Ok, do what the hell is going on in this crypto market.

Let's recap for a second

- #Crypto and especially #BTC has seen a recent downturn, with Bitcoin dipping below $90,000. Several factors are contributing to this decline:

- One key factor is the expectation that the #FederalReserve may not cut interest rates in 2025, which negatively impact risk assets like crypto.

- The recent release of strong employment data has increased the likelihood that the Fed will maintain a tighter monetary policy, not good since risk assets like crypto usually need a fed policy to loosen, to pump

- This could further dampen investor sentiment towards risk assets like crypto.
The upcoming (1/15) release of the Consumer Price Index (#CPI) for December 2024 will be crucial

- If the CPI data shows higher-than-expected inflation, it could reinforce the Fed's hawkish stance and put further downward pressure on crypto prices. Potentially dropping #btc prices below 87k as I outlined here (- Conversely, if inflation remains subdued, it could increase the possibility of interest rate cuts and potentially support a crypto market recovery.

So how should you be playing this market:
 
 1. "#HODL" (But Wisely): I often emphasize "HODLing" during downturns. However, this doesn't mean blindly holding bad assets through every storm

 2. "#DCA" strong #Altcoins with strong Fundamentals: shift your focus to the underlying technology and long-term potential of the projects you've invested in. Are they building valuable solutions, attracting strong development teams, and gaining adoption?

A few I like. @MoonwellDeFi, @SuiNetwork @AlienBaseDEX, @AerodromeFi 

3. Don't Panic Sell: Fear and panic often drive irrational selling decisions. If you believe in the long-term potential of the crypto your holding, try to resist the urge to sell at a loss. The tides will turn, just a matter of when

Disclaimer: This is for informational purposes only and does not constitute financial advice.

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