It's lucky that yesterday there were four take profits and now we can take part again during this correction. Yes, and now is a pretty good time to buy some altcoins or even Bitcoin because the market conditions are undergoing a fairly long correction in several coins.
One of them is XRP which has experienced a correction of more than 10% in the last 1 week. It's just that fortunately the price is still above $ 2.2, so it's still quite safe. Just tighten and manage our emotions to be calmer in facing this current market correction. Because after this I'm pretty sure the market will soon be on fire again.
I can’t exactly predict the upcoming market movements. BTC may have completed an impulse wave and has started a corrective wave that lasts 61.8%-100% of the impulse wave duration. Or the sideways movement in the past 2 weeks is just a rest before BTC continues to break through $100k to reach $150K and $200K. Things get even more complicated when we try to predict the movements of ALTs as XRP.
If the funds are pushed to ALTs, we will soon have an altseason and XRP will be one of the leading tokens thanks to its recent impressive price increase. The spot XRP ETF will be a catalyst for XRP price increase but unfortunately, it can only be considered after January 2025.
Oh yes, we will not be able to predict how the market will actually run later, in the next few days, months, or years., because that's why each of us must have a strategy to be able to profit from investment in Bitcoin, in a certain way to be expected to achieve the target. and moreover, related to altcoin season, it has indeed started, but just like Bitcoin, it may not be at its peak, so there is still hope that altcoin season will give or make the prices of some altcoins to be able to exceed the previous ATH, like XRP, the hope is so, Then, that's also for the time when, we still don't know, and it seems like it will happen in 2025, not this year as the peak