Crypto Plunge May Signal Bull Run Start, Traders Say

The recent crypto market downturn that rattled investors on Friday may be more about market psychology than fundamental weakness, according to crypto trader Alex Becker. In a video published to YouTube on Saturday, Becker characterized the sell-off as crypto traders reaching an ‘all-time impatience’ with the market. This sentiment analysis suggests that the plunge wasn’t driven by deteriorating fundamentals or negative news, but rather by trader frustration and short-term thinking.

Becker’s assessment points to a common pattern in cryptocurrency markets where periods of consolidation and sideways trading often lead to impatience among participants. When anticipated price movements fail to materialize quickly enough, traders may liquidate positions out of frustration, creating temporary sell-offs that don’t reflect the underlying market strength. This psychological dynamic can create buying opportunities for those who recognize the pattern and maintain a longer-term perspective on market cycles.

Despite the negative price action, both Alex Becker and Jan3 founder Samson Mow see the current market conditions as potentially marking the early stages of a bull run. ‘I think there’s a very high chance this is the start of the bull market,’ Becker stated unequivocally in his weekend analysis. This contrarian perspective suggests that what appears to be bearish price action may actually represent the final shakeout before sustained upward momentum.

Samson Mow echoed this optimistic outlook in an X post on the same day, declaring, ‘It’s time for Bitcoin’s next leg up.’ The alignment between these two prominent voices in the crypto space indicates a growing consensus among experienced traders that current market weakness may be temporary. Their simultaneous bullish statements suggest they’re identifying similar technical or fundamental patterns that typically precede significant market advances.

The timing of these statements is particularly noteworthy, coming immediately after a sharp market decline when sentiment would typically be most negative. Both traders are positioning themselves against the prevailing market narrative, suggesting they see underlying strength that isn’t immediately apparent to the broader market. This type of contrarian analysis often precedes major market turns, as experienced traders recognize opportunities when fear is highest.

For investors navigating the current volatility, Becker offered clear guidance: ‘I think selling right now could be the stupidest thing you could ever do.’ This strong warning against panic selling reflects his conviction that the market is positioned for recovery rather than further decline. His advice aligns with historical patterns where selling during periods of maximum fear often results in missing subsequent recoveries.

The coordinated messaging from both Becker and Mow creates a compelling case for maintaining or establishing positions during this period of uncertainty. Their analysis suggests that the current market environment may represent one of those rare moments where conventional wisdom is wrong and contrarian thinking pays dividends. For Bitcoin specifically, both traders appear confident that the foundation exists for significant price appreciation in the near term.

This perspective requires investors to distinguish between short-term price movements and longer-term market cycles. While Friday’s plunge created immediate losses, the analysis from these traders suggests these losses may be temporary within the context of a larger bullish pattern. Their collective outlook emphasizes the importance of maintaining discipline during volatile periods and avoiding emotional decision-making that could undermine long-term investment strategies.