The crypto currency market entered a new correction process in which harsh fluctuations took place. Veteran investor Chris Burniske said that this process was a short -term withdrawal and carried out a similar medium cycle correction observed in 2021. According to Burnisk, this correction may offer long -term recovery opportunities.
Bitcoin $96,845.3Ethereum $2,659.9 And the sudden decreases of crypto currencies such as Solana in recent weeks attracted the attention of investors to market dynamics again. Market experts invite investors to be patient by stating that these decreases are part of natural volatility.
Medium loop corrections and 2021 similarity
Chris Burnisk stressed that this correction should not be seen as a cycle summit. According to him, this process is reminiscent of the period in April 2021, where Bitcoin lost by 50 percent. Stating that such decreases are in the nature of the crypto currency market, Burnishe said the market will tend to recover from short -term fluctuations as in the past.
Investors draw attention to the importance of being patient in existing market conditions. Although medium cycle corrections may seem like a risk for many investors, they can turn into important opportunities with the right strategy. Burnisk said that this period could create the chance to recover for quality projects.
During this withdrawal, Bitcoin is traded around 96,747 dollars, Ethereum $ 2,644, and Solana $ 201. Market experts think that these levels can prepare the ground for new rise in the future.
Risk management stands out in investment strategies
The current correction period pushes investors to review the risk management. According to experts, it is of great importance to shape portfolios in line with long -term strategies during these fluctuations. In particular, strong projects such as Bitcoin, Ethereum and Solana have the potential to recover.
Investors can closely follow market trends and evaluate possible opportunities. Past experiences show that there may be strong recovery after sudden retreats. Being patient and cautious in this process is critical for long -term earnings.
Recent fluctuations reminds the risks in the market, but it contains opportunities. Market experts emphasize that investors should carefully examine market data under any circumstances and create their strategies in this direction.
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Responsibility Rejection: The information contained in this article does not contain investment advice. Investors should be aware that crypto currencies carry high volatility and thus risk and carry out their operations in line with their own research.