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Market is turning Green

okalok - 2024-07-07 13:38:15

The last few days were not good for the crypto market because everything was dropping and almost every coin was available with red colour which means the price dropped. This is also because Bitcoin was down and along with that the altcoin was bleeding in the market. The fear and greed index was also downed and the entire market was in red which is why people were worried about what was going to happen and some people were expecting the Bitcoin price to go around 50,000 US dollars.


not today it is Sunday and looks like the market is recovering slowly for some of the coins we can see with red colour however the majority of points are visible in green as you can see in the below snapshot. This is a good representation of the market through the bubbles where you can see the percentage of growth and if it is increased then it is showing in the green bubble however the percentage is not higher but still it is not bad.


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Fluctuation is a part of the market and we need to understand that this is not the first time we have seen this type of drop situation and certainly, this is not the last. There can be manipulation sometimes when waves are trying to buy crypto at discounts and we need to understand it because if we lose our crypto then we are also going to lose the profit that we might make in future.


It's better to sell only when our target meets but never sell when the market is down and you feel like things are more on the negative side because this is never recommended. Buy one more people are selling and sell when more people are buying and this is the fundamental of any market which applies to the crypto market as well.


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