Can the market go up again? I think it can.
Although this week's market has been extreme, a bit like a roller coaster, don't be swayed by short-term emotions.
Regulations on stablecoins are about to be implemented, Wall Street is making statements, and the Federal Reserve's interest rate hike expectations have also eased. Even Ethereum has started to follow a trend of 'stability with gradual increases'. This wave is not retail investors playing all-in, but institutions positioning themselves.
Can the market still go up? I only look at two things: Are there people really buying, and is money flowing in?
Currently, the answer is: yes, there is still.
But remember one thing: do not chase rising prices or panic sell; buying on dips is the way to go. The market is not afraid of falling; it fears that you don't understand it's washing out participants.
