Red Candles dominating the crypto market

[Azharul]

It is true that the crypto market has been witnessing a massive decline over the past few days, with most major cryptocurrencies, such as BTC, ETH, DOGE, and PEPE, experiencing a strong decline. This has created some adverse conditions and ups and downs in the market. Often, there is some slowdown in the market before the Christmas and New Year festivities, as investors take profits or close positions for tax-related reasons. This can lead to some declines, which can later stabilize.

I also believe that sometimes we can see red candle in crypto currency market. I think that there are many reasons to held for this situation. We could understand in this time many people were buy and sell there crypto currency in this time. So I believe that it will be main reason for this reason. We also believe that last month of the years festival also will be reason of red candle in crypto currency market. So I believe that within a short time bitcoin or cryptocurrency market will be starting bull run in crypto currency market.

[LogitechMouse]

---
Could this be the beginning of the bearish season?
Or this is as a result of the Christmas Celebration which is coming few days from now???

Ur thoughts

I'm leaning towards the fact that there are some crypto holders that are cashing out their assets for the upcoming holiday season. It's possible and we just saw it in that recent drop that happened days ago.

Start of bear season? I don't think so. I mean it's too early for that to say and based on its price movement during the last bull market in 2021, the market should go up in the first 3 months of 2025 before going down significantly. On the flip side, there's a chance that this might be the start of the bear season already. Anything is possible especially now that we have the institutions buying Bitcoin as well.

We might see some things that not happened in the past that are happening right now. As always, expect the unexpected and always be ready.

[examplens]

Could this be the beginning of the bearish season?
Or this is as a result of the Christmas Celebration which is coming few days from now???

This is common panic thinking. After several days of consecutive growth and a green candle, the first correction is immediately considered a bearish trend. It is simply not possible for the market to be constantly and for a long period in the green.

These are the moments when investing in some experimental tokens (not to mention shitcoin) turns into a long-term bag holder.

Yes, holidays can certainly have an impact, at least that's how it looked in the past several years. I guess, people are less active because they are more dedicated to travelling or whatever they are doing at this time.

[Nheer]

---
Could this be the beginning of the bearish season?
Or this is as a result of the Christmas Celebration which is coming few days from now???

Ur thoughts

I'm leaning towards the fact that there are some crypto holders that are cashing out their assets for the upcoming holiday season. It's possible and we just saw it in that recent drop that happened days ago.

Start of bear season? I don't think so. I mean it's too early for that to say and based on its price movement during the last bull market in 2021, the market should go up in the first 3 months of 2025 before going down significantly. On the flip side, there's a chance that this might be the start of the bear season already. Anything is possible especially now that we have the institutions buying Bitcoin as well.

We might see some things that not happened in the past that are happening right now. As always, expect the unexpected and always be ready.

Same thought here this can’t be the bearish of bull run is so fast at least bull run usually last longer than this so I still believe we still have 2025 to earn and get profited by bull run. Bull run is probably going to reach 2025 and will surely last more than this with the market strategies we still have enough time to recover and enjoy much bull run in 2025.

 A lot of industries and companies are really going into Crypto currency so we still have strong belief that the market will soon pump and get the green light going smoothly we just have to excess a lot patience and trust the process.

[Sim_card]

Bitcoin cycle is four years and from that calculation, the bear market should be in 2026 but we might see it in Q4 2025. What happened is a price correction for an unexpected high pump which is a norm in bitcoin price movement. The price will bounce back and this is an opportunity for you to buy at a cheaper rate to fill up your bag if you have the funds.

[Bobcrypto]

hoping this is just the effect of Christmas, not because the bearish is already in sight, there has been no profit taking because we are still hoping for Trump's inauguration later
if this has indeed entered a bearish period, we can only be patient and wait for the next 4 years

I think there is no bear flag yet in my opinion, there are several panic selling for the past 6 days, that lead to heavy downs trends movements, I am expecting some corrections on the market after the last ALL TIME HIGH at $108k.
We can also attribute the recent decline of Bitcoin prices to the Xmas and holiday periods where many people will be off the market with some TP (Take profits) options. However, I think Bitcoin we will bounce back stronger in 2025.

[kulkhan]

Bitcoin cycle is four years and from that calculation, the bear market should be in 2026 but we might see it in Q4 2025. What happened is a price correction for an unexpected high pump which is a norm in bitcoin price movement. The price will bounce back and this is an opportunity for you to buy at a cheaper rate to fill up your bag if you have the funds.

Yes i also think in last quarter of 2025 or first quarter of 2026 Bear session will come. And then we can full fill our bag in bear market.

Now bull session running, we know down market come after every bull session. So who we are could not profit in this bull session they can wait for bear market. Then we will buy crypto and hold for bull session.

[Stuart]

The price of Bitcoin has lots of effect on the market, and when if faces a declination, so does the entire market. But I think this is a retracement for another bull run for 2025. This is an entry for new crypto investors and enthusiasts to join the campaign now.

As the festive season gets closer, things like this always happens. Crypto holders sell off to get out profits from the market, yet opening new positions for market entry.

I found out from an article that the Fed has something to do with this price decline, due to the Fed Reserve cut. All of these are reasons for this red candles all over the market chart.

Even as we are expecting new price surge, Bitcoin and crypto currency at large can be affected by any news either in favor or not, which will affect the price positively or negatively. I'm not sure the bear market has started yet, till after the inauguration ceremony, except the decline continues.

[bayu7adi]

As of the past few days, the market is experiencing a drop down in price massively from majorities of the Crypto currencies.
After BTC was able to spike to over $108k, for the consecutive three days according to my observations the market is dropping massively....
Major ALTS and Memecoins also are feeling the heavy impact... Including PEPE, DOGE, ETH etc.....

It is clear that the Bears are winning now and the red candles are the dominants of the Crypto market.

Could this be the beginning of the bearish season?
Or this is as a result of the Christmas Celebration which is coming few days from now???

Ur thoughts

Seeing the market conditions since last week which have been declining, I also took a little preparation to make a purchase... yes, the amount of BTC that I currently have is actually running low because I have taken previous profits... even though the candlestick is red, it is like a call for me to start buying some more coins with the profit balance that I got from the previous holding.... this could be a good entry point...

Now bitcoin is at $93k, from the ATH of $108k that occurred a few days ago... a 13% discount for now.. and I still have confidence that for Q1 2025 Trump still has the power that the cryptocurrency community is waiting for. That is likely what triggered the market to turn green again.ned.

[ZAINmalik75]

looks like the price going up again. we couldn't be sure whether this is the start of bear market but bull however is also slowing down which i can understand why there is going to be doubt about what could happen to the prices when a dip like this begins to happen.

momentum indicator seem to be pointing the price to go up specially in the 4hour chart, i would really believe the price will drop again to 92k before the momentum stabilizes and rise up gain. this is jsut my opinion. you may have something different in your chart though.

I don't have a chart for short time frames like 4 hour I don't trade either. I just spend time analyzing the market to increase my knowledge about how it works and to improve myself with time. Why do you think it had to drop back to 92k although it certainly dropped back and now near to $99k.

I already knew though the market will recover and now it seems like it is setting the range of $90k as base and $99k as resistance this range is not good in my opinion just because I don't like it. I would like it if it goes up $100k but there is no likeness and dislike in trading. Next year's bull run will be very bullish.

[JISAN]

looks like the price going up again. we couldn't be sure whether this is the start of bear market but bull however is also slowing down which i can understand why there is going to be doubt about what could happen to the prices when a dip like this begins to happen.

momentum indicator seem to be pointing the price to go up specially in the 4hour chart, i would really believe the price will drop again to 92k before the momentum stabilizes and rise up gain. this is jsut my opinion. you may have something different in your chart though.

I don't have a chart for short time frames like 4 hour I don't trade either. I just spend time analyzing the market to increase my knowledge about how it works and to improve myself with time. Why do you think it had to drop back to 92k although it certainly dropped back and now near to $99k.

I already knew though the market will recover and now it seems like it is setting the range of $90k as base and $99k as resistance this range is not good in my opinion just because I don't like it. I would like it if it goes up $100k but there is no likeness and dislike in trading. Next year's bull run will be very bullish.

During each bull run the market performs well for a certain period and after bitcoin the bull run of altcoins starts until then bitcoin stays around its ATH price.  And in this year's halbing, Bitcoin's bull run has been seen, but Altcoin's bull has not started yet.  It will take some time and Altcoin's bull run will last until the first quarter of next year.  And only then the market will see a big down.  So the possibility of Bitcoin price going below 90-92k is very low now.  Rather, the price of Bitcoin is more likely to stay above $100k.

[nakmantu99]

looks like the price going up again. we couldn't be sure whether this is the start of bear market but bull however is also slowing down which i can understand why there is going to be doubt about what could happen to the prices when a dip like this begins to happen.

momentum indicator seem to be pointing the price to go up specially in the 4hour chart, i would really believe the price will drop again to 92k before the momentum stabilizes and rise up gain. this is jsut my opinion. you may have something different in your chart though.

I don't have a chart for short time frames like 4 hour I don't trade either. I just spend time analyzing the market to increase my knowledge about how it works and to improve myself with time. Why do you think it had to drop back to 92k although it certainly dropped back and now near to $99k.

I already knew though the market will recover and now it seems like it is setting the range of $90k as base and $99k as resistance this range is not good in my opinion just because I don't like it. I would like it if it goes up $100k but there is no likeness and dislike in trading. Next year's bull run will be very bullish.

During each bull run the market performs well for a certain period and after bitcoin the bull run of altcoins starts until then bitcoin stays around its ATH price.  And in this year's halbing, Bitcoin's bull run has been seen, but Altcoin's bull has not started yet.  It will take some time and Altcoin's bull run will last until the first quarter of next year.  And only then the market will see a big down.  So the possibility of Bitcoin price going below 90-92k is very low now.  Rather, the price of Bitcoin is more likely to stay above $100k.

I agree that the current possibility of bitcoin will stay at $100K, although we will often see corrections but the possibility of bitcoin price will rise again after correction.
And the bullish season will still happen next year so we don't need to worry because we can still hold until next year. Maybe in Q1 or Q2 next year.

[Crypto Library]

Could this be the beginning of the bearish season?
Or this is as a result of the Christmas Celebration which is coming few days from now???

Ur thoughts

So let the red candles dominate the crypto market and don't let yourself be affected by FUD (fear, uncertainty, and doubt) and if you see someone being affected by it, save them from there because the current situation in the market is just a market correction and not anything else.
I am confident that the market will not easily turn into a bear market because we have not seen the altcoin season start in the market yet. It will start and towards the end of it, I think the bull season for Bitcoin will end.

[Z-tight]

The price will bounce back and this is an opportunity for you to buy at a cheaper rate to fill up your bag if you have the funds.

I completely agree with you, weak hands panic with every correction in price, even when some of them have experienced similar corrections previously. True bitcoiners see an opportunity to accumulate more coins in any dip, while weak hands see it as a chance to spread fud.

[debra]

During each bull run the market performs well for a certain period and after bitcoin the bull run of altcoins starts until then bitcoin stays around its ATH price.  And in this year's halbing, Bitcoin's bull run has been seen, but Altcoin's bull has not started yet.  It will take some time and Altcoin's bull run will last until the first quarter of next year.  And only then the market will see a big down.  So the possibility of Bitcoin price going below 90-92k is very low now.  Rather, the price of Bitcoin is more likely to stay above $100k.

I agree that the current possibility of bitcoin will stay at $100K, although we will often see corrections but the possibility of bitcoin price will rise again after correction.
And the bullish season will still happen next year so we don't need to worry because we can still hold until next year. Maybe in Q1 or Q2 next year.

Usually that's the case, there will be an increase again after the correction. But maybe now the correction tends to be a bit long. Maybe because it's related to a special moment and also a long holiday. It remains to be seen whether the market will still be in the red candle until the end of this year or will there be an increase until it is in the $100k bag again stably.

But for next year, I'm sure the market will continue to move up again considering that the bullish era is still ongoing. That's why we don't really need to panic to face a situation like this.