but will crypto rise again?
Weird question. Why not? As if the crypto market had not fallen before. As they say, bear markets are always followed by bull markets. There is no eternal growth, just as there is no eternal fall.
However, sentiments on the market are largely positive, with many experts and investors optimistic that major cryptocurrencies will reach new highs just not very soon.
Market sentiment is strictly negative, and fear has been at extreme levels for many days now. And this is a good reason to buy. When the crowd has negative sentiment, the market soon starts to rally, as the market always plays against the crowd. As for the so-called experts, the media is now full of negative forecasts about bitcoin at 8-9 thousand dollars. And this is another good sign that there may be a rebound soon.
Although long-term investors don’t care about it at all, what is the trend on the market now and who says and thinks what, only speculators and traders are concerned about this. The holders just quietly watch it all and accumulate bitcoins.