People were so bullish in early January because the new president of USA is pro crypto. but what people don't understand is when masses gets to a specific sentiment, market tends to move other ways. Thats a type of market manipulation. Even though I wasn't bullish but didn't expect alts to bleed this much. As for my understanding as of now, I think either the 3 years crypto cycle has ended or there's a big market manipulation going on.

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