Is there a risk of trading when cryptocurrencies are in a downturn?

The truth is that there is no perfect way to distinguish when they will enter a downturn. The best thing is to keep an eye on the charts that indicate the ups and downs.

If we see that prices begin to trend downwards consecutively, it is possible that we are witnessing a significant downturn.

Let’s not panic and worry at that moment when we have some of the strongest coins $BTC $ETH $BNB and we want to sell them to avoid significant losses; instead, let’s position ourselves with an optimistic outlook, meaning with the hope that they will rise. If we add other technical indicators and analyze fundamental data to identify the downturns, we will be better prepared to avoid panic.