It's wild watching the market unwind like this(reddit.com)

This is absolutely insane and just continues to remind me of the COVID dip in March 2020. ETH is no longer #2, falling to #3 now to Tether. Many of the big alts are dropping BELOW their low ranges of the 2022/2023 bear market, lower than even where they were after the collapse of FTX. Crazy to see this all playing out. I am predominantly BTC, but also have had positions in ETH an ADA for a while now. I've been loading up aggressively on BTC this year in the 60k range, but the insane volatility on the alts has made me a bit more conservative with my moves on them. This will eventually find some sort of floor of support where it stabilizes, I don't know exactly where or when this will happen, so plan is to focus more on accumulating BTC for now. Crazy times. submitted by /u/ubermensch1001 [link] [Kommentare]