Quick look at the state of the market

We all know that in these moments, the market is going through a difficult situation, as all cryptocurrencies have fallen to their lowest level in months and Bitcoin has fallen to the level of 42 thousand after everyone had hoped that it would reach 100 thousand at the beginning of the new year, but all this does not cause panic as We have some positive points that appeared in the market.

The idea that makes people obey behind rumors and makes the fear index go down and also makes them sell with a loss is that the news comes quickly. The market has fallen. What happens when the market goes down I think nothing since we are, as we say, in a market that has bullish and bearish indicators and is also subject to the law of supply and demand.

So, any drop is not a cause for concern. Rather, it is natural that we see rising waves and descending waves, and we see the red and green color, but the thing that is worrying is the increase in supply, for example, and here the supply will increase and demand will decrease, but we have a scarcity in most cryptocurrencies that have a fixed total supply, but rather Many currencies such as Ethereum and Binance are constantly burned.

So you do not need to worry, you just have to think with your mind and choose the currencies that you want to buy at the time of decline and you have the currencies that you want to sell at the time of rise and to confirm that the market falls only in temporary cases and is not permanent.

The Bitcoin and the rest of the currencies have started to wake up again and rose to a good level, as some of them rose by nearly 24%, and in total, the rate of rise ranged between 1 to 3%, as the Bitcoin reached 42,600 dollars, an increase of about 2%, while Ethereum rose by about 2%. Approximately 4% to reach the price of 3200 dollars, and Binance rose about 6% to reach the price of 457 dollars.

This positive rise that moved the cryptocurrency somewhat caused the Marketcap to increase to cross 2 trillion again and this is very good as it will push the anxiety away from investors and traders.

So, there is no need to be afraid, only Bitcoin makes a warrior's break before he goes to the next point, and if there is manipulation in the market to liquidate weak souls, do not be part of the game only HODL.