Basic math: If an asset costs $100 and drops 60%, it goes to $40. Now, to get back to $100, this asset needs to go up an unbelievable 150%. It's basic math, you can check it out on your calculator. This is what needs to happen for most cryptocurrencies to go back to 0x0. Now I understand why 95% of people in this market are at a loss. Only the legendary "exponential rise" can now save those who bought before the fall. Those who bought during this fall did well. The problem with this legendary exponential rise is that I don't see any narratives for this to happen. Probably the last good news capable of making the market rise will be Trump's inauguration, but after that, what ELSE(?) can boost this market, since at the most propitious moment for a rise, the market almost collapsed. The crypto market has shown itself to be fragile, falling so much and without really justifiable reasons. Imagine if the crisis that some economists are predicting with sharp deflation and a brutal drop in global liquidity really happens, it will be the end of the crypto market. Now with a slight rise, everyone seems to forget that altcoins have not yet recovered even 10% of what they lost. After any significant rise, withdraw your profits, whether large or small, and get out of the crypto market. This whole thing will collapse by 2025. The crypto winter is already coming, you can already feel a cold wind blowing under the door. "Hain, the institutional pipipi popopo" The entry of the institutional was the beginning of the end of the crypto market. The market is now just manipulation. How can hundreds of cryptocurrencies (hundreds!!!) drop in price so brutally in the same minute??? You look at the chart of hundreds of cryptocurrencies and see the SAME movement in the exact same minute... But unfortunately, there are too many lunatics and crypto enthusiasts to see things in a cold and rational way.
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