The crypto market has had a wildly volatile week. High volatility and price manipulation are always the price we have to pay when venturing into crypto investment. If you've survived and stayed in the market through this period, congratulations, you're one of the most resilient investors I've ever known. Last Thursday, Bitcoin experienced a sharp correction of over 15%, sending its price plummeting from $73,000 to $60,000. This marks the third consecutive week of Bitcoin's decline. We are clearly seeing the market preparing for the end of the wave. Some analysts are trying to find the reasons why the market is selling off: - Some believe that the sell-off in tech stocks last week strongly impacted crypto. Amazon's earnings report fell short of expectations, causing its stock to have a terrible opening session: a 11% drop in Capital capitalization, dragging down the tech stock group. Bitcoin, which Wall Street often compares to blue-chip tech stocks, also benefited from this decline. - Others analyze the crypto market as having coincidental developments. Big banks have had to implement special risk mitigation measures related to Bitcoin ETF Derivative . Investors in IBIT (BlackRock's Bitcoin ETF) have been consistently selling whenever the BTC price reached $90,000. Because the selling pressure from BlackRock was so strong and sudden, while liquidation was flowing into gold (and silver) investments, it led to the sudden sell-off last Thursday. In my opinion, everything is just unfolding according to the cycle's plan. And from my observations, this cycle is similar to 2018, about 60-70%. I wouldn't be surprised if the Bitcoin chart suddenly pulled up all its wicks, much to the astonishment of traders, leaving a question mark about the next move. During this period, I urge everyone to choose the safest option to protect their Capital before another period of significant market volatility in the middle of this year. Goldman Sachs analysts have warned that the sell-off is not yet over, and I believe this is an analysis that crypto investors should carefully consider. When the stock market plummets, when tech stocks experience strong profit-taking, that's when crypto experiences maximum pain, and last week's fifth price drop was just a test. Instead of rushing into trading at this stage, I choose to accumulate as much cash as possible before the impending financial market crash. Cash is king, and the time when the market is flooded with pain is when I will act.

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