The market is down, and the mental state is exhausted, frustrating, boring, and I am tired. Until when..!?
Until when? This is not just about the market; it's for the trader who, with every drop, gets stressed and makes himself sick. Young people, health is more important than money. I know that the sustenance that is yours will come to you even if you run away from it.
So, take care of your health and avoid this exhaustion.
Now, back to our topic.
Those who attended the bull run and the previous bear market understand that Bitcoin is still behaving differently compared to previous cycles.
It used to drop 25%, 35%, or 45% in a single candle and drag the market down with it.
Now, it’s less dramatic, and I will discuss its analysis with you in the conversation.
Let’s look at the image below and see why the currencies are struggling.
Index of the currency season 14.
Check the second image that shows the money in Bitcoin and the top 10.
We notice that all the market liquidity in altcoins is only about 7%, distributed across thousands of currencies. That’s why the market is bleeding, and there will come a time when the percentage from Bitcoin decreases and increases in altcoins, leading to a rise.
Now, calm down, relax, and seek peace; this is the market.
If you have the means, buy; if not, be quiet or study better alternatives.
Good luck ❤️