I am seeing REDS

[Abubakar56]

Seriously for the past few days market have been red all coins have been down. Today bitcoin dropped below $30k which affected all coins seriously it have not been funny because I can't even view my portfolio currently but I believe bitcoin will definitely bounce back and we are expecting bull run very soon you don't have to panic just hold your coin or you can still buy the dip.

[Prime]

This is a view of almost every day. When the price increase only reaches + 5%, and then the next day the decline even drastically reaches -15%. It's not healthy. The current Crypto market price is really unhealthy. Lots of despair in it and somehow this will end. More spooky because it looks like a bear market.

[gotbounty]

Today, crypto market is experiencing a very bad situation, almost all coins are in red. Even Bitcoin price dropped around $29k, I was very sad to see the Bitcoin price below $30k again. I don't know what's happening with crypto market. In the last few days, crypto market already improved a bit, Bitcoin price can reach $41k. But today, it is starting to go to the downtrend again. I am confused seeing the trend in crypto market.

[shadowdio]

It feels like 2018 where the market went bearish.. It seems the market will be still down for the whole year, I hope that there is a good news for the cryptos that can recover.

[pelana vreo]

I think the situation is still better than 2017 and 2018.
I see the current market trend is stagnant after Bitcoin is below $30k and is currently slowly rising, the decline in crypto market capitalization occurs because some rules have been implemented to stop the activity of Bitcoin miners who use excessive electrical energy in China, but it does not affect the Bitcoin price to a long time, because miners already have alternative energy such as hydroelectric power that can supply electricity to the miners and I believe the price of Bitcoin and altcoins will rise slowly when governments and other countries don't have much reason anymore when miners use alternative energy.

[Anonylz]

It feels like 2018 where the market went bearish.. It seems the market will be still down for the whole year, I hope that there is a good news for the cryptos that can recover.

I believe for me I would want to see it more like 2017 where there was a second Bull rally from around July till December, so I am still hoping with every FUD that has hit Bitcoin this time, the market will be able to rally back to a new ATH before December 2021.

[Freemind]

It feels like 2018 where the market went bearish.. It seems the market will be still down for the whole year, I hope that there is a good news for the cryptos that can recover.

Bitcoin has risen almost $4,000 in less than 24 hours, the current situation is nothing like what we saw in 2018. Now the important thing is the resistance for the fall and the rise in value, if the decreasing resistance is not broken we could see slow growth, but at least it would be a good sign, and that would make the market sentiment change quite a bit.

[KaliLinux]

It feels like 2018 where the market went bearish.. It seems the market will be still down for the whole year, I hope that there is a good news for the cryptos that can recover.

Bitcoin has risen almost $4,000 in less than 24 hours, the current situation is nothing like what we saw in 2018. Now the important thing is the resistance for the fall and the rise in value, if the decreasing resistance is not broken we could see slow growth, but at least it would be a good sign, and that would make the market sentiment change quite a bit.

I agree with you and the rise has actually gone above 19% in between 24hrs



As we can notice from the image chat, it went from about $28+ to now trading at $34, that was a good rally up and I believe even if it might take a bit of time, we will see a new ATH again in 2021.

[Arslan0049]

Don't feel depressed, as it is right market is very red and decreasing .but a time must come when it will rise again. i guess its the right time to purchase and hold. hold for 3 to 4 years can give us a good benefit what you say about it ?

[Giangphuong8489]

Hope you are checking the market today, the market is green thanks to the recovery from yesterday's unexpected drop.
I think whales are still hurting investors to give up this market and hand over 90-95% of the total token supply to whales. Whales can then pump up the token price to create a new FOMO.

[Paglamon]

Market conditions change every time. I think the cryptocurrency market is changing all the time so the popularity around the world is much higher. Because there is a lot of tendency to benefit from the investment. So if the market behaves like a red candle, we should understand that the market conditions may improve at some point in the future. So many people invest in researching red candles and green candles. But good news about Bitcoin or other cryptocurrencies is responsible for changing the state of the market.

[damsix]

It's time for us to be able to store stable coins with the type BUSD, USDT, USDC so that we can buy more cryptocurrencies. And this is wallet is 98% full of Fiat or stable Coin.
I'm also sure after there is a red color it will turn green and this is a simple thing that often happens in the cryptocurrency market.

[Fahmidahaque]

We have noticed that last few day market condition is red sign. Its really a sad news for us because every coin in the market has a red sign means in a loss position because selling is more than buying a coin.

[Callisto]

Indeed, the market is bearish now, absolutely all coins are falling every day, for some reason I am sure that such a state of the market will last for a long time ... After all, a lot of situations in the world have happened that negatively affect cryptocurrency, states authoritarianly prohibit cryptocurrency, miners, and so on, these are all indicators of a fall in the cryptocurrency, but perhaps before a bullish rise, I so want to believe in it.

[Dora Walletinvestor]

Yes, most of the crypto market is pretty bearish right now. If you look at the bright side, though, you will find that these downtrends might give you great opportunities to buy certain cryptos.
Also, I am avoiding panic selling from far away - I think many people fall into that trap, selling cryptos that they had planned to hodl at a low price. Long term, I still think they have a bright future.