Brighter days are ahead of us, this isn't out of the ordinary price action during summer time. Equities are still strong, this idiosyncratic spot selling is dominating all the flow but it will not continue forever.
Crypto traders have the memory of a goldfish. Once this selling subsidizes and ETF news starts getting some momentum, we'll see them all rush in at range highs once again.
No doubt about the bright days ahead of us regarding our bitcoin investment. But before the bright side ahead of us, I believe we would come across the dark side before that. Many people would let go of their bitcoin because they can't cope with the losses and those who believe in the future will end up seeing the brighter side of their bitcoin investment. There is no reason to complain about the downtrend market because it will not last forever, nor will the uptrend movement of bitcoin. Both happen at regular intervals, we can't predict the direction of the market