The market is full of fears. Arthur Hayes says that after realizing "Trump will not save the crypt," prices will fall to the level of the fourth quarter of 2024. Someone is waiting for a correction to $70k–$75k in the summer. Someone is panicking that the altcoins will "roll into the dust."
Well, now let's turn on the head
1. Correction is normal
Let's remember 2017. In the summer, bitcoin stood still, and the altos suffered. In 2021, the picture is the same: June-July – pain, autumn – euphoria. It's a cycle. And if the market overheats in the spring, it is logical to expect a respite before the final breakthrough.
2. The United States is not the center of the universe.
Politics influences, but the global trend does not depend only on the elections in the States. The Fed, liquidity, and macroeconomics are what really moves prices. If there is no strict policy on the part of the Fed, the crypto does not have to fall.
3. Altcoins – yes, it needs to be filtered
When bitcoin takes away attention, weak projects suffer. But the strong will survive. History shows that capital does not leave the crypt, but is simply redistributed. First bitcoin, then ether and top altcoins, and only then everything else.
And now about Trump and "does nothing"
Many say that Trump is not fulfilling his promises. But if you look at the facts, the picture is completely different.
1. Gary Gensler was fired – the former head of the SEC, who strangled the crypto market, was dismissed.
2. The SEC policy has been changed – now they work there to improve regulation, not to destroy the crypt.
3. The SAP-121 rule has been abolished – banks have been given the green light to work with bitcoin. The FDIC is reviewing approach to banks and BTC).
4. The welfare fund was created and headed by Lutnik is a person who is in the crypt himself.
5. Initiatives at the state level – many US states are currently working on laws to simplify crypto regulation.
6. The Digital Assets Commission has been established to determine, which cryptocurrencies can be included in reserves.
Trump is really changing the market, but the market has not yet included these changes in the price. It's just a matter of time.
What to do?
1. If there is a sudden correction, this is a chance to buy back, not panic.
2. Altcoins? Stay in strong projects, rather than chasing scams.
3. Don't rush to conclusions. Trump has already launched many mechanisms, but so far their impact has not been reflected in the charts.
The market likes to test patience. Those who give up will then look at $150k and bite their elbows.