Right now, it is looking very bearish for our coins because recently, we had a big loss. Bitcoin and Ethereum almost dropped 10%.
But Bitcoin and Ethereum are still up from previous gains.
It is very difficult if we will have new bull market or new bear market ahead.
What is your personal expectation?
We all understand the volatility of this market, anyway if we look back a bit we've had a pretty exciting time around the beginning of 2023, I think there will be a decrease and a correction around the mark $20000 or even deeper. However, in terms of long term and looking for profit opportunities, I think people in this market need a capital management strategy to maintain their investment in a long term way, a familiar fact here
nothing goes up forever, nothing goes down forever .
I totally agree with you, indeed this market is highly volatile, and most of our mistakes are lack of knowledge in the beginning and then lose patience and miss possible opportunities earn a profit.
Honestly, compared to the ATH it reached and the longer-term view, I believe bitcoin can one day also surpass the ATH or even speculate that $100000, so trust the research and the standard. Being prepared for things to happen even in a long-term downward price situation is an opportunity for us to accumulate knowledge and wealth.