Markets are crashing, and this is why risk management matters.
I previously mentioned that the $81k–$85k area was a good zone to take some profits or reduce risk. Many traders ignored it because everyone was expecting a new all-time high.
Now
$BTC has dropped near $67k, and fear is spreading across the market.
In the short term, Bitcoin may see a relief bounce because a lot of traders have turned bearish after the recent dump. However, this does not mean the correction is over, and prices could still move lower.
For now, I'm not interested in buying altcoins. Any altcoin rally looks more like an opportunity to reduce weaker positions and move into stronger assets.
My strategy is simple: I will continue to DCA into Bitcoin, not altcoins.
$BTC #marketcrashe