The FUD was very intense and even if the market has recovered a little bit since then the binance coin is still down 15% during the last seven days, so it seems this is not only going to be a difficult week for the market but it would not surprise me if this was a tendency that would remain for the rest of the month, so I think the best thing we can do at the moment is to remain calm and watch the charts, and if at some point the price goes below the current support level then we need to think about buying as much bitcoin as we can.
SEC was rushing to release so many annoucements related to the crypto. It will be so hard for crypto to wake up again. Watching chart will be useless. Buying coins is also involving the more risk at this moment. It's very hard to think if market gonna recover again very soon.
The impact is going to the any crypto in the market.
Perhaps, you can never think of winning if you already have to think negatively. FUDS will never stay long as it passes away but if you make this a big deal and keep it on your mind, you eventually make yourself a loser. At some point, FUDs can be destructive but we can lessen its effectiveness if we ignore them. Because so many FUDs circulating and spreading on the internet which the government has been doing but look, the crypto market remains strong, only those doubtful investors and negative thinking are badly affected while real investors and holders remain calm and easy.