The crypto community is split on the current market correction, with some acknowledging bearish sentiment while maintaining cautious optimism for a long-term bull market. Traders are closely monitoring last month's opening price levels, debating whether the correction is a temporary pullback or a significant turning point.
One trader argues that the bull market is not over, expecting only adjustments and fluctuations, despite confusion over the current downturn amid other assets reaching all-time highs. The correction is attributed to market fatigue with Bitcoin rather than fundamental issues, with some viewing it as potential manipulation or coincidental spot selling. Strategies vary, with some selling more call options during the correction, while others plan to hold positions regardless of further weekend declines.
Crypto Community Divided on Market Correction's Significance
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