I haven't seen any good news. Now the entire market has no signs of recovery. Institutions are dying of losses, and retail investors are dying of losses. How can there be any news of rising?
Yes, there is no good news yet that plays a role in the markets recovery. The year 2022 was the year of collapses and bankruptcies. Many prominent companies went bankrupt and cryptocurrency prices collapsed frighteningly. Investors suffered losses in Luna and UST currency then came to the collapse of FTX and FTT currency, And to this day, the Federal Reserve is still raising interest rates to make it difficult for the crypto market to recover again during this year. I see that the crypto industry has a time that may last for years until it recovers again, but we should not be pessimistic and panicky, and we must be patient for this day.
Market is in holidays mood now, as evident from low trading volumes. Hopefully,investors will make buying after the new year celebrations. It is commom practice that investors readjust their portfolios in the beginning of year by selling under performing asset and buy new asset to align their portfolio in line with their financial goals, which triggers trading activity in the market. Let's watch and wait, what new year brings for us.