How it everyone feeling during this altcoin crash?

[JamesDaniel90]

Another Monday and another week closer to this bear market being over.

Big week coming up with clarity act decision tomorrow and next FED meeting Wednesday to see if rates are increased or not.

I am happy either way, not expecting clarity to be cleared but would be good if it is.

I havent bought any crypto for few weeks now but will do if we see a mini crash at some point this week.

Portfolio check : -46%.

[dwyane36]

Another Monday and another week closer to this bear market being over.

Big week coming up with clarity act decision tomorrow and next FED meeting Wednesday to see if rates are increased or not.

I am happy either way, not expecting clarity to be cleared but would be good if it is.

I havent bought any crypto for few weeks now but will do if we see a mini crash at some point this week.

Portfolio check : -46%.

Well, the Clarity Act is a bust, and it's unlikely it'll even be passed this year. Against this backdrop, BTC and altcoins have lost some steam, but let's hope the Fed chair will give the market some encouragement.
Overall, as far as the end of the bear market is concerned, it's clear that it will happen soon. It's also worth noting that, for at least the past month, some altcoins have been behaving as if alt season has already begun, but that's not the case yet.

[JamesDaniel90]

Another Monday and another week closer to this bear market being over.

Big week coming up with clarity act decision tomorrow and next FED meeting Wednesday to see if rates are increased or not.

I am happy either way, not expecting clarity to be cleared but would be good if it is.

I havent bought any crypto for few weeks now but will do if we see a mini crash at some point this week.

Portfolio check : -46%.

Well, the Clarity Act is a bust, and it's unlikely it'll even be passed this year. Against this backdrop, BTC and altcoins have lost some steam, but let's hope the Fed chair will give the market some encouragement.
Overall, as far as the end of the bear market is concerned, it's clear that it will happen soon. It's also worth noting that, for at least the past month, some altcoins have been behaving as if alt season has already begun, but that's not the case yet.

Apparently we are likely to have more bad news with a high chance of a rate hike coming later today.

I am happy with this though as happy to have another month or so of low prices to buy cheap before the bull run starts in a few months.

There are a few altcoins i have my eye on that I'm hoping fall at least another 10% this week to buy cheap.

[dwyane36]

Apparently we are likely to have more bad news with a high chance of a rate hike coming later today.

I am happy with this though as happy to have another month or so of low prices to buy cheap before the bull run starts in a few months.

There are a few altcoins i have my eye on that I'm hoping fall at least another 10% this week to buy cheap.

Well, the FED raised rates, but that decision was entirely expected. As a result, volatility was minimal at that moment, both on the BTC chart and for many altcoins. The question is what will happen next, since there doesn’t seem to be any good or bad news on the horizon that could trigger a market move in one direction or another.

[DanWalker]

Apparently we are likely to have more bad news with a high chance of a rate hike coming later today.

I am happy with this though as happy to have another month or so of low prices to buy cheap before the bull run starts in a few months.

There are a few altcoins i have my eye on that I'm hoping fall at least another 10% this week to buy cheap.

Well, the FED raised rates, but that decision was entirely expected. As a result, volatility was minimal at that moment, both on the BTC chart and for many altcoins. The question is what will happen next, since there doesn’t seem to be any good or bad news on the horizon that could trigger a market move in one direction or another.

The Fed rate hike was already expected and pretty much priced in, so its no surprise the market didn't react much to the official news.

What's more concerning is that the Fed was pretty hawkish in the statements that followed. They hinted that another rate hike could still happen this year. That's the part I don't really like.

So Im not really bullish on how the market is gonna move in the last quarter of the year.