The entire market is down today, and with the monthly close, we expect to see a correction three times deeper than the initial one. There's also very negative news coming from the US market.
$BTC A strong sell-off is expected next month. Currently, the market is negative, and as the month draws to a close, we see people holding USDT instead of buying altcoins or BTC. This has led to a rise in the USDT and USDC domains, which is not normal. We expect a correction towards the end of the month, and this should continue until the end of the month.
Imagine, dear reader, you buy $BANK and a week later, to your surprise, it has risen to 0.67000, but you haven't sold and haven't taken any profits. You will literally lose half or 95% of your profits, which could even reach 99%, and start losing money. Therefore, whenever a currency rises in a strange and unusual way, it's always a good idea to take profits.
The $CAP currency was trending upwards, with a correction expected towards the 0.03100 area, but it continued its upward movement, which is currently a positive sign. Further gains are anticipated in the coming hours unless a correction occurs.