Without a doubt, this crypto market drop is sharp, however, is it a collapse or a healthy pause?
The regulated market continues to be the compass. No making things up with #BTC that doesn't exist yet and will remain so for years. Really, few crypto projects will be mature enough to have their own base.
The S&P 500 has a very high P/E ratio of 32, when its average is 16.8... that implies it must fall. If the S&P falls, everything falls. Period.
10-year bonds continue to fall, which implies that inflation expectations are decreasing. Good for the market.
Oil is falling and will continue to fall.
The macro perspective is favorable, turbulent but favorable.
In the short term, testing lows for BTC and alts.
There we will see how it arrives and what happens. However, 2025 is bullish for stocks and crypto. Patience.