When I was looking at the market situation today, the greed, and the market index, I thought of trying to observe the overall sentiments in the market. It looks like the market is surely not in good condition at the moment. We surely can't deny the fact that this is not a good situation in the market. Surely, one of the reasons that has impacted the market negatively is the Binance exchange hack, but it is not in our control. That is why I believe that this situation is surely not a great sign in the market. However, if somebody is trying to enter the market for the long term, then probably this can be a good time to enter.

I can't say if the situation will stay like this for a long time because this hack is a big event. Despite whatever has happened, the exchange has done pretty well by assuring that there will be no loss to the users, which is a big thing. I believe that the recovery will take time, so I'm not expecting any significant move in the market this quarter also, even though we are at the year-end time.

I have stopped my SIP buying for some time because I want to see how the markets will take a turn. If it is going to be on the lower side, then I will start again. Anyways, buying more Bitcoin is good, but if it is coming at an even lower price, then it's even better. I will be trying my best to see if I can do that.
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