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Warning: Altcoin Market is About to Drop Sharply - Take Action Now to Preserve Profits
Hello everyone, I have 6 years of experience in the Crypto market, accurately predicting the sharp declines of Bitcoin ($BTC) as well as altcoins in the past. If you have been following, you probably remember: Advice to cash out all altcoins at the 73k zone, predicting a crash to the 4x range. Keep buying in the 49-53k range with the expectation of reaching 100k starting from August. Accurately predict the timing to reduce altcoin holdings on November 25th. 🚩 Current Situation The Crypto market has just gone through a hot growth period, especially with Bitcoin ($BTC) and Altcoin. However, according to my analysis: 👉 Bitcoin has the potential to drop very deeply to the 80k area or even 7x, leading to a sharp decline dragging down all altcoins. 👉 Altcoins can drop up to 50% from the current price. This will be a major correction, especially dangerous for those using leverage or futures with unreasonable positions.
💥 Things to Do Right Now Restrictions on altcoin trading: This is not the right time to embrace or increase positions. Do not use margin and futures: The upcoming volatility will be very strong, if you are margin, the risk of losing your account is extremely high. Consider exiting: If you have made a profit from the last surge, cash out gradually to preserve the money you have earned. 🎄 Sensitive Timing The end of the year is always a sensitive time for the market, when investor sentiment is easily influenced by major events such as Christmas and Tet. My sincere advice: 🙏 Please preserve capital and keep cash for a warm Tet holiday with your family. There will be other opportunities in the market for you to reinvest and increase profits after the downturn ends. ✅ Plan After the Decline Monitor closely the strong support levels of $BTC (7x-80k). Observe the Altcoin market to find opportunities for reinvestment after a deep correction. Absolutely do not rush to "catch the bottom" during periods of strong volatility. 👉 Be careful with every decision you make, as account safety is a top priority! The crypto market is not only an opportunity, but also a big risk if you do not control it well. DYOR! #Write2Win #Write&Earn $BTC {spot}(BTCUSDT)