After this round of significant pullback, many relatively high-quality coins have retreated to the most critical support levels!
The reason for not being able to enter the market on a large scale now is also to wait, waiting for Bitcoin and Ethereum to stabilize completely. Currently, the market is starting to show panic, and there is a bit of hesitation to enter the market.
The main concern is still that after a large-scale entry, there could be another round of selling. This is something that market makers often do; when everyone thinks the price has dropped enough and starts to enter, the market makers execute another round of selling thoroughly, and then they begin to push the price up. Waiting a bit longer doesn't hurt!
The reason for not being able to enter the market on a large scale now is also to wait, waiting for Bitcoin and Ethereum to stabilize completely. Currently, the market is starting to show panic, and there is a bit of hesitation to enter the market.
The main concern is still that after a large-scale entry, there could be another round of selling. This is something that market makers often do; when everyone thinks the price has dropped enough and starts to enter, the market makers execute another round of selling thoroughly, and then they begin to push the price up. Waiting a bit longer doesn't hurt!