Why is #BTC price still at the same level but other altcoins are down a lot? Does a bearish market seem to be starting or is the ETF confusing investors? Here are some questions I will answer them today in this post.

It is said that when a person lives in a society, he understands a lot about that society. It's the same with me that I've been in the crypto market for 7 years now and I've got a lot of experience and understanding of the ups and downs of the market.

I will try my best to share the answers to these questions for you friends. As we all can see about 90% of the coins in the crypto market have fallen in value at the moment.

But what's more, the #BTC price hasn't gone down in price yet. So what would be the reason why other coins have fallen even though all other coins follow #BTC and BTC is still up in value.

According to my information and knowledge ETF news is about to close. There will be an ETF update tomorrow or the day after which has 3 scenarios that may be approved, rejected or postpone. In all three scenarios the market has to show movement.

Now that ETF news is around the corner, investors are looking to take their safe side. Because in this case #Bitcoin has to crash very badly if the ETF is rejected and necessarily if BTC crashes all other coins will crash very badly.

In this regard, investors are selling some of their holdings and waiting for news. This is the main reason why altcoins have crashed while BTC is still holding its position.

This is one of the main reasons why other altcoins have crashed despite BTC being stable. Investors may want to withdraw their investment from altcoins which can be very risky in this scenario.

Now coming to the second question whether the bearish zone has resumed. Not at all in my opinion. This market is falling back so much just for the sake of news.

Otherwise, we are already in bullish phase and Bitcoin has gained tremendous value. Essentially, if the ETF is approved, we will enter the extreme bullish zone.

And if the ETF rejects, we will enter an extreme bearish phase. So I guess it's now dependent on Totally News to choose the bull and the bear.

There is no doubt that the entire market, including investors, is confused and doesn't know which way to go. According to my view 50% holding should be hold tightly as there is a high probability that the ETF will be approved and the market will boom.

This is my attempt to update you guys about the crypto market situation. In this post I have answered some questions that many investors are looking for answers to. It has also mentioned what are the possible scenarios after the ETF news.

I hope this post is educational and informative. If you like the post, please leave feedback in the comments section so that the next one will be even better. Thank you for sticking with me until the end.

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REMEMBER: We should prepare for the unexpected and hope for the best. Life may not be easy, but you must do your best and leave the rest to God.

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