VIX (Fear index) is rising. VIX index measures the expect volatility in S%P 500 for the upcoming monthly periods. When the index starts sykrocketing, it means that some things are not going well in the world. As expected, today #crypto market crushed in double digits since it is still accepted as one of the highest risky assets (!) Obviously, the new variant of Covid will show its inevitable effects on the market. We may even test lower levels in such cases as lock down in U.S or some other European countries. It is always better to hold #USD in case of such deep dumps. Yet, we are still not sure if the market can stay strong or not. So, be watchful guys π±βπ€
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This is scary part. Because few whales can start it the chain reaction of fear would keep it rolling