If you look at today's crypto market, you will understand how much manipulation has happened. Sometimes it has pumped big, sometimes it has dumped big. At such times, the market behaves as a threat to those who trade futures. Because, at this time, there is a possibility of high profits and high losses...
So, it is safe to stay away from the market as much as possible during this time. Today started with a market pump. The pump of the previous day continued, the market continued to move upwards. But, suddenly, the market started dumping after noon.
In particular, the way Bitcoin dumped has made the altcoins vulnerable. Bitcoin crossed 124,000 on the day, but could not hold this zone. As a result, the Big Dump came down. As a result, Bitcoin dropped from 124,000 to 117,000. And it is currently trading in the 118,000 range.
However, it will take a long time for altcoins to recover the losses caused by this Bitcoin dump. However, coins with strong fundamentals and viable use cases will quickly recover these losses and remain viable in the market.
