Post
Topic
Board Speculation (Altcoins)
Re: Have we opened the bear season?
by
Doell
on 06/01/2022, 23:19:02 UTC
Can't deny, the whole market already turned into reddish but its hard to say that, this is really bearish trend or not. but i think market is passing through correction period cause we have been seeing the bullish market for long. well i expect soon market will be back on its green line within few days. If not and such condition stay longer as 20 days somethings as you said, then can be considered as bear market
looks to have entered a phase in a bear market, this is not a normal correction ! I'm assuming this won't take long but it could trigger a sharp slump ,eg ethereum will be below 3K in the near future and projects on the chain will be affected signal is not good ,hope this wrong