Red Candles dominating the crypto market

[Baofeng]

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.

Yeah, this is just part of the market movement, I mean we have seen this before that after touching highest high, suddenly there is this mentality of the investors to sell.

So just wait for it to settle down and we will see that it can recover even beat the last highest high. We do not want to sell at this point but instead just continue to buy.

[enwi]

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.

Yeah, this is just part of the market movement, I mean we have seen this before that after touching highest high, suddenly there is this mentality of the investors to sell.

So just wait for it to settle down and we will see that it can recover even beat the last highest high. We do not want to sell at this point but instead just continue to buy.

This movement should allow seeing an opportunity to develop a solid long-term strategy that has of course been envisaged. The market conditions that are still in motion create room for reprioritization, so that every action taken is in furtherance of the large ambition we desire. This is always good because steady and balanced decisions turn out to be better than hurried ones in times like these. This is the time that went to focus on some aspects that are frequently unseen and base our strategic moves on them when the market is showing signs of adjustment. Together we foster the bravery to keep afloat in a stream, to look way ahead and to keep on going.

[TomPluz]

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???

December is traditionally not a good time for the world of investing  and I think the cryptocurrency industry is also affected by this mood. People are more focused on the holiday and many traders are partially winding their affairs in preparation for next year. There is a reason why the expected December Santa Claus Rally seems to be not happening as we are instead seeing corrections but this is actually healthy as we are now thinking of 2025. I prefer that correction happen this month rather than making it in January which can cause some withering before the inauguration of Trump.

[Bobcrypto]

Red and green candles are part of the market trends that occur on the daily bases, i am not surprised, the current red candle may be due to traders/investors trying to take some profit.
Red candle could also be normal market corrections which can be for some time, expecting a market recovery. i think the market will bounce back, it is not a big deal, Bitcoin is well known to come with big surprises often.

[MUGNIA]

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.

maybe our hope is the same for this, hoping for a better and stronger increase in 2025. at least if the bearish season comes it won't take long and also the market doesn't go down so much it remains stable if there is a decline

[ZAINmalik75]

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.

According to you when BTC will stop making new ATH and will stabilize itself only then altseason will start? I don't agree with that because the money will certainly flow form BTC to alts but it does not mean BTC will start to lose its value sharply it will make a new ATH in the next year.

If you proved to be true in future then this changes my way of seeing the market too I have different views for market and they mostly changes with time and according to you I think it will certainly take altseason some time to start their rally like until BTC stop making its rally.

[Faisal2202]

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???

This can be possible that bear season is to start but I don't think so because the sentiments of the overall market is telling me otherwise. This is not the result of the Christmas celebration it was due to the meeting of FOMC you must listen to the announcements that Jerome made and that was not even bearish but still the meeting somehow made big impact not only on crypto market but all market like Stock, Forex, Derivatives etc. Overall impact made people lose lump sum of over a trillion dollars due to that meeting (CMIIW please).

The red candles were really scary and made be have a second opinion that what if all the trades went wrong but on 24 to 25 the market was green and today as unexpected BTC again swings back to $95k.

[yohananaomi]

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.

maybe our hope is the same for this, hoping for a better and stronger increase in 2025. at least if the bearish season comes it won't take long and also the market doesn't go down so much it remains stable if there is a decline

It's true that corrections always come, but they don't last long and that's just to give a boost to be able to go higher again. I think right now everyone hopes that there will be a very significant change in Q1 next year, because everyone has determined that there will be a surprise that will happen, even if it misses the time it won't be far from that, so we are always patient and buy again while we can.

[MUGNIA]

It's true that corrections always come, but they don't last long and that's just to give a boost to be able to go higher again. I think right now everyone hopes that there will be a very significant change in Q1 next year, because everyone has determined that there will be a surprise that will happen, even if it misses the time it won't be far from that, so we are always patient and buy again while we can.

true, stay patient and keep adding load if you are still able, actually there is no doubt to keep holding Btc until it reaches ATH higher than before because of the hope of a Trump who supports BTC and that has provided proof of the power of a Trump's words about BTC

[albon]

You can take a top coin dump as an opportunity to reap the rewards of profit. But nowadays most memes play with coin pump and dump because this strategy is a fraud where the value of an asset increases and then decreases rapidly. Scammers who pump and dump financial assets deceive their audience to by causing additional investors to buy. They often purchase large amounts of assets to activate the pump. Pump and dump strategies are particularly prevalent in small and micro cap assets with low liquidity. But if you want you can make profit with this pump and dump line for a very short time buying.

[dekafee79]

You can take a top coin dump as an opportunity to reap the rewards of profit. But nowadays most memes play with coin pump and dump because this strategy is a fraud where the value of an asset increases and then decreases rapidly. Scammers who pump and dump financial assets deceive their audience to by causing additional investors to buy. They often purchase large amounts of assets to activate the pump. Pump and dump strategies are particularly prevalent in small and micro cap assets with low liquidity. But if you want you can make profit with this pump and dump line for a very short time buying.

be careful when investing in meme coins, because we can get stuck at high prices if we don't sell while it's still hype. Meme coins are perfect for short-term investments because their movements are very fast, if the hype ends then the price will drop drastically.
I don't have much experience in meme coins, so I only buy popular meme coins like DOGE and SHIB

[enwi]

You can take a top coin dump as an opportunity to reap the rewards of profit. But nowadays most memes play with coin pump and dump because this strategy is a fraud where the value of an asset increases and then decreases rapidly. Scammers who pump and dump financial assets deceive their audience to by causing additional investors to buy. They often purchase large amounts of assets to activate the pump. Pump and dump strategies are particularly prevalent in small and micro cap assets with low liquidity. But if you want you can make profit with this pump and dump line for a very short time buying.

be careful when investing in meme coins, because we can get stuck at high prices if we don't sell while it's still hype. Meme coins are perfect for short-term investments because their movements are very fast, if the hype ends then the price will drop drastically.
I don't have much experience in meme coins, so I only buy popular meme coins like DOGE and SHIB

Investments in assets that have high active management demands skill so that the decisions made are in tune with the laid down financial objectives. In this case, assets with high fluctuation in altcoins including Doge and Shib must be understood so that we do not get trapped on the wrong side. Which means we are required to have time on hand to constantly observe market conditions in order not to miss the best time to make our choices. It is also suggested that the selection of products that initially have some measure of acceptance may help decrease risk although they do not ensure that the investment will succeed. Individualists believe in utilising analysis to reach the decision making process and so tend not to want to buy as well as sell blindly. This way we can also take care of the risk factor and maintain the course of distribution of the fund according to the capacity without disturbing the overall portfolio balance.

[bayu7adi]

You can take a top coin dump as an opportunity to reap the rewards of profit. But nowadays most memes play with coin pump and dump because this strategy is a fraud where the value of an asset increases and then decreases rapidly. Scammers who pump and dump financial assets deceive their audience to by causing additional investors to buy. They often purchase large amounts of assets to activate the pump. Pump and dump strategies are particularly prevalent in small and micro cap assets with low liquidity. But if you want you can make profit with this pump and dump line for a very short time buying.

I know this is not wise, but I do this too, hoping to profit from memecoin with a very small allocation... yes I can't risk too much for my assets, I do this activity just to wait for the market to experience a bearish... when the bearish market arrives, that's when I start shopping for top coins to supply....

At least I'm still waiting until Q1 2025, because the fear and greed index is at 50, this indicates to me to prepare for the bearish moment...

[Baofeng]

You can take a top coin dump as an opportunity to reap the rewards of profit. But nowadays most memes play with coin pump and dump because this strategy is a fraud where the value of an asset increases and then decreases rapidly. Scammers who pump and dump financial assets deceive their audience to by causing additional investors to buy. They often purchase large amounts of assets to activate the pump. Pump and dump strategies are particularly prevalent in small and micro cap assets with low liquidity. But if you want you can make profit with this pump and dump line for a very short time buying.

be careful when investing in meme coins, because we can get stuck at high prices if we don't sell while it's still hype. Meme coins are perfect for short-term investments because their movements are very fast, if the hype ends then the price will drop drastically.
I don't have much experience in meme coins, so I only buy popular meme coins like DOGE and SHIB

Yeah, of course meme coins can give us huge profit in short amount of time, but it's risky as this point. It could have been manipulated or there are many players inside that it's hard to really track everything.

And what if the chance that pump and dump group sold when you are sleeping?

So just stick with Bitcoin and I think we will be fine.

[TomPluz]

...meme coins can give us huge profit in short amount of time, but it's risky as this point. It could have been manipulated or there are many players inside that it's hard to really track everything. So just stick with Bitcoin and I think we will be fine.

Memecoins can make you rich but can also make you poor anytime as the risk can be high most especially these days when the market is so unsettled. Bitcoin and some top alts can be the safest grounds in cryptocurrency as they have the tendency to make some dramatic rebounds. Hopefully, there will be big good news within January as we can now conclude that the last two weeks of December were not so lenient to the industry...we are seeing REDS even until the last hours of 2025. I would just be smacked if instead of a better bull run there can be a bearish knife to wedged upon the market in the first quarter of 2025. Anyway, let's all welcome 2025 with open arms and an exciting smile!