Currently, the market is bearish but also gaining momentum towards rising back as from where it was before what happened yesterday that the crypto market go bearish all of a sudden, while seeing a large worth amount of crypto asset being liquidated, Ethereum fell and now its rising back gradually, while we are still on the weekends, there should be more to expect to see coming this next week whether the market will rise beyond expectations in continuation for the bull or not.
I think next week the market will also remain red, and maybe the price of bitcoin will decline more sharply than now. When the price of bitcoin falls, of course the price of ethereum will also fall and almost all altcoins will experience a decline next week, because the bitcoin halving is predicted to occur on April 19, this usually happens. We don't need to panic
But the market is no longer dumping, the market is slowly moving upwards. But this dumping may have been due to declaration of war and bomb blasts. However, this dumping will not last long and the market may soon correct itself. When Ethereum hit $2800 at the dump, those who bought in just a few minutes made $200-$300 profit in a short amount of time. Ethereum currently stands at $3060. Those who could not invest can still invest because the market is still at a suitable stage for investment.
This is just a correction due to several factors, perhaps the cause was the declaration of war. If I focus more on the bitcoin halving, because usually before the bitcoin halving there will be bitcoin sales by miners and this will continue until the bitcoin halving. So the current condition, for me, is normal. I agree more with this opinion, many miners sell their bitcoins so the price goes down