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I was waiting for such a move in crypto space for a while now. I lowered the number of trades as being exposed to the market before such a move is too risky. The hype in crypto should die down soon. Lots of unnecessary and irrelevant groups of participants will be out of the crypto market. I expect crypto to go back to the 2022-2023 volatility levels soon. Always remember, crypto is in the exotic currency pair category. Which means, people will only put money in it during good times. Whenever there is market uncertainty, these would be the very first ones which gets de-risked by all sorts of funds and institutions. Now with Trump's trade wars, we are back to the extreme uncertain market situations. You should take it with a grain of salt if anyone is trying to convince you of a hype train to follow in crypto taking everyone to the moon. We had already been in the moon phase when BTC reached 100k, now we are going back to the Earth phase. Any longs should be taken with extreme caution as it might take you ages to recover if exits are not planned properly.
BY AltChica
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