Looking at the market now with different illustration about the current position, condition of the market from analysis, many crypto traders are coming out with there different analysis of where the market tend to go in the next few days. Some keeps agitating that the trend is still bearish while others come out with various technical analysis of the market, drawing different trendlines to show the support resistance of the coming bull.
We all know that Bitcoin controls the crypto market and it is a good determinant of most altcoins(maybe all). The fall of Bitcoin had affected the crypto market and I think keeping an eye on Bitcoin is very important to determine the fate of most alts in the market. I have seen much number of fud coming up with different technical tools of the market going down more.
What perspective are we going to accept here? Are we going with the analysis of the market going bear contineously or claims that the price will go bullish? Maybe we should just be neutral without being too optimistic or pessimistic.
Following the market, trend should not be as confusing like the way it is currently, especially for those that care much about the market direction and are not too skilled on analysis the market direction.
To understand what is happening with the cryptocurrency market and what will happen next, you first need to stop blindly believing in everything that is said. This is an important mistake, since the influx of such information is aimed at distorting real events. What I mean? I'm talking about the need to look at the trend, that is, at the whole picture of what is happening in general, and not discuss and believe in each piece of news. Now it is already obvious that the world is preparing for the regulation of cryptocurrencies, which means that in any case, the market is waiting for the influx of new money, and hence the rise in prices for cryptocurrencies, however, it is very difficult to say for 100% when exactly this will happen, since the crypto market is currently very manipulative and those who have influence on him do not want the majority to have the opportunity to learn about the plans and, moreover, to make a profit. So I think that you need to carefully monitor what is happening in the market and if you sincerely believe in the future of cryptocurrencies, then try to keep your crypto assets without selling them until the next flight to the moon.