$BTC Will there be a big drop this time during the BTC correction? Will this lead to a crash of altcoins?
This is a question that worries many. Personally, I believe that with such a movement of candles, it will be hard to go straight down; in the short term, support at the level of 9000-91000, if not broken, altcoins will not crash.
At this position, one must be prepared for two scenarios: one – to prepare for the next monthly candle correction, at the end of the month or at the beginning of the next, which happens most often, especially historically in May, fluctuations have been quite large.
The other scenario – although the market currently has some recovery, the emotion of a bullish market is not high. Overall, the level of short positions among retail investors is quite high, the level of sales is also high (due to emotions caused by previous sharp drops), to prevent the market from sharply rising against the trend, even the possibility of a small bull market.