Many people started to do panic sales. I think it will be a good chance for the whales to enter na market now. Then the market will be able to come back in track from my opinion.

The price of the cryptocurrency is not stable in the crypto market. So, it can be high or low. You have to take the risk if you want to invest and want to make a profit. Because the price can be high also at any time.

ETF cannot cause any harm to Bitcoin rather it will be backed by Bitcoin. Though it is not related with the growth of Bitcoin in any possible way but the hype circulating around the approval of Bitcoin ETF might cause another synthetic rise to the price which would later face consolidation again.

It is quite true but not accurate. The dominance of bitcoin has been growing now and almost crossed 50%. People are now again investing in bitcoin taking their investment back from the ALTcoins. Altcoins are now charging over price and people are not interested in it anymore