Dear @lupafilotaxia

I think it is fair to say that in current market conditions all eyes are on FED and their decision related to interest rates. And as long as they will be increasing it - we should expect that more selling pressure will follow.

Not to mention, that many experienced investors will hold on with their investments until FED will pivot. Knowing, that with high probability prices of all crypto will go much lower than they are today.

In my opinion, we may see some short bull-rally within upcoming days (inflation reading soon will probably bring wave of optimism). But if such a rally will take place, then it won't be very sustainable.
Wouldn't you agree?

Good thing is that FTX collapse only crashed crypto market a little bit. That was such a massive bad news and yet, markets didn't plummet to much. Which tells me, that there isn't many investors willing to sell at current price levels.

The BTC price decline in November represented one of the largest monthly losses of 2022, with the exception of January, which saw an estimated loss of over 37%.

Wasn't crash caused by LUNA much worse?

Hope you're having great weekend :)
Cheers, Piotr