I think and hope that you are right and this is just a symptom of regular people attempting to take some profits to pay off their holiday expenses. We can only hope at this point. I was looking to buy more crypto this week but I am holding off now hoping that I can get some bargains as the market declines further.
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Hope is all we got indeed. But atleast we are in a safer place to grow now. I (and i think more people with me) felt uncomfortable at crypto price so high, without a big correction. Atleast we got that correction now :')