Yesterday was a long ride. I think a lot of people get liquidated. Special all people that use leverage without stop loss.
So what do I expect? The market cleans out a lot of speculators and short-term holders. Only true holders and crazy people that have balls of steel are in the game.
Some gamblers may be too, but most people don't have the balls in such situations to hold or even stronger balls, buy the dip.The picture above shows IMO really good the winners. The crazy that hold no matter what and the people that buy the dip.
Any other action should end up in pain. Even short seller, people that thought, its the end of bullrun. Because most should doesn't believe this recovery happens.
It takes guts to leave your crypto portfolio opened even when there was a downward trend on the market,but i am happy that the market is becoming bullish again and i hope it stays that way..
agree!