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Stop Falling for This Crypto Trap
One that’s very disappointing, to say the least.
The crypto market is moving sideways or still trending downwards due to ongoing friction surrounding tariffs and concerns about a potential global economic downturn.
Some prominent crypto investors believe the bull market is over and we’re returning to a bear market.
With BTC at its highest level of market dominance since 2021, returning above 60%, I’m not surprised by this stance, particularly if you predominantly hold altcoins.
Firstly, I wouldn’t jump to this conclusion. Bitcoin has returned above the $80,000 resistance level (or at least a psychological one) and is around $85,000.
Ethereum and other networks are gradually improving their infrastructure securing new partnerships and growing adoption. For example, the upcoming Pectra upgrades, XRP's greater regulatory clarity and (along with SOL) pending spot ETFs, and other blue chips are (slowly) chugging along.
This is another accumulation phase in preparation for another major leg-up soon. We’re not done yet.
If you’re a crypto content creator, you’ve likely noticed a significant drop in views, reads, downloads, and other metrics.
Regardless of how you see it, for long-term holders and savvy day traders, these sideways movements, volatility, and lower prices are music to our ears.
Amateur crypto investors who lack an…
