@everyone

Market Correction, What Should We Do?

In the last 24 hours, the market has corrected, so the price of Bitcoin dropped from $102K to $97K, which made the market "red". So, what should be done as a market participant in crypto?

*#1Stay Calm.**

Understand that corrections are "normal" to occur during a bull market. Buyers who have accumulated Bitcoin long ago always have plans to realize profits, causing a price correction. Look at the catalysts in 2025, such as the potential top that is still until the end of the year and Donald Trump who will only be inaugurated on January 20, 2025.

*#2Identify Strong Support Areas.**

When the market is corrected like it is now, when we want to "buy the dip" or make a purchase, we need to identify the support area. Look at the strong support area on the daily or weekly chart. Pay attention to psychological numbers, and also pay attention to the potential chart pattern before finally making a purchase.

*#3Use Multiple Entry, Don't Buy the Dip with Leverage.**

During a "red market" like now, we must 100% avoid leverage, let alone buying corrections with leverage. By not using leverage, we will be kept away from the potential for liquidation that may haunt us. If we use the spot market, a multiple entry strategy can be done.

*#4If You are in Doubt, Stay Out!**

If you are still confused about what to do when the market experiences a correction like now, the best step is to "stay out" or do nothing. The market is a place that is open 24 hours so that whenever we want to do something, we can do it and opportunities always come at any time.