying with us and the price goes up.