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I believe that the current drop in the Altcoins market is a normal part of the market cycle, and that the anticipation of a Bitcoin ETF is leading investors to shift their focus to Bitcoin. While this could lead to a surge in the price of Bitcoin, I think the entire crypto market stands to benefit from the ETF approval. Pullbacks of 30-40% are normal in bullish markets, and investors should monitor high timeframe charts to identify key areas to buy during periods of weakness.
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