Yes it is, hence we are still in bear market it's still inevitable that we still have downfall in the market and with the negative sentiments of FTX collapse, it created more fear to everyone especially future investors in crypto industry. Nonetheless, next year might be a little turn around of the market that's why it's best to stock up those bags and hold for next year or next halving it is.
when will this FTX thing get over ? because almost every side of the forum i am reading this about what is the effect and how this damage the market , so how long will we see this and when will stops?
wondering that we will still live with this all the year till next of 2023?
Forever Cryptocurrencies will be like now that is up and down it can occur without our guess, like the end of 2021 when the market reaches ATH I am very optimistic that the market will not drop as it is today, even I am very sure ETH will not drop below $ 2500, and the results It is like now even dropped under $ 1000.
every Down follows by Up , so meaning if we are seeing this happening today then tomorrow it will change?
i mean not that soon but at least the changes will happen every after effect .