Despite the cryptocurrency market being at its highest level in recent days. After the nice rally, small investors also came to the market after the money flowed into altcoins. When small investors enter the market, suddenly everything starts to go wrong.
When Bitcoin exceeded $100k, people started saying that it was bull season. Small investors sold everything they had and invested in crypto. Some may have even taken out loans. There have been 20-30% declines since yesterday. Long-term investors realized their profits. As such, the small investor sold the asset he bought at a high price at a low price. And he lost. When it rises again, he will buy it and the process will continue like this. When it falls again, he will sell at a low price.
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